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What Institutional Student Lenders Need to Know About Changes to the CFPB’s Exam Manual

The Dodd-Frank Act gave the Consumer Financial Protection Bureau (CFPB) direct supervisory authority over any institution that engages in private education lending, regardless of whether the lender is a depository institution...more

Massachusetts Enacts Student Loan Servicer License Requirement

On January 14, 2021, the governor of Massachusetts signed H 5250 into law, which includes a licensing requirement applicable to student loan servicers, and other requirements related to the regulation and supervision of...more

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