More Student Loan Problems and Lawsuits

Navient Corporation, our nation’s largest student loan servicer has been hit with three more lawsuits alleging they harmed student loan borrowers. The lawsuits may take years to play out, mainly due to the sheer volume of evidence that has been gathered against Navient. Navient services more than $300 billion in federal and private student loans for more than 12 million borrowers. In January 2017, the U.S. Consumer Financial Protection Bureau (CFPB) and the Illinois and Washington Attorney Generals sued Navient. They allege, among other things, that Navient misallocated payments, steered borrowers toward multiple forbearances instead of income-driven repayment plans, gave unclear information

Repeat Foreclosures On The Rise- Should You Hire A Colorado Foreclosure Defense Attorney?

Nationwide, home foreclosures have dropped to their lowest level since November 2005. During April 2017, there were 77,049 filings reported in the U.S. This number includes default notices, scheduled auctions and bank repossessions. The figures reflect the lowest number of foreclosures since the housing crisis began. While the drop is significant, at the same time there was a rise in repeat foreclosures. A repeat foreclosure is noted as any property address with the same owner who had a previous foreclosure start within the last 10 years. Many of these repeat foreclosures were homeowners who fell into default but managed to stay in the home through various methods such as modifications or le


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