ETFs Navient Corporation

Navient Corporation provides technology-enabled education finance and business processing solutions. The Company operates through three segments: Federal Education Loans, Consumer Lending, and Business Processing. In the Federal Education Loans segment, it owns and manages Federal Family Education Loan Program (FFELP) loans and is the master servicer on this portfolio. It also services FFELP loans owned by other institutions. In the Consumer Lending Segment, it owns and manages private education loans and is the master servicer for these portfolios. Through its Earnest brand, it also refinances and originates in-school private education loans. In the Business Processing Segment, it provides business processing solutions, such as omnichannel contact center services and workflow processing. It offers its solutions to federal agencies, state governments, tolling and parking authorities, and other public sector clients.