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Student Loans › Licensing Rules › Consumer Financial Protection Bureau (CFPB)

Mayer Brown

What to Expect in Licensing in 2025

Mayer Brown on

With the currently revolving door of directors at the federal Consumer Financial Protection Bureau (CFPB)—which may soon be on its fourth director in 2025 alone—and an order issued by Acting CFPB Director Russell Vought to...more

Shipkevich PLLC

California DFPI Proposes Regulation to Implement Registration Requirements for Entities Covered Under California Consumer...

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The California Consumer Financial Protection Law (“CCFPL”), established in September of 2020 under Governor Newsom, augmented the Department of Financial Protection & Innovation’s (“DFPI”) authoritative ability by increasing...more

Ballard Spahr LLP

D.C. accepting student loan servicer license applications; CT adopts student loan servicing standards

Ballard Spahr LLP on

D.C. License Applications. The District of Columbia Department of Insurance, Securities and Banking recently started to accept applications and transition fillings for a Student Loan Servicer License on the National Mortgage...more

Ballard Spahr LLP

California Enacts New Licensing Requirements for Student Loan Servicers

Ballard Spahr LLP on

Student loan servicers located in California servicing loans made to residents of any state and those located elsewhere servicing loans made to California residents will be subject to a new licensing requirement created by...more

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