Navient, one of the country’s largest student loan servicers, has reached a $120 million settlement with the Consumer Financial Protection Bureau — resulting in the company being permanently banned ...

Editor's note: This story has been updated to clarify that Navient has been banned only from servicing student loans. Navient, one of the largest student loan companies in the U.S., has been banned ...

Will outsource student loan servicing and create variable expense model Initiates exploration of strategic options for business processing division, including potential divestment Intends to ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

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Navient NAVI0.94%increase; green up pointing triangle has signed a binding letter of intent to transfer its student-loan servicing to Mohela following an in-depth review of its operations. The ...