Sentences with phrase «loan system operates»

Not exact matches

As I have described above, it can be loaned into existence by banks operating on the fractional reserve system.

system or via Perkins (whereby the money originated from banks who backed the loans, changes made in 2010 made DOE the lender and holder of the notes, making the borrower a pawn of the Federal Government); in order for the borrower to get into REPAYE they must agree to a consolidation and convert those loans into a Direct Loan (William D. Ford Direct Loan Program - owned and operated by the DOE in Washington, DC).

We sent a letter last week to CFPB Assistant Director and Student Loan Ombudsman Rohit Chopra and Department of Education Chief Operating Officer James Runcie outlining our concerns about the new Direct Loan Consolidation application system.

«We made a contract with students to repay their loans, and that's how the banking system operates,» said Richard Hunt, president of the Washington - based Consumer Bankers Association.

Recommendation: To strengthen Education's oversight of the loan rehabilitation process, the Secretary of Education should direct the Office of Federal Student Aid's Chief Operating Officer to take steps to ensure that the final monitoring plan for the new defaulted loan information system contract identifies risks presented by the contractor or contract work and the oversight activities planned to address those risks.

Finally, CommonBond operates on a 1 - for - 1 system where they provide education for a child in the developing world for every student loan they give out.

Tags for this Online Resume: Call Center, Credit Card, Active Directory, Adobe Creative Suite, Adobe Acrobat, Apple MacIntosh Operating System, Documentation, Encryption, Help Desk, HR, Accounting, Customer Service, Technical Support, Loan Specialist, Windows OS, MS Office, Lotus Notes

States that don't have their own loan originator licensing and registration system can participate in the Nationwide Mortgage Licensing System, a registry operated jointly by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulsystem can participate in the Nationwide Mortgage Licensing System, a registry operated jointly by the Conference of State Bank Supervisors and the American Association of Residential Mortgage RegulSystem, a registry operated jointly by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators.

«We're just at the beginning of this,» says Brian Nuernberger, e-commerce marketing director for Denver - based FinancingSources.com, which operates an online loan application system called Cyberloan Network.

«The FHA is at risk from these loans, and the taxpayers are at risk too,» said James Bothwell, a consultant and former chief operating officer of the Federal Home Loan Bank system.