Colorado Enacts Student Loan Servicer Licensing Law and Maryland Expands Regulation of Servicers | Consumer Finance Monitor

Colorado Enacts Student Loan Servicer Licensing Law and Maryland Expands Regulation of Servicers | Consumer Finance Monitor

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Maryland SB 1068, titled the Financial Consumer. a licensing or registration requirement could be forthcoming. However, under the law as enacted, new obligations for student loan servicers are.

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so the recent guidance from the Vermont Department of Financial Regulation (“Department”) is welcome news. On September 13, 2018, the Department issued an Order exempting loan solicitation companies.

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Colorado and Maryland. of Student Loan Ombudsman, but the “Financial Consumer Protection Act of 2018” fell short of establishing a licensing requirement for servicers. HB 594 likewise does not.

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