New York has been the American epicenter for the exploding coronavirus pandemic. Informed by recent systemic challenges to the financial services sector, New York's regulators have responded.
Among the responses is an...more
4/24/2020
/ Borrowers ,
CARES Act ,
Coronavirus/COVID-19 ,
Credit Reporting Agencies ,
Default ,
Department of Education ,
Forbearance Agreements ,
Late Fees ,
Late Payments ,
Lenders ,
Licensing Rules ,
Loan Servicing ,
NYDFS ,
Private Student Loans ,
Relief Measures ,
Student Loans
The May 2019 issue of Insights provided high-level background information about the recent trend of state legislation targeting student loan servicers. In the June 2019 issue of Insights, we took a deeper dive into New York's...more
9/3/2019
/ Borrowers ,
Duties & Responsibilities ,
Licensing Rules ,
Loan Servicer ,
New Legislation ,
Ombudsman ,
Payment Bonds ,
Payment Terms ,
Pending Legislation ,
Policies and Procedures ,
Registration Requirement ,
State Legislatures ,
Student Loans ,
Students