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News Releases
Date Title and Summary View
Apr 2, 2014 NEWARK, Del. (April 2, 2014)— Navient, the new loan management, servicing and asset recovery company to launch later this year, has chosen Wilmington for the location of its corporate headquarters. Sallie Mae, the consumer banking business, will remain at its existing headquarters facility off Churchman’s Road...
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Apr 10, 2014 NEWARK, Del. (April 10, 2014)—Sallie Mae (NASDAQ: SLM), formally SLM Corporation, announced today that its board of directors has unanimously approved the strategic separation of its loan management, servicing and asset recovery business, known as Navient, from its consumer banking business. Sallie Mae Bank’s co...
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May 1, 2014 NEWARK, Del., May 1, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, today marks its launch as an independent company dedicated to helping customers navigate the path to financial success. Navient will begin "regular way" trading today on the NASDAQ stock market under the ticker symbol N...
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May 5, 2014 NEWARK, Del., May 5, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced that William M. Diefenderfer III will serve as founding chairman of its Board of Directors. "Our newly created Board of Directors is honored to be part of Navient's mission to help our customers navigate t...
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May 13, 2014 NEWARK, Del., May 13, 2014 (GLOBE NEWSWIRE) -- Navient announced today it has entered into an agreement with the U.S. Department of Justice (DOJ) and Federal Deposit Insurance Corporation (FDIC) to resolve previously reported regulatory matters relating to compliance with certain requirements including the Servicemembers Civil Relief Act (SCRA). ...
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May 19, 2014 NEWARK, Del., May 19, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, announced that Linda A. Mills will serve on its board of directors. Mills is currently corporate vice president of operations for Northrop Grumman, a leading global security provider of advanced solutions for defen...
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May 22, 2014 NEWARK, Del., May 22, 2014 (GLOBE NEWSWIRE) -- Today, the U.S. Department of Education released its Direct Loan servicing results for the quarter ending March 31, 2014. Again this quarter, Navient, formerly Sallie Mae, helped more Americans stay on track with their student loan payments than other federal Direct Loan servicers. For the two key metr...
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May 22, 2014 NEWARK, Del., May 22, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors authorized a $400 million share repurchase program for the company's outstanding common stock. The program does not have an expiration date. The board also ...
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May 23, 2014 NEWARK, Del., May 23, 2014 - Navient, the nation's leading loan management, servicing and asset recovery company, today issued a statement from President and CEO John (Jack) F. Remondi: This weekend as we gather with friends and family for Memorial Day, we remember what this long weekend is really about: celebrating the brave ...
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Jun 4, 2014 WILKES-BARRE, Pa., June 4, 2014 (GLOBE NEWSWIRE) -- Navient is a winner of the 2014 Governor's ImPAct Awards, presented by Governor Tom Corbett to Pennsylvania businesses for creating jobs, developing ideas, reaching new markets and making positive contributions in local communities. A photo accompanying this release is available at http://www....
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