Joint Statement of Principles on Student Loan Servicing

The Four Cornerstones: Regulatory Focus Sharpens on Student Loan Servicing IndustryWe have previously written about recent regulatory focus on the student loan servicing industry. In particular, we discussed the issuance of a 151-page report issued by the Consumer Financial Protection Bureau (CFPB) titled “Student Loan Servicing: Analysis of Public Input and Recommendations for Reform,” as well as the “Joint Statement of Principles on