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Students Consumer Financial Protection Bureau (CFPB) Compliance

Goodwin

CFPB Finalizes Rule Defining “Larger Participants” of the Student Loan Servicing Market

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Noting that “student loan servicing is an important activity that affects millions of consumers,” the CFPB issued a final rule allowing it to supervise certain nonbank student loan servicers for the first time. The rule...more

Stinson - Corporate & Securities Law Blog

CFPB To Oversee Nonbank Student Loan Servicers

The CFPB has issued a rule that allows the CFPB to supervise certain nonbank student loan servicers for the first time. The CFPB currently oversees student loan servicing at the largest banks. ...more

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