California, Illinois, and you can Arizona has for every drawn significant steps in implementing the established guidelines whenever you are guidelines might have been lead for the Virginia and you can The fresh Mexico to manage education loan servicers the very first time.
California. California’s Service regarding Organization Supervision provides blogged its education loan repair yearly statement resume cover letter and you can student loan servicing yearly declaration means. The brand new resume cover letter provides recommendations for how licensees are to file the required annual declaration for the Commissioner by March fifteenth. New yearly statement means demands detailed profile and you may borrower information as the off December 31st, in addition to aggregate problem information with the calendar year. This type of advancements come with the brand new DBO’s publication of one’s 3rd updates in order to its advised rules within the Student loan Servicing Work. This new revisions become publication out of NMLS models, wanted one to licensees hire brand new Administrator of one’s DBO as an broker to own solution out-of procedure, explain the formula to possess evaluating the desired yearly payment, making individuals clerical updates. (เพิ่มเติม…)
