Two recent requests from lawmakers have provided student loan servicers and originators the opportunity to comment on hot-button issues for the industry:
The CFPB issued a Request for Information last week, seeking...more
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
As regulatory pressure on student loan servicing continues to increase, servicers are paying close attention to the steady stream of news and publications issuing from the CFPB and the Department of Education. The most recent...more
The Ninth Circuit Court of Appeals recently ruled that a 2009 amendment to the Truth in Lending Act (TILA) does not apply retroactively.
In a putative class action, Plaintiffs Mohammad and Rosa Talaie brought a claim...more