Tampa Free Press on MSN

U.S. Education Department Issues Final Rule On Loan Forgiveness, Cutting Off Illegal Groups

The U.S. Department of Education today announced a final rule aimed at restoring the integrity and original purpose of the ...
CBS News

Navient banned from federal student loan servicing, will pay borrowers $100 million in compensation.

Navient is barred from federal student loan servicing and has to pay $120 million in fines and compensation to the borrowers harmed by its practices, according to a proposed settlement with the ...
TMCnet

LoanPro Unveils First-of-Its-Kind AI Gateway to Enable Safe, Compliant Agentic Loan Servicing

The announcement marks a major milestone in LoanPro's multi-year AI strategy and commitment to modernizing lending and credit servicing and collections. With MCP, LoanPro clients can begin to define ...
wdam

Navient must pay $100 million to student loan borrowers in settlement; company banned from servicing federal loans

(Gray News) - Embattled loan servicer Navient has been banned from servicing federal student loans and must pay out millions of dollars as part of a new settlement. The agreement settles a ...