CHARLOTTE — The Department of Education said it will use so-called “secret shoppers” to help monitor the student loan repayment process. The department said its employees will go through the student ...
bundle groups of these mortgages together into financial vehicles called mortgage-backed securities (MBS) that are then sold to investors on a secondary market. This allows investors to gain exposure ...
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The Lending Suite combines Moody’s Analytics unique data, analytics, and ...
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After significant staff cuts, the Department of Education has stopped monitoring its loan servicers
The Department of Education stopped monitoring loan servicer performance after cutting almost half its staff last year. Even while they were being monitored, many loan servicers had failed to meet the ...
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