The CFPB reviewed federal student loan servicing practices since required repayments have resumed.
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The CFPB warned student loan servicers against attempting to collect on private student loans that had been discharged in bankruptcy.
The DOL Employee Benefits Security Administration reopened the comment period for proposed amendments to a prohibited transaction exemption that would clarify the circumstances under which relief may be provided for misconduct that is self-corrected under the DOL's Voluntary Fiduciary Correction Program.
The CFPB highlighted findings from supervisory examinations completed between January 2022 and June 2022.
The DOL Employee Benefits Security Administration proposed amendments to a Prohibited Transaction Exemption to clarify the circumstances under which relief may be provided for misconduct self-corrected under the DOL's Voluntary Fiduciary Correction Program.