The Federal Perkins
Loan Extension Act of 2017, which would extend the Federal Perkins Loan Program for two years, picked up its 52nd cosponsor last week on June 15.
Congresswoman Elise Stefanik, seen here visiting Fort Drum Exchange, introduced the Federal Perkins
Loan Extension Act of 2017.
Not exact matches
The
extension doesn't affect other SBA Recovery
Act programs, including the America's Recovery Capital
Loan Program, which offers up to $ 35,000 in short - term relief to help small businesses ride out the recession.
Stefanik also cosponsored the Higher Education
Extension Act of 2015, which extended the Perkins
Loan program through Fiscal Year 2016.
(B) «Credit repair services organization» does not include: (i) Any person authorized to make
loans or
extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States; (ii) Any bank or savings and
loan institution whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Savings Association Insurance Fund of the Federal Deposit Insurance Corporation; (iii) Any nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986; (iv) Any person licensed as a real estate broker by this state if the person is
acting within the course and scope of that license; (v) Any person licensed to practice law in this state if the person renders services within the course and scope of his or her practice as an attorney; (vi) Any broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission if the broker - dealer is
acting within the course and scope of those regulatory agencies; or (vii) Any consumer reporting agency as defined in the federal Fair Credit Reporting
Act (15 U.S.C. 1681 - 1681t).
Senator Baldwin had a part in In the Red
Act that attempted to provision federal student
loan refinancing, the
extension and expansion of the Pell Grant Program, and a renewed investment in the community college system.
(1) any person authorized to make
loans or
extensions of credit under the laws of this state or the United States, if the person is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in any mortgage insurance program under the National Housing
Act, United States Code, title 12, section 1701 et seq.;
(1) The following shall be exempt from the Credit Services Organization
Act: (a) A person authorized to make
loans or
extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing
Act, 12 U.S.C. 1701 et seq.; (b) A bank or savings and
loan association whose deposit or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or a subsidiary of such a bank or savings and
loan association; (c) A credit union doing business in this state; (d) A nonprofit organization exempt from taxation under section 501 (c)(3) of the Internal Revenue Code; (e) A person licensed as a real estate broker or salesperson under the Nebraska Real Estate License
Act acting within the course and scope of that license; (f) A person licensed to practice law in this state
acting within the course and scope of the person's practice as an attorney; (g) A broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission
acting within the course and scope of that regulation; (h) A consumer reporting agency; (i) A person whose primary business is making
loans secured by liens on real property; (j) A person, firm, corporation, or association licensed as a collection agency in this state or a person holding a solicitor's certificate in this state
acting within the course and scope of that license or certificate; and (k) A person licensed to engage in the business of debt management pursuant to sections 69 - 1201 to 69 - 1217.
Earlier last week, The Student
Loan Report covered Senator Tammy Baldwin's (D - WI) introduction of bill S. 1808, otherwise known as the «Federal Perkins
Loan Program
Extension Act of 2017.»
Any person authorized to make
loans or
extensions of credit under the laws of this state or the United States who is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in any mortgage insurance program under the National Housing
Act;
«Credit Services Organization» does not include any of the following: (i) a person authorized to make
loans or
extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing
Act (12 U.S.C. Section 1701 et seq.);
«Credit Services Organization» does not include any of the following: (i) a person authorized to make
loans or
extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing
Act (12 U.S.C. Section 1701 et seq.); (ii) a bank or savings and
loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1
loan association whose deposits or accounts are eligible for insurance by the Federal Deposit Insurance Corporation or the Federal Savings and
Loan Insurance Corporation, or a subsidiary of such a bank or savings and loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1
Loan Insurance Corporation, or a subsidiary of such a bank or savings and
loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is acting within the course and scope of that license; (vi) a person licensed to practice law in this State acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1
loan association; (iii) a credit union doing business in this State; (iv) a nonprofit organization exempt from taxation under Section 501 (c)(3) of the Internal Revenue Code of 1986, [FN1] provided that such organization does not charge or receive any money or other valuable consideration prior to or upon the execution of a contract or other agreement between the buyer and the nonprofit organization; (v) a person licensed as a real estate broker by this state if the person is
acting within the course and scope of that license; (vi) a person licensed to practice law in this State
acting within the course and scope of the person's practice as an attorney; (vii) a broker - dealer registered with the Securities and Exchange Commission or the Commodity Futures Trading Commission
acting within the course and scope of that regulation; (viii) a consumer reporting agency; and (ix) a residential mortgage
loan broker or banker who is duly licensed under the Illinois Residential Mortgage License Act of 1
loan broker or banker who is duly licensed under the Illinois Residential Mortgage License
Act of 1987.
On September 14th, U.S. Senator Tammy Baldwin (D - WI) presented S. 1808, known as the «Federal Perkins
Loan Program
Extension Act of 2017,» to the 115th U.S. Congress.
(1) A person authorized to make
loans or
extensions of credit under the laws of this State or the United States who is subject to regulation and supervision by this State or the United States, or a lender approved by the United States Secretary of Housing and Urban Development for participation in a mortgage insurance program under the National Housing
Act (12 U.S.C. § 1701 et seq.);
(i) Any person or entity authorized to make
loans or
extensions of credit under the laws of this state or the United States, which person or entity is subject to regulation and supervision by this state or the United States or a lender approved by the United States Secretary of Housing and Urban Development for participation in any mortgage insurance program under the National Housing
Act;
A Transportation Infrastructure Finance Innovation
Act loan of $ 292 million, in combination with previously issued and authorized general airport bond revenues would make available the funds to finance an $ 884 million multi-modal development project that would consolidate rental car functions as well as public parking into a multi-level structure and provide for an
extension of the Airport Transit System (ATS) at O'Hare.
A trade association representing the timeshare industry commented regarding the Bureau's proposed expansion of the scope of certain disclosure requirements added to TILA by title XIV of the Dodd - Frank
Act for «residential mortgage
loans» (which, as noted above, is defined in section 1401 of the Dodd - Frank
Act to exclude an
extension of credit secured by a consumer's interest in a timeshare plan) to apply to transactions secured by a consumer's interest in a timeshare plan.