The settlement resolves claims made by the Department of Justice accusing the bank of engaging in lending discrimination by allegedly disproportionately discouraging or denying student loan ...

Adam Minsky is an attorney and writer focusing on student loans. WASHINGTON ... pending the effectuation of settlement relief,” said the Project in a letter to MOHELA sent on Wednesday.

DOJ and a community bank entered into a consent order to resolve allegations of discriminatory lending practices under the ECOA.

(Photo by Demetrius Freeman/The Washington Post via Getty Images) A landmark settlement agreement that would provide $6 billion in student loan forgiveness and other relief to nearly 200,000 ...

The key difference between the old and the revised rules is around the approval processes for the settlement of loans. A central bank decision to ease the bad loan settlement process loans of up ...