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Student Loan Borrowers May Get $3 Million In Compensation For Servicing Failures

Student Loan Borrowers May Get $3 Million In Compensation For Servicing Failures
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United statesWinston berkman breenRohit chopraAmerican education servicesPennsylvania higher education assistance agencyNational collegiate student loanNational collegiatePublic service loan forgivenessStudent borrower protection centerConsumer financial protection bureauNational collegiate student loan trustsCollegiate trustsAmerican educationNational collegiate trustsPresident bidenServicemember civil relief act

CFPB Alleges Organizations Ignored Student Loan Borrowers Payment Relief Requests

CFPB Alleges Organizations Ignored Student Loan Borrowers Payment Relief Requests
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National collegiate studentConsumer financial protection bureauPennsylvania higher education assistance agencyNational collegiate student loanNational collegiate student loan trusts

CFPB: Organizations Ignored Student Borrowers Relief Requests

The CFPB has filed a complaint against the National Collegiate Student Loan Trusts and Pennsylvania Higher Education Assistance Agency.

Consumer financial protection bureauNational collegiate student loanPennsylvania higher education assistance agencyFinancial protection bureauNational collegiate student loan trustsServicemember civil relief act

State AG Updates: March 21-27, 2024 - Dodd-Frank, Consumer Protection Act

Each week, Crowell & Moring's State Attorneys General team highlights significant actions that State AGs have taken. Here are this week's updates.

United statesMayer brownLittler mendelsonNational collegiate student loanGreenberg traurigCrowell moringConsumer financial protection bureauUs copyright officeConsumer protectionUnfair competition lawConsumers legal remedies actThird circuitNational collegiate student loan trust

Third Circuit Holds Securitization Trusts Can Be Subject To CFPB Enforcement Authority - Dodd-Frank, Consumer Protection Act

In a long-awaited decision, the Third Circuit handed the Consumer Financial Protection Bureau ("CFPB" or "Bureau") a victory in the National Collegiate Student Loan Trust litigation that could have wide-reaching implications for market participants in the consumer financial services industry.

United statesHousing finance agencyConsumer financial protection bureauSupreme courtNational collegiate student loanEnforcement authorityStudent loanThird circuitNational collegiateStudent loan trustNational collegiate student loan trustDodd frank actFederal housing finance agencyVarious trustTrusts areStudent loans