Navient is permanently banned from servicing Federal Direct Student Loans and cannot acquire any new FFEL Program Loans ・The ...

The Consumer Financial Protection Bureau and Navient have reached a tentative agreement that would require the student loan ...

The "recent change in administration" gives analysts optimism that federal student loan programs could be outsourced to the ...

MOHELA has now taken over the program. Navient also recently withdrew from the Education Department’s student loan servicing system. Another company, called Aidvantage, took over many Direct ...

Navient’s Government Services business includes Navient Business ... ongoing efforts to simplify its business and diversify its loan portfolio. Each was handpicked by a Zacks expert as the ...

Navient Corp. engages in the provision ... The Federal Education Loans segment owns FFELP Loans and performs servicing and asset recovery services on FFELP Loan portfolio. The Consumer Lending ...

Two years ago the Consumer Financial Protection Bureau sued the student-loan-servicing company Navient, alleging the business had steered borrowers toward suboptimal repayment options. The ...

Navient has transferred its contract to Maximus Federal Services, and GSMR recently announced that all of its accounts will be transferred to EdFinancial Services. Borrowers with loans serviced by ...

Morgan Stanley analyst Jeffrey Adelson maintained a Hold rating on Navient (NAVI – Research Report) today and set a price target of $14.00. The ...

In a report released today, Nathaniel Richam-Odoi from Bank of America Securities maintained a Hold rating on Navient (NAVI – Research Report).

In terms of strategic actions, Navient has outsourced loan servicing and settled with the Consumer Financial Protection Bureau. The company aims to reduce corporate overhead expenses to below $200 ...

Also, if Navient fails to acquire loans or expand or develop alternative ... including outsourcing servicing to MOHELA in April 2024. Nearly 900 employees were transferred, and a variable cost ...