December 5, 2013
Starting in March, the Consumer Financial Protection Bureau will begin providing regular supervision to student-loan servicers with more than one million customer accounts, regardless of whether the loans they service are federal or private.
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Business
After Years of Troubles, Largest Student-Loan Servicers Get Stepped-up Oversight
Sallie Mae and other large student-loan servicers—the companies that act as a go-between for borrowers and lenders—will soon be getting some regular oversight from the Consumer Financial Protection Bureau.
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