Navient Corporation (NASDAQ:NAVI) Files An 8-K Results of Operations and Financial Condition
ITEM2.02
|
RESULTS OF OPERATIONS AND FINANCIAL CONDITION. |
On April18, 2017, Navient Corporation (the Company) issued an
informational press release announcing its financial results for
the quarter ended March31, 2017 were available on the Investor
page of its website located at
https://www.navient.com/about/investors/. Additionally, on
April18, 2017, the Company posted its financial results for the
quarter ended March31, 2017 to its above-referenced web location.
A copy of each press release is furnished as Exhibit 99.1 and
Exhibit 99.2 hereto.
| ITEM9.01 | FINANCIAL STATEMENTS AND EXHIBITS. |
| (d) | Exhibits |
|
Exhibit Number |
Description |
|
| 99.1* | Press Release, dated April18, 2017. | |
| 99.2* | Financial Press Release, dated April18, 2017 |
| * | Furnished herewith. |
About Navient Corporation (NASDAQ:NAVI)
Navient Corporation is a loan management, servicing and asset recovery company. The Company holds the portfolio of education loans insured or guaranteed under the Federal Family Education Loan Program (FFELP), as well as the portfolio of Private Education Loans. FFELP Loans are insured or guaranteed by state based on guaranty agreements among the United States Department of Education (ED) and these agencies. Private Education Loans are education loans to students or their families that bear the full credit risk of the customer and any cosigner. The Company operates in three segments: FFELP Loans, Private Education Loans and Business Services. The Company services its own portfolio of education loans, as well as those owned by banks, credit unions, non-profit education lenders and ED. It also provides asset recovery services on its own portfolio, guaranty agencies, higher education institutions, ED and other federal clients, as well as states, courts and municipalities. Navient Corporation (NASDAQ:NAVI) Recent Trading Information
Navient Corporation (NASDAQ:NAVI) closed its last trading session up +0.12 at 15.05 with 1,637,159 shares trading hands.