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Memorandum of Understanding › Consumer Financial Protection Bureau (CFPB) › Borrowers

Ballard Spahr LLP

CFPB and Dept. of Education enter into new MOU on handling complaints; Director Kraninger tells lawmakers negotiations are...

Ballard Spahr LLP on

Last Monday, the CFPB announced that it had entered into a new Memorandum of Understanding with the Department of Education to replace the MOU that was terminated by the ED effective October 1, 2017.  The new MOU, which is...more

Bradley Arant Boult Cummings LLP

Student Loans: Departments of Treasury and Education Move to Simplify Income Driven Repayment Plans

Bradley Arant Boult Cummings LLP on

Much of the regulatory focus for student lending has been directed toward Income Driven Repayment (IDR) plans in recent months. The first student loan related move in 2017 by the Departments of Education and Treasury is no...more

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