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Student Loan Borrowers May Get Millions After Servicers Accused of Failure

Student Loan Borrowers May Get Millions After Servicers Accused of Failure
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Pennsylvania , United-states , Rohit-chopra , Pennsylvania-higher-education-assistance-agency , National-collegiate-student-loan-trust , National-collegiate-student-loan , Consumer-financial-protection-bureau , Education-data-initiative , Wilmington-trust-company , Consumer-financial-protection-act , Consolidate-student , Consumer-financial-protection

Student loan borrowers may get millions after servicers accused of failure

Student loan borrowers may get millions after servicers accused of failure
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Pennsylvania-higher-education-assistance-agency , National-collegiate-student-loan-trust , Consumer-financial-protection-bureau ,

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.

Utah , United-states , California , Kentucky , Mayer-brown , Littler-mendelson , National-collegiate-student-loan , Greenberg-traurig , Crowell-moring , Consumer-financial-protection-bureau , Us-copyright-office , Consumer-protection

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.

Delaware , United-states , Housing-finance-agency , Consumer-financial-protection-bureau , Supreme-court , National-collegiate-student-loan , Enforcement-authority , Student-loan , Third-circuit , National-collegiate , Student-loan-trust

Third Circuit Holds Securitization Trusts Can Be Subject to CFPB Enforcement Authority | Mayer Brown

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...

Delaware , United-states , Mayer-brown , National-collegiate-student-loan , Housing-finance-agency , Consumer-financial-protection-bureau , Supreme-court , Natl-collegiate-master-student-loan , Third-circuit , National-collegiate-student-loan-trust , Dodd-frank-act , Federal-housing-finance-agency

Nashville lawyer who beat student loans by suing shell company posts how he did it online

Lawyer Brian Manookian shared steps for suing student loan lenders Friday hours after the US Supreme Court struck down President Biden’s plan to forgive student debt.

Nashville , Tennessee , United-states , Vanderbilt-university , Delaware , American , Americans , Brian-manookian , Us-supreme-court , Twitter , Jp-morgan , Bank-one

Marquette law alum and elected official sued multiple times for failure to pay student loan debt

Marquette law alum and elected official sued multiple times for failure to pay student loan debt
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University-of-wisconsin , Wisconsin , United-states , Marquette-university , Green-bay , Oconto-county , Eric-wimberger , Sarah-orr , Peter-cameron , Wisconsin-state-legislature , University-of-wisconsin-law-school , National-collegiate-student-loan

Opinion: The larger risk from a barely noticed CFPB lawsuit

If the CFPB’s suit is successful, the entire edifice of securitization is at risk, and this is not just about student loans.

United-states , American , Sarah-wheeler , Freddie-mac , Gses-fannie-mae , Consumer-financial-protection-bureau , National-collegiate-student-loan-trust , Consumer-financial-protection-act , Fannie-mae , Structured-finance ,

Court ruling on NCSLTs could hurt American U.S. consumer ABS, other resale financial products

At issue are CFPB claims that the National Collegiate Student Loan Trust (NCSLTs) had engaged in deceptive student loan debt collection and unfair litigation practices.

Delaware , United-states , Stephanos-bibas , Kristi-leo , Pasquale-giordano , Steven-kaplan , Mayer-brown , Consumer-financial-protection-bureau , Fitch-ratings , National-collegiate-student-loan-trust-ncslts , National-collegiate-student-loan-trust , Consumer-finance-protection-act

Harris County Civil Court: Actions Taken on Dec. 17

The Harris County Civil Court reported the following activity on Dec. 17 in the suits below:

Green-mountain , Texas , United-states , Houston , Dallas , Red-bluff , America , American , Christopher-lindsey , Samuel-martinez , Jose-alveldano , Valentinf-garcia