Search for: "Direct Loans, Borrower Services"
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25 Sep 2013, 7:15 am
Education funds should be used for direct consumer education. [read post]
28 Oct 2019, 3:37 pm
The final regulations provides that “servicing” does not include collecting, or attempting to collect, on “a Direct Loan or FFELP Loan for which no payment has been received for more than 270 days or more, a Perkins Loan in default, or on a private student loan in default according to the terms of the loan documents. [read post]
27 Apr 2017, 12:18 pm
Federal student loan borrowers reported not receiving sufficient information from servicers to meet recertification deadlines for income-driven repayment plans. [read post]
18 Aug 2015, 6:11 am
” The letter seeks information about income-driven repayment plans from companies that “hold or service a portfolio of privately-held legacy federally-guaranteed (commercial FFEL) loans or federal Direct Loans. [read post]
14 Oct 2015, 11:55 am
Federal student loan borrowers may have loans made directly by the Department of Education (Direct Loans) or loans made by a private lender. [read post]
16 May 2016, 10:00 am
Public Service Loan Forgiveness Has Major Benefits for Student Loan Borrowers As we have already stated, PSLF can be used with income-based repayment options. [read post]
9 Apr 2010, 7:12 am
All lenders and loan servicers will now be required to consider writing down principal when they consider how to modify the loan. [read post]
7 Jul 2010, 11:07 am
In April 2008, PaulFinancial assigned to Aurora Loan Services the right to service the loan. [read post]
26 Nov 2012, 8:48 am
Bank, Regions, and Wells Fargo, offer a short term loan "service" for checking account customers with direct deposit. [read post]
10 Apr 2017, 10:00 am
More than 550,000 people have signed up for PSLF, which allows borrowers with Direct loans (or FFEL loans consolidated into Direct loans) to receive student loan forgiveness after 10 years of payments. [read post]
20 Mar 2020, 11:18 am
All federal student loan servicers have been directed to grant an administrative forbearance to any borrower with a federally held loan who requests one. [read post]
17 May 2020, 2:15 pm
Borrowers who have commercially-held FFEL-program federal student loans and Perkins loans do not qualify unless they consolidate those loans via the federal Direct consolidation program. [read post]
15 Oct 2015, 3:25 pm
The CFPB found that FFELP borrowers use income-driven repayment plans at nearly one third of the rate of borrowers in the federal direct loan program. [read post]
16 Sep 2019, 8:52 am
A new federal standard for a “borrower defense” asserted with respect to Direct Loans and loans repaid by Direct Consolidated Loans is created. [read post]
10 Dec 2013, 4:00 am
The procedures now also direct an examiner to determine whether and how a servicer communicates with borrowers about possible alternative payment arrangements and expands the instructions to examiners dealing with a servicer’s handling of deferments, income-based repayment plans, forbearance and other benefits such as loan forgiveness programs to cover the federal Direct Loan program in addition to FFLEP loans. [read post]
9 Jul 2021, 7:45 am
This moratorium applies to homes financed through USDA Single-Family Housing Direct and Guaranteed loans, as well as single-family mortgages backed by Fannie Mae and Freddie Mac. [read post]
9 Jun 2010, 10:26 pm
” • If the borrower has been approved on a trial loan modification and files a Chapter 7 or Chapter 13, the servicer MAY NOT deny the borrower for a permanent modification only because of filing bankruptcy. [read post]
25 Aug 2014, 5:39 am
Library resources and services will be featured, including: The Reference Desk and Research Assistance in the Library Research Taught in Lawyering Lexis, Westlaw and Bloomberg Passwords Cool Stuff to Borrow at the Circulation Desk Borrow Direct and Interlibrary Loan Services After Hours Access A Rare Book Display And More! [read post]
19 May 2022, 10:32 am
The Order also directs SoLo to stop enforcing loans made to Connecticut residents and make restitution of any amounts it obtained in connection with such loans together with interest. [read post]
14 May 2015, 4:51 pm
Plato once said, “The direction in which education starts a man will determine his future life. [read post]
