Navient Corporation Permanently Banned From Federal Student Loan Servicing Market, Ordered to Pay $100 Million to Cheated Borrowers
September 13, 2024
September 13, 2024
WASHINGTON, Sept. 13 -- Student Borrower Protection Center issued the following news release:
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CFPB's Blockbuster Enforcement Action Drove Biden-Harris Administration to Cancel $50 Billion in Student Loans for One Million Borrowers
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Navient Corporation, the one-time student loan market leader, was permanently banned by its primary federal regulator, the Consumer Financial Protection Bureau (CFPB), from servicing any federal stude . . .
* * *
CFPB's Blockbuster Enforcement Action Drove Biden-Harris Administration to Cancel $50 Billion in Student Loans for One Million Borrowers
* * *
Navient Corporation, the one-time student loan market leader, was permanently banned by its primary federal regulator, the Consumer Financial Protection Bureau (CFPB), from servicing any federal stude . . .