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Monthly Archives: January 2016

CFPB Supervisory Highlights Report – Fall 2015

There is a lot of information on consumer financial issues in this report. Pages 21 – 28 have a report on Student Loans. Click here to download the report. [Excerpt] 1.Introduction The CFPB is committed to a consumer financial marketplace that is fair, transparent, and competitive, and that works for all consumers. The supervision of […]

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Comment – Student Loan Guarantor Petitions Supreme Court

Comment – Student Loan Guarantor Petitions Supreme Court by: Constance d’Angelis, Esq. Query: Should a Student Loan guarantor be allowed to charge collection costs of approximately 25% where a first-time defaulted borrower agrees to a rehabilitation contract and makes required payments? United Student Aid Funds, Inc. (“USA Funds or Funds”) did just that and believes […]

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Student Loan Guarantor Takes Agency Dispute to SCOTUS

From: The National Law Journal “The country’s largest student loan guarantor has asked the U.S. Supreme Court to consider a case that began as a seemingly routine debt dispute but now grapples with a question at the heart of administrative law: How much deference should judges give to agencies’ interpretations of federal regulations? “In a […]

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