CFPB Finds Qualified Students Were Blocked from Affordable Loan Repayment Plans; Updates Student Loan Servicing Exam Procedures
Washington, D.C. –(ENEWSPF)–October 31, 2016. The Consumer Financial Protection Bureau (CFPB) today announced in its Supervisory Highlights report that recent supervisory actions returned more than $11 million to more than 225,000 harmed consumers. The CFPB also uncovered student loan servicer violations, such as failing to enroll qualified borrowers in affordable federal loan repayment plans, and is…
