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Vermont Sets Declared Rate for 2023

The Declared Rate for determining high-interest/high-point home loans in Vermont will be four percent in 2023. Vermont law requires lenders to provide high rate disclosures on any loan with an interest rate that exceeds the...more

The New York Department of Financial Services Requests Information Regarding Private Student Loan Refinancing

On December 22, 2021, New York State Senate Bill 2767A was signed into law. The Bill establishes the Private Student Loan Refinancing Task Force (the “Task Force”), which was charged with “study[ing] and analyz[ing] ways...more

11/28/2022  /  Borrowers , Lenders , NYDFS , Refinancing , Student Loans

Illinois provides guides and templates for Know Before You Owe Private Education Loan Act reporting requirements

Private education lenders doing business in Illinois now have access to official informational guides and templates for meeting the November 1, 2022, reporting requirements under the state’s new Know Before You Owe Private...more

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