II'm also in the process of dealing with SALLIEMAE. SM just happens to be the entity the 'loan' was sold to.
I have some information that I am going to try. Since a promissory note is a promissory note is a promissory note...here is what I'm doing:
I'm going to go to the County Recorder and record my copy of the promissory note, as Setlor. That, theoretically, should put the prommissory note back into my possession/control.
The resource I am trying is found at:
http://www.the7thfire.com/Politics and History/a_new_beginning/private_banking.htm
I will keep everyone posted as to how this turns out.
marie