Search for: "Direct Loans, Borrower Services"
Results 81 - 100
of 1,178
Sorted by Relevance
|
Sort by Date
4 Sep 2014, 2:53 pm
” The ED states that it has directed its servicers to check the names of borrowers against the DMDC and reduce the interest rate of eligible borrowers without a request from the borrower. [read post]
28 May 2018, 10:00 am
FFEL Loans, Direct Loans and Perkins Loans are eligible. [read post]
14 Mar 2019, 10:57 am
The CFPB’s Winter 2019 Supervisory Highlights discusses the Bureau’s examination findings in the areas of automobile loan servicing, deposits, mortgage loan servicing, and remittances. [read post]
14 Oct 2018, 10:00 am
On the other hand, if you have Direct Loans, you will have more options to choose from. [read post]
4 Oct 2022, 2:00 pm
Last week, the CFPB issued a “Student Loan Servicing Special Edition” of Supervisory Highlights. [read post]
14 Jul 2018, 10:00 am
Mistake #5: Not Combining Your Parent PLUS, FFEL, and Perkins loans Only Direct loans qualify for PSLF. [read post]
5 Jul 2022, 3:57 pm
If a student loan servicer receives a nonconforming payment, the servicer must:Notify the student loan borrower that the payment is nonconforming within 10 days after receiving the payment;Ask the student loan borrower how he would like the student loan servicer to apply to nonconforming payment to the borrower’s account.Prohibitions. [read post]
27 Sep 2017, 11:31 am
The borrower protection provisions include requirements related to online account records, the application of payments from borrowers and co-signers, training requirements for customer service representatives, and online and written notifications of borrower benefits. [read post]
12 Oct 2023, 6:33 am
Because parents can choose their loan servicer on the consolidation application, they will begin by filling out the forms and requesting the first group of loans be consolidated into one direct loan, and then choosing a servicer such as Nelnet. [read post]
21 Aug 2017, 12:28 pm
If you have FFEL loans, you cannot take advantage of the REPAYE or Public Service Loan Forgiveness (PSLF) programs. [read post]
19 May 2013, 9:01 pm
Rather, the court reasoned that mortgage servicing is a contractual agreement between the mortgage servicer and financial institution, with no direct contract between the borrower and the mortgage servicer. [read post]
21 Oct 2019, 8:50 pm
Your second option is to consolidate your loans into a Direct Consolidation Loan. [read post]
6 Jul 2020, 3:00 am
Many student loan borrowers complain about false reporting to the credit agencies. [read post]
19 Jun 2017, 1:49 pm
Instruct personnel to inform borrowers that direct post office and email address are unavailable and/or cannot be given out to “non-authorized personnel. [read post]
22 May 2009, 8:43 am
Many borrowers could do it all themselves, but some need help from a trustworthy agent who can direct the process. [read post]
23 Jan 2019, 8:37 am
Ford Federal Direct Loan Program, or issued under the Federal Family Education Loan Program and later purchased by the federal government). [read post]
3 Apr 2020, 7:00 am
Some non-qualifying loans may be consolidated into a Direct Consolidation Loan, which are eligible for forbearance. [read post]
24 May 2011, 6:58 am
So we were pleased to see a small step in that direction when the Treasury Department released new rules requiring loan servicers to offer a single point of contact for people applying for loan workouts through HAMP. [read post]
13 Apr 2022, 9:12 am
Borrowers can be proactive in light of this development: Those with privately held FFEL and Perkins loans could consider consolidating into the Direct Loan program to gain eligibility for the payment suspension and interest pause and other benefits afforded to direct loan borrowers, such as lower IDR payments under the revised Pay As You Earn (PAYE) plan. [read post]
8 Jan 2019, 7:07 am
The regulations include an independent requirement that servicers maintain certain documents or information concerning each loan serviced consisting of: (1) the application; (2) disclosure statements sent to the borrower; (3) the promissory note or loan agreement; (4) complete loan history; (5) qualified written requests; (6) borrower instructions on how to apply overpayments; (7) statements of account sent to the… [read post]
