Virginia and Massachusetts Add Student Loan Servicer Licenses to NMLS
By EsqSocial Corporation 17/06/21
Virginia and Massachusetts recently added student loan servicer-related licenses to the Nationwide Multistate Licensing System (NMLS). In 2020, Virginia enacted a law that, among other things, requires qualified education loan servicers to be licensed on and after July 1, 2021. In Virginia, a “qualified education loan servicer” means any person who services a student loan to a qualified education loan borrower, including a loan made to refinance a qualified education loan......
By: Weiner Brodsky Kider PC