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The company has filed a request with a federal judge in Pennsylvania for a summary judgment in two counts against it, accusing the bureau of failing to provide evidence.
January 18 -
A CFPB report revealed that the fees charged to college students by Wells Fargo for financial products are three times higher than average. Sen. Warren wants to know why.
January 17 -
The online platform, created by Laurel Road Bank in 2013, allows users to refinance student loans and originate mortgages.
January 17 -
The online student lender said it is reallocating some jobs and "sunsetting" others.
January 16 -
Student loan debt — now at $1.5 trillion in the U.S. — is arguably the greatest pain point for consumers in their 20s and 30s. To court that demographic, banks are increasingly offering help with refinancing and repayment.
December 20 -
A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.
December 18 -
U.S. student loan debt outstanding reached a record $1.465 trillion last month and one particular set of borrowers is having a hard time paying back their loans.
December 17 -
Readers sound off on fintechs entering the student loan market, the FDIC’s brokered deposit rules and a heated debate over the new CFPB leader.
December 13 -
Blockchain backers concede the hype is turning off bankers; Mulvaney's CFPB name change could cost industry millions of dollars; the one banking bill Congress might actually pass next term; and more from this week's most-read stories.
December 7 -
Many banks remain wary of student loans given the government's dominance in the market, but some fintechs see untapped potential.
December 6