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Corporate and Financial
Date Title and Summary View
Nov 17, 2014 NEWARK, Del., Nov. 17, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today announced the closing of a new $10 billion student loan asset-backed commercial paper financing facility. The conduit matures in November 2017, and was supported by Wells Fargo Bank, National Association; JPMorgan Chase Bank, N.A.; and Royal Bank of Canada; and arranged by ...
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Nov 5, 2014 NEWARK, Del., Nov. 5, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the 2014 Bank of America Merrill Lynch Banking & Financial Services Conference on Wednesday, Nov. 12. Remondi will deliver remarks at 3:10...
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Oct 15, 2014 Navient Acquires $1.4 Billion in Student Loans during the QuarterCharge-Off Rates on Private Education Loan Portfolio Improve to Lowest Levels Since 2008Navient-Serviced Federal Cohort Default Rate 40 Percent Better than National Average NEWARK, Del., Oct. 15, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI) today released third-quarter 2014 fina...
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Oct 9, 2014 NEWARK, Del., Oct. 9, 2014 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Navient (Nasdaq:NAVI), please note that in the second paragraph of the release, the dividend payment date should be Dec. 19, not Dec. 26 as previously stated. The corrected release follows: Navient (Nasdaq:NAVI), the nation's leading ...
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Oct 6, 2014 NEWARK, Del., Oct. 6, 2014 (GLOBE NEWSWIRE) -- Navient, the nation's leading loan management, servicing and asset recovery company, will release its 2014 third quarter earnings results after market close on Wednesday, Oct. 15, 2014. In addition, the company will host a conference call for shareholders at 8 a.m. EDT on Thursday, Oct. 16, 2014. T...
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Sep 26, 2014 NEWARK, Del., Sept. 26, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that Chief Financial Officer Somsak Chivavibul will participate in the Deutsche Bank 2014 Leveraged Finance Conference in Scottsdale, Arizona on Tuesday, Sept. 30. Any written materials ...
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Sep 24, 2014 NEWARK, Del., Sept. 24, 2014 (GLOBE NEWSWIRE) -- The 2011 cohort default rate (CDR) for federal student loan borrowers whose loans are serviced by Navient defaulted at a 40 percent lower rate than the national average. According to company data, Navient's 2011 CDR is 8.28 percent, compared to the national rate of 13.7 percent released earlier today...
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Sep 12, 2014 NEWARK, Del., Sept. 12, 2014 (GLOBE NEWSWIRE) -- The U.S. Department of Education released new federal loan servicer results that show that once again, Navient helped more customers successfully repay their student loans and avoid the long-term consequences of default than other servicers of Department of Education-owned loans. For both the quarter...
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Sep 2, 2014 NEWARK, Del., Sept. 2, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, today announced that President and CEO Jack Remondi will speak at the 2014 Barclays Global Financial Services Conference on Monday, Sept. 8. Remondi will deliver remarks at 3:30 p.m. EDT in New York City...
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Aug 14, 2014 NEWARK, Del., Aug. 14, 2014 (GLOBE NEWSWIRE) -- Navient (Nasdaq:NAVI), the nation's leading loan management, servicing and asset recovery company, announced today that its Board of Directors approved a 2014 third quarter dividend of $0.15 per share on the company's common stock. The dividend will be paid on Sept. 26, 2014, to shareholders of re...
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