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Navient Banned From Student Loan Servicing After $120 Million Settlement
The CFPB’s lawsuit, which began in 2017, accused Navient of numerous illegal practices, including steering borrowers into ...
National Review5y
The Consumer Financial Protection Bureau’s Student-Loan Shakedown
The legal action is looking more and more like the kind of politically driven nuisance lawsuit that many warned would be CFPB’s hallmark. The CFPB claims that Navient — which holds a ...
Navient, CFPB reach $120M settlement over landmark student loan servicing case
The deal concludes the CFPB’s lawsuit against the company that was brought in the waning days of the Obama administration in January 2017. In the years since, Navient and CFPB officials have ...