Student Loan Ombudsman definition

Student Loan Ombudsman means an individual,
Student Loan Ombudsman means an individual, whether a paid employee or a volunteer, whom the Commissioner designates to serve as a liaison between student loan borrowers and student loan servicers.
Student Loan Ombudsman means an individual, whether a paid

Examples of Student Loan Ombudsman in a sentence

  • Any additional resources, in- cluding nonprofit organizations, advo- cates and counselors, including the De- partment of Education’s Student Loan Ombudsman, the lender is aware of where the borrower may obtain addi- tional advice and assistance on loan re- payment.

  • The Chief Operating Officer, in consultation with the Secretary, shall appoint a Student Loan Ombudsman to provide timely assistance to borrowers of loans made, insured, or guar- anteed under subchapter IV of this chapter and part C of subchapter I of chapter 34 of title42 by performing the functions described in paragraph (3).

  • Any additional resources, including nonprofit organizations, advocates and counselors, including the Department of Education’s Student Loan Ombudsman, the lender is aware of where the borrower may obtain additional advice and assistance on loan repayment.

  • Creates the position of Student Loan Ombudsman within the Office of the Attorney General to provide timely assistance to student loan borrowers and provides responsibilities for the Student Loan Ombudsman.

  • Please use the following information to contact the FSA Student Loan Ombudsman Group.

  • APPOINTMENT.—The Chief Operating Officer, in con- sultation with the Secretary, shall appoint a Student Loan Ombudsman to provide timely assistance to borrowers of loans made, insured, or guaranteed under title IV by performing the functions described in paragraph (3).

  • FSA Student Loan Ombudsman OfficeThe FSA Ombudsman Office is available to you if you have concerns about your student loan.

  • The Student Loan Ombudsman will review and attempt to informally resolve the dispute.

  • The Student Loan Ombudsman will review and attempt to informally resolve your dispute and may be reached at 1-877-557-2575.

  • Consumer Financial Protection Bureau, Annual Report of the CFPB Student Loan Ombudsman 7 (October 12, 2012), available at http://files.consumerfinance.gov/f/201210_cfpb_Student-Loan- Ombudsman-Annual-Report.pdf.and lenders/investors might have been better served if the borrowers received loan modifications and continued to pay what they could, rather than going into default and ceasing payment altogether.


More Definitions of Student Loan Ombudsman

Student Loan Ombudsman means an individual, whether a paid employee or a volunteer, whom the Commissioner
Student Loan Ombudsman means the person appointed under Section 19 of this
Student Loan Ombudsman means the person appointed under Section 19 of this Act; and
Student Loan Ombudsman means the department employee

Related to Student Loan Ombudsman

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Student Loans means education loans to students and parents of students under the Federal Family Education Loan Program.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Student means a person, other than a person in receipt of a training allowance, who is attending or undertaking—

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • Purchased Student Loan means a Financed Student Loan purchased as of the close of business on the last day of a Monthly Collection Period or Collection Period, as applicable, by the Servicer pursuant to Section 3.05 of the Servicing Agreement or repurchased by the Seller pursuant to Section 3.02 of the Loan Sale Agreement.

  • Registered mortgage loan originator means any individual who:

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

  • Countrywide Servicing Countrywide Home Loans Servicing LP, a Texas limited partnership and its successors and assigns.

  • Mortgage Loan Sale Agreement The mortgage loan sale and assignment agreement dated as of November 1, 2003, for the sale of the Mortgage Loans by the Seller to the Depositor.

  • Ginnie Mae is hereby added to Article I to immediately follxx xxx xxxinition of "Freddie Mac":

  • Eligible Loan means a Loan offered for sale or substituted by Seller under a Sale Agreement which as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the related Subsequent Cutoff Date, in the case of any Additional Loan or Substituted Loan, is current or not more past due than permitted under such Sale Agreement in payment of principal or interest and which meets the following criteria as of the Statistical Cutoff Date, in the case of the Initial Loans, or as of the effective date of the related Xxxx of Sale, in the case of any Additional Loan or Substituted Loan:

  • Liquidated Student Loan means any defaulted Trust Student Loan liquidated by the Servicer (which shall not include any Trust Student Loan on which Guarantee Payments are received) or which the Servicer has, after using all reasonable efforts to realize upon such Trust Student Loan, determined to charge off.

  • Trust Student Loan means any student loan that is listed on the Schedule of Trust Student Loans on the Closing Date, plus any Additional Loan, plus any Substituted Loan that is permissibly substituted for a Trust Student Loan by the Depositor pursuant to Section 6(B) of the Sale Agreement or pursuant to Section 6(B) of an Additional Sale Agreement, or by the Servicer pursuant to Section 3.5 of the Servicing Agreement, but shall not include any Purchased Loan following receipt by or on behalf of the Trust of the Purchase Amount with respect thereto or any Liquidated Student Loan following receipt by or on behalf of the Trust of Liquidation Proceeds with respect thereto or following such Liquidated Student Loan having otherwise been written off by the Servicer.

  • Wet-Ink Mortgage Loan means a Mortgage Loan which any Seller is selling to Buyer simultaneously with the origination thereof and for which the Mortgage Loan Documents have not been delivered to the Custodian.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Mortgage Loan File As defined in Section 2.1(b) and any additional documents required to be added to the Mortgage Loan File pursuant to this Agreement.

  • Mortgage Loan Borrower shall have the meaning assigned to such term in the recitals.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Eligible Mortgage Loan means, on any date of determination, a Mortgage Loan: