Navient Corporation and Navient Solutions, LLC v. The State of Mississippi ex rel. Lynn Fitch, Attorney General

CourtMississippi Supreme Court
DecidedMarch 25, 2021
Docket2019-IA-01391-SCT
StatusPublished

This text of Navient Corporation and Navient Solutions, LLC v. The State of Mississippi ex rel. Lynn Fitch, Attorney General (Navient Corporation and Navient Solutions, LLC v. The State of Mississippi ex rel. Lynn Fitch, Attorney General) is published on Counsel Stack Legal Research, covering Mississippi Supreme Court primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Navient Corporation and Navient Solutions, LLC v. The State of Mississippi ex rel. Lynn Fitch, Attorney General, (Mich. 2021).

Opinion

IN THE SUPREME COURT OF MISSISSIPPI

NO. 2019-IA-01391-SCT

NAVIENT CORPORATION AND NAVIENT SOLUTIONS, LLC

v.

THE STATE OF MISSISSIPPI EX REL. LYNN FITCH, ATTORNEY GENERAL

DATE OF JUDGMENT: 08/20/2019 TRIAL JUDGE: HON. DENISE OWENS TRIAL COURT ATTORNEYS: JACQUELINE H. RAY GEORGE NEVILLE DONALD L. KILGORE A. LEE ABRAHAM, JR. CAROLYN GLASS ANDERSON JUNE PINEDA HOIDAL PATRICIA A. BLOODGOOD DANIEL T. LINDQUIST BETH ORLANSKY CHARLES OTIS LEE ROBERT McDUFF J. CARTER THOMPSON, JR. D. STERLING KIDD JENNIFER G. LEVY MICHAEL DAVID SHUMSKY NICKOLAS HALEN BARBER LAUREN N. BEEBE MICHAEL ROBERT KILGARRIFF KATHERINE ELIZABETH CANNING MARY C. MORGAN COREY OMER AMANDA DAVIDOFF DAVID H. BRAFF COURT FROM WHICH APPEALED: HINDS COUNTY CHANCERY COURT ATTORNEYS FOR APPELLANTS: J. CARTER THOMPSON, JR. D. STERLING KIDD MICHAEL D. SHUMSKY JENNIFER LEVY LAUREN BEEBE KATHERINE CANNING NICKOLAS BARBER MIKE KILGARRIFF PATRICK BROWN ATTORNEYS FOR APPELLEE: OFFICE OF THE ATTORNEY GENERAL BY: TA’SHIA GORDON MARY JO WOODS PATRICIA A. BLOODGOOD CAROLYN G. ANDERSON JUNE P. HOIDAL ROBERT B. McDUFF BETH L. ORLANSKY CHARLES O. LEE A. LEE ABRAHAM, JR. NATURE OF THE CASE: CIVIL - OTHER DISPOSITION: AFFIRMED AND REMANDED - 03/25/2021 MOTION FOR REHEARING FILED: MANDATE ISSUED:

BEFORE KITCHENS, P.J., COLEMAN AND GRIFFIS, JJ.

COLEMAN, JUSTICE, FOR THE COURT:

¶1. On July 17, 2018, the State filed its complaint against Navient Corporation and

Navient Solutions, LLC (together, “Navient”), alleging that Navient’s origination of high-

cost, subprime loans and predatory practices while servicing student-loan borrowers in

Mississippi violated the Mississippi Consumer Protections Act.

2 ¶2. Navient moved to dismiss on two grounds: failure to state a claim and lack of venue.

On August 20, 2019, the chancery court denied Navient’s motion; Navient timely petitioned

the Court for an interlocutory appeal. Now, Navient argues that federal law preempts the

State’s servicing claims and that injunctive relief under the Act does not apply because the

alleged loan-origination misconduct ceased and cannot recur. We disagree and affirm the

trial court.

The Complaint

¶3. Under the “Attorney General’s common law and parens patriae authority as well as

statutory authority under” Mississippi Code Section 75-24-1, the State’s complaint against

Navient began by introducing Navient as the largest student-loan servicer in the United

States. In addition, the complaint made clear that “federal question jurisdiction . . . is not

invoked by the Complaint as it sets forth herein exclusively viable state law claims against

[Navient].”

¶4. Describing the issues, the State alleged that Navient

has harmed numerous student loan borrowers in Mississippi by (1) marketing risky and expensive subprime private student loans that it knew, or should have known were likely to default; and (2) while servicing federal student loans, making a host of misrepresentations, including steering borrowers into costly forbearances, instead of enrolling them into more affordable income- driven repayment plans.

¶5. Ultimately, the State set forth four counts of violations against Navient:

Count I: Under the Mississippi Consumer Protections Act for unfairly and deceptively offering, marketing and originating risky,

3 expensive loans which had a high likelihood of default, among other unlawful conduct between 2000 and 2009;

Count II: Under the MCPA for numerous unfair and deceptive loan servicing practices between 2010 and the present;

Count III: For common law unjust enrichment, seeking disgorgement of increased revenues and profits resulting from deceptive and unfair offering and originating subprime, high cost loans to borrowers in spite of their high likelihood of default while failing to inform borrowers of this known high risk of default; and

Count IV: For Navient’s unjust enrichment for its unfair and deceptive servicing conduct between 2010 and the present.

¶6. The history surrounding Navient, its predecessor, and the student-loan industry is

dense, but, importantly, their business has been “offering, selling, marketing, and promoting

student loans and servicing borrowers’ student loans since at least 2000.” From originating

student loans to servicing them for repayment, Navient facilitated student loans across the

nation, including in Mississippi. Although the State has alleged voluminous numbers of

predatory practices, they are categorized into two areas: (1) the origination of student loans;

and (2) the servicing of student-loan repayment.

Origination Claims

¶7. The relevant period for the origination claims, which relate to Navient’s deceptive and

unfair private student-loan origination practices is between 2000 and 2009. Navient’s

predecessor set lending policies, marketed loans to Mississippi schools and student-loan

borrowers, and funded and disbursed the loans. In 2014, Navient assumed responsibility for

4 its predecessor’s liabilities resulting from the earlier practices. Overall, the complaint is

permeated with allegations of predatory practices. The State emphasized their plea:

The State believes that, after a reasonable opportunity for discovery, the evidence will likely show that: (1) there has been a profound impact on the financial lives of student loan borrowers in Mississippi who were deceptively sold risky subprime loans by the Defendants, (2) many borrowers have had to delay starting a family, (3) many borrowers have been unable to save for the down payment on a home, and (4) others have not been able to start their own business and actually apply the education for which they borrowed.

Servicing Claims

¶8. The relevant period for the State’s servicing claims concerning Navient directly is

from 2010 to the present. During that time, Navient “utilized servicing policies, practices,

and mechanisms affecting student loan borrowers all around the country, including

Mississippi.” Navient serviced more than $275 billion in federal student loans and is reputed

as the largest servicer in the market.

¶9. The categories involved in the servicing section include (1) steering borrowing into

costly forbearance rather than income-driven repayment, (2) systemic failures relating to

recertification of income-driven repayment, (3) misrepresentations regarding cosigner

release, and (4) repeated payment-processing errors.

¶10. Among others, the complaint details that “[u]ntil at least the fall of 2014, Navient’s

compensation policies for its customer service representatives incentivized them to push

numerous borrowers into forbearance without adequately offering income-drive repayment

plans to those borrowers, and in some cases, without even mentioning income-driven

5 repayment] plans at all.” The complaint further examines numerous instances in which

Mississippi borrowers were guided into forbearance rather than income-driven repayment.

¶11. In sum, the servicing section of the State’s complaint is rife with alleged examples,

testimony, and predatory practices surrounding Navient’s servicing of student loans, forcing

the consumer to bear the brunt of the consequences.

Chancery Court Order

¶12. The chancery court denied Navient’s joint motion to dismiss. As to venue, the

chancery court found that “[t]he Mississippi Supreme Court recently rejected [Navient’s

arguments], ruling definitively that Miss. Code Ann. § 11-11-3, not § 75-24-9, is the proper

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Navient Corporation and Navient Solutions, LLC v. The State of Mississippi ex rel. Lynn Fitch, Attorney General, Counsel Stack Legal Research, https://law.counselstack.com/opinion/navient-corporation-and-navient-solutions-llc-v-the-state-of-mississippi-miss-2021.