Navient Agreed To Pay Monetary Penalty Of $20mln Plus Additional Monetary Relief & Redress Of $100M To Population Of Borrowers Determined By CFPB; Also Agreed Not To Re-Enter Servicing Of Federal Student Loans And Not To Acquire Any Additional...

Benzinga · Sep 12 21:52

Navient Agreed To Pay Monetary Penalty Of $20mln Plus Additional Monetary Relief & Redress Of $100M To Population Of Borrowers Determined By CFPB; Also Agreed Not To Re-Enter Servicing Of Federal Student Loans And Not To Acquire Any Additional Ownership Interest In FFELP Loans; Does Not Expect Restrictions To Impact Its Business Plans

- Reuters

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Navient Agreed To Pay Monetary Penalty Of $20mln Plus Additional Monetary Relief & Redress Of $100M To Population Of Borrowers Determined By CFPB; Also Agreed Not To Re-Enter Servicing Of Federal Student Loans And Not To Acquire Any Additional...

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