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On March 6, 2023, the California Department of Financial Protection and Innovation (DFPI) issued a notice of second modifications to proposed regulations under the Student Loan.
California Department of Financial Protection and Innovation DFPI issued Notice of Modification to Proposed Regulations to amend student loan servicing regulations, expand income share agreement definition, impose more rules for responding borrower request, and more.
On August 30, the Commissioner of the California DFPI issued a notice of rulemaking proposing new regulations and amendments to current regulations implementing the state’s student loan.