Federal student loans serviced by FedLoan (PHEAA) are being transferred in stages to several other services. The transfers started last fall but the process is still ongoing. The transfers do not ...

A mortgage lender is a bank that lends money to the borrower while the mortgage servicer processes the payments and sends out ...

Explore loan servicing, covering its definition, administrative process, and a practical example to understand how payments, taxes, and records are managed.

Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. Most borrowers use the term ...

The U.S. Department of Education recently said that it will soon transfer some student loan borrowers to different servicers. Here's what you need to know. If your current federal student loan ...

On February 2, the U.S. Court of Appeals for the 8th Circuit affirmed a district court’s summary judgment order in favor of a mortgage servicer in a dispute under the FCRA. The plaintiffs sued their ...

The Supreme Court is expected to rule on President Biden’s student debt relief plan as soon as Thursday, and one loan servicer in particular has been thrown into the center of the debate. The Missouri ...

As student loan repayment requirements resume this month, some borrowers are experiencing customer service issues with their loan servicers. The resulting chaos has prompted 19 state attorneys general ...

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government and many lenders. Check out our Student Loan Hero Coronavirus ...

Interest resumes building on federal student loans beginning in September after more than three years at 0% during the pandemic-related payment pause. But for many college borrowers, restarting ...

A new approval requirement is coming for companies licensed as Mortgage Lenders in Connecticut and engaging in mortgage servicing activities. Effective October 1, 2025, Connecticut Mortgage Lender ...

Buckle up — millions of borrowers who are on track for a key student loan forgiveness program for public service workers are about to be transferred to a new student loan servicer. Here’s what you ...