Educational loan processor

First Marblehead

(FMD)

says it will receive $173.3 million in upfront advisory fees from a $1.84 billion asset-backed securities deal.

The Boston-based firm says the fees stem from a deal with the National Collegiate Student Loan Trust. The advisory fee is down slightly from the firm's earlier estimate of $175 million. But that earlier estimate was up substantially over what analysts had been predicting.