Consumer Financial Protection Bureau v. Navient Corporation et al

  1. March 01, 2021

    Time Limit Debate On Navient Loan Claims Will Go To 3rd Circ.

    A Pennsylvania federal judge has granted student loan servicer Navient's bid to seek the Third Circuit's opinion on whether questions about the constitutionality of the Consumer Financial Protection Bureau's setup stopped the clock on claims that it misled borrowers.

  2. February 05, 2021

    CFPB Urges Denial Of Delay In Navient Loan Servicing Suit

    Student loan servicer Navient shouldn't get to pause a Consumer Financial Protection Bureau lawsuit pending an appeal to the Third Circuit because questions about the constitutionality of the agency's setup had rightfully stopped the statute of limitations on claims against the company, and there were no precedents that said otherwise, the CFPB argued to a Pennsylvania federal court.

  3. January 13, 2021

    Navient Can't Escape CFPB Borrower Suit, Judge Says

    A Pennsylvania federal judge on Wednesday rejected student loan servicer Navient's bid to toss a Consumer Financial Protection Bureau suit, because the loan provider's argument that the agency is unconstitutional "strays afar" from a recent Supreme Court ruling.

  4. January 07, 2021

    Navient Says 9th Circ.'s Seila Ruling No Help To CFPB Suit

    Student loan servicer Navient Corp. told a Pennsylvania federal judge on Wednesday that a challenge it has raised to a Consumer Financial Protection Bureau lawsuit alleging it mistreated borrowers wasn't put to rest by a recent Ninth Circuit decision backing the agency's investigative efforts against California law firm Seila Law.

  5. July 17, 2020

    Navient Trashes CFPB's Bid To Win Student Loan Suit

    Student loan servicer Navient Corp. has told a Pennsylvania federal court that the Consumer Financial Protection Bureau lacks evidence to support allegations in a suit accusing Navient of borrower mistreatment and asked the court to reject the bureau's "truly extraordinary" bid for summary judgment.

  6. July 15, 2020

    CFPB Says Justices' Seila Ruling Irrelevant To Navient Suit

    The Consumer Financial Protection Bureau wants its suit against student loan servicer Navient to move ahead, despite the company's claim that the agency had been defanged by the U.S. Supreme Court's Seila decision.

  7. July 10, 2020

    Navient Cites Supreme Court Ruling In Bid To End CFPB Suit

    Student loan servicer Navient told a Pennsylvania federal judge Friday that because the U.S. Supreme Court recently ruled the president can remove the Consumer Financial Protection Bureau's chief at will, that agency's suit against the loan provider should be dropped.

  8. May 19, 2020

    Navient Pushes For End To CFPB's Servicing Suit

    Navient Corp. urged a Pennsylvania federal judge on Tuesday to shut down the Consumer Financial Protection Bureau's lawsuit against the student loan servicing giant, saying that the agency still hasn't mustered evidence to prove its claims of borrower mistreatment despite years of probing.

  9. March 19, 2020

    Ex-CFPB Expert Didn't Switch Sides For Navient, Report Says

    A former economist at the Consumer Financial Protection Bureau should not be barred from lending her expertise to Navient Corp. in the bureau's case against the student loan servicing giant because she didn't have substantial knowledge of the investigation before she quit, a special master told a Pennsylvania federal court Thursday.

  10. March 04, 2020

    Navient Says Ex-CFPB Official Wasn't Privy To Case Convos

    Navient Corp. said a former Consumer Financial Protection Bureau employee can't be disqualified from offering insights during discovery in the agency's case against the student loan servicing giant, arguing there's been no evidence showing the expert was privy to legal conversations regarding the CFPB's claims.

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