Navient fined $120M, banned from federal mortgage servicing
The Shopper Monetary Safety Bureau, led by director Rohit Chopra, this week reached a settlement with Navient after a seven-year authorized combat over the corporate’s scholar mortgage administration practices. Photo illustration by Justin Morrison/Inside Increased Ed | David Ake and Michael A. McCoy/Getty Photographs Navient, an embattled scholar mortgage supplier, pays again $100 million to scholar…