Sentences with phrase «other servicers»

The 2015 court ruling describes how Green Tree Lending required payments as a precondition to loan assistance, ignored modifications on loans received from other servicers, and harassed delinquent borrowers with excessive phone calls.

It services loans for the mortgage owners and also for other servicers.

If you have other loans with other servicers, they will also be notified electronically when you apply online.

Like other servicers, Great Lakes has flaws.

However, when other servicers may claim they did their due diligence after one or a few attempts, MOHELA does not give up.

Like many other servicers, many borrowers have problem with Navient.

Let's take a closer look into Cornerstone student loans and see how they stack up against other servicers and look closely into everything that Cornerstone has to offer for a student loan debtor in repayment.

Some of the most common plan administrators are names you might recognize — Fidelity, Vanguard, Schwab, and T. Rowe Price — however, there are loads of other servicers.

Unlike other servicers, who set you up with one rate and one set of repayment terms, Earnest understands that things may change over the course of five, ten, or twenty years.

All this borrower needed was to be put in forbearance before their payment due date — an action that is routine for other servicers.

Applying for loan assistance with one servicer has no effect on other loans you have with other servicers.

With federal loans, your loan servicer might switch to any other servicer authorized to handle federal loans.

The lawsuit points out a weakness in the student loan servicer relationship, nobody is apparently accountable for bad performance and poor information even though Great Lakes and other servicers are hired to perform administrative responsibilities.

Earlier payments made to other servicers will be evaluated to see if they are qualifying PSLF payments after those loans are transferred.

The Department is expected to create a centralized portal for all student loan servicing, and the winning bidder will have exclusive rights to service the loans, although the winning servicers will have the option to subcontract some of the work to other servicers.

It took ED as long as three years to extract and redistribute the student loan accounts in ACS's portfolio to other servicers.

A few problems resulted from switches from EdFinancial to other servicers.

However, while the responses to complaints are not visible on some sites, EdFinancial does seem more responsive to these public complaints than other servicers.

Since these servicers are not driven by profits, it would seem likely that they would be less prone to conduct questionable business practices that other servicers have been accused of.

After the Department of Education decided to transfer all Direct Loans serviced by ACS to other servicers, many went to CornerStone.

Many borrowers compare their experience to other servicers, who have no problem processing the same request in a timely manner.

Apparently Committee Tom Harkin, an Iowa Democrat, said the company and other servicers had turned down invitations to testify.

James Runcie, chief operating officer of the Education Department's federal student aid program, said the department decided to renew Sallie Mae's and other servicers» contracts in order to avoid the displacement of over 24 million student accounts.

However, because of the large number of complaints against them, the Department of Education transferred all direct loans to other servicers.

All other servicers will start issuing payments to customers this week and will be completed by July.

The banks reportedly are seeking legal protection with regard to loan origination, securitization, and servicing and fair - lending practices, as well as for claims tied to their use of the Mortgage Electronic Registration Systems (MERS), but federal and state officials countered with an offer to cover only robo - signing and other servicer - related practices.