A group of 17 state Attorneys General have written a letter to Congress endorsing a plan that would cancel $50,000 of student loan debt for all federal student loan borrowers. The letter, written by the AGs of Massachusetts, New York, Connecticut, Delaware, the District of Columbia, Hawaii, Illinois, Maryland, Minnesota, …
Read More »States Sue Bank Regulator to Overturn ‘True Lender’ Rule
A group of eight state attorneys general filed suit yesterday in federal court in New York to block a rule that was issued by the Office of the Comptroller of the Currency that aimed to close a gap in the process of banks selling loans to third parties, such as …
Read More »Judge Grants Summary Judgment For Defense in TCPA ATDS Case
A student loan servicer has won summary judgment after it was accused of violating the Telephone Consumer Protection Act by using an automated telephone dialing system to contact the plaintiff. A copy of the ruling in Collins v. National Student Loan Program can be accessed by clicking here. During the …
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