Navient rebuffs servicing concerns on student loan ABS

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Navient rebuffs servicing concerns on student loan ABS

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Navient Corp’s latest private student loan ABS issuance, which settles next week, comes amid regulatory criticism over poor servicing in the industry. But the Sallie Mae spin-off disclosed improved private loan performance on Wednesday and rebuffed assertions that borrowers were unable to refinance their loans.

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