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Sallie Mae spinoff could face CFPB penalty
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Consumer Protection
Monday, September 14, 2015
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A student loan servicing company that spun off from Sallie Mae said in a filing with the Securities and Exchange Commission that it may be facing an enforcement action from the Consumer Financial Protection Bureau (CFPB). Read on to see what the company warned shareholders of, and how far back the CFPB investigation could go.
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