October 17, 2013
Private Student Lenders Are Urged to Take a Page From Mortgage Industry
Private student lenders should consider servicing loans in a way that's similar to how mortgage and credit-card companies must operate in the wake of the recent financial crisis, the Consumer Financial Protection Bureau said on Wednesday.
The recommendation came in the second annual report from the bureau's student-loan ombudsman. In gathering about 3,800 complaints from
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