A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million.

(Reuters) -A U.S. regulator on Thursday banned Navient from servicing federal student loans, excluding the company once known as Sallie Mae from a market it once led, and ordered it to pay $120 ...

Navient, a major student loan servicer, has reached a settlement with the Consumer Financial Protection Bureau to resolve government claims of abuse.

A U.S. regulator on Thursday banned Navient from servicing federal student loans, excluding the company once known as Sallie Mae from a market it once led, and ordered it to pay $120 million for ...

By Katie Lobosco, CNN Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million.

By Katie Lobosco, CNN Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million. The ...

By Katie Lobosco, CNN Washington (CNN) — A federal regulator said Thursday that it is banning Navient from servicing federal student loans and ordering the company to pay $120 million. The ...