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Will Maine begin to regulate passive, secondary market investors in student loan debt?

July 17, 2019 By Lisa Lanham

A&B Abstract:  Maine’s New Student Loan Bill of Rights requires the licensing of any person acting as “directly or indirectly” as a student loan servicer.  What might that mean for passive, secondary market investors in student loan debt? Background On June 20, 2019, Maine Governor Janet Mills signed into law LD 995, Maine’s “Student Loan […]

Filed Under: Licensing, State Law, Student Loans Tagged With: Maine, passive investors, student loan servicing

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