Navient stock is way up in anticipation that the Trump Administration will go back to privatizing student loan debt. The bad news is that more Navient tranches are melting.
A Call with Navient Rep
I spoke with a representative from the DOE for a lengthy amount of time a couple days ago after I talked to Navient and they haven't heard anything from DOE about forbearance. DOE said I should of received a auto response email when I submitted... — read more
Music to work by...
Does Navient have a play list? https://www.youtube.com/watch?v=JqbXQa05Z6c&feature=youtu.be&list=RDJqbXQa05Z6c
Bond ratings drop. Students opting to make smaller payments or deferring payments.
"...Moody's has cut ratings on...$3.9 billion worth of bonds administered by Navient Corp....Some student borrowers are opting to make smaller regular payments while others are putting off their repayment plans for years."... — read more
"targeted outreach campaigns"?
What does Jack Remondi mean by "targeted outreach campaigns"? (1) Has collections changed at Navient lately? (2) Are they mentioning that people can do income-based repayment? (3) Who is buying the ABS?... — read more
"Navient faces lawsuit after Clinton critique"
"A class action lawsuit is emerging against the company in Delaware's federal court that puts at least $19 million on the line for the company, according to court documents. That figure will likely rise as more investors join the case....Plaintiffs... — read more
Earnings Report Out July 19
If earnings doesn't look good next week...
It appears. They used you and abuse you, and now they kick you to the side that's just not right or fair I would visit the Debt Collective site.
It appears. They used you and abuse you, and now they kick you to the side that's just not right or fair I would visit the Debt Collective websites don't let them use you and try to make you an scapegoat for their illegal actions... — read more
"Navient's Obsolete Business Model"
http://seekingalpha.com/article/3976709-navients-obsolete-business-model
Hagens Berman
Is Hagens Berman still looking for whistle blowers?