Jun 13, 2006

Firstmark Services Attains Student Loan Milestones

WOODBURY, Minn., June 13, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- Today, Firstmark Services, a leading national servicer of private student loans, announced that it has achieved two milestones: $1 billion in total student loan assets managed and 250,000 student loan accounts serviced for its clients.

Firstmark, based in Woodbury, Minn., works with lenders to provide private loan services to their borrowers and colleges. The company offers loan origination, claims processing, customer service, document management, account maintenance, and pre-default loan collections for its lender clients.

"One billion dollars in assets managed is a landmark achievement for our company," said Firstmark's General Manager Joe Popevis. "Our success is a reflection of our commitment to superior customer service and focus on the private student loan market."

Firstmark Services, a Nelnet company (NYSE: NNI), specializes in servicing privately funded education loans. The company works with lenders and agencies to manage details of loan relationships between their borrowers and colleges

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SOURCE Firstmark Services; Nelnet Corporation

Eric Solomon of Nelnet Corporation, +1-202-659-2258

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