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New York Passes Sweeping Legislation Affecting Student Loan Servicers – Servicers of federal student loans are automatically deemed as licensed under the. reporting agency to accurately report a borrower’s payment performance to at least one nationwide consumer.

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How One Mortgage Lender Shaved Weeks Off Average Closing Times – In April, the average mortgage loan closed in 41 days. But one lender? It did it in just 13. If it hadn't been for regulatory limitations, cofounder.