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CFPB Bans Navient from Federal Student Loan Servicing and Orders the Company to Pay $120 Million for Wide-Ranging Student Lending Failures

https://www.consumerfinance.gov/archive/newsroom/cfpb-bans-navient-from-federal-student-loan-servicing-and-orders-the-company-to-pay-120-million-for-wide-ranging-student-lending-failures/

...against the student loan servicer Navient for its years of failures and lawbreaking...Orders the Company to Pay $120 Million for Wide-Ranging Student Lending Failures...against the student loan servicer Navient for its years of failures and lawbreaking