In last month's issue of Insights we discussed a new licensing regime in the Commonwealth of Massachusetts specific to student loan servicers. As of the publication date of that article the rules such servicers must follow...more
The Commonwealth of Massachusetts is aiding student loan consumer protection efforts, and is ramping up the level of scrutiny applied to student loan servicers. Effective July 1st, it will join a growing list of states that...more
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
States around the country continue to consider and enact laws and regulations to regulate student loan servicers and provide protections to student loan borrowers. Several states and the District of Columbia currently have...more