PIMCO Says It Needs To Assess CFPB's Loan Service Deal
PIMCO Says It Needs To Assess CFPB's Loan Service Deal <https://www.law360.com/compliance/articles/1841098?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-05-28&read_main=1&nlsidx=0&nlaidx=7> By Sydney Price Investment management giant PIMCO told a Pennsylvania federal judge on Friday that it needs more time to study a proposed $5 million settlement between the Consumer Financial Protection Bureau, a Pennsylvania student loan servicer and multiple student loan trusts, saying its funds are invested in the trusts and may need to consent to the deal. Motion attached | Read full article » <https://www.law360.com/compliance/articles/1841098?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-05-28&read_more=1&nlsidx=0&nlaidx=7> | Save to favorites » <https://www.law360.com/compliance/articles/1841098?nl_pk=ab5ce197-c1fb-4d8e-a411-413bce38e654&utm_source=newsletter&utm_medium=email&utm_campaign=compliance&utm_content=2024-05-28&read_later=1&nlsidx=0&nlaidx=7>
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Gunnar Larson