New York Codes, Rules and Regulations
Title 8 - EDUCATION DEPARTMENT
Chapter XX - Higher Education Services Corporation
Subchapter D - The New York Higher Education Loan Program (nyhelps)
Part 2213 - The New York Higher Education Loan Program (nyhelps)
Section 2213.21 - Due diligence for program loan delinquency
Universal Citation: 8 NY Comp Codes Rules and Regs ยง 2213.21
Current through Register Vol. 46, No. 39, September 25, 2024
Holders, or entities servicing program loans, shall perform required due diligence activities against a borrower and cosigner as determined by the corporation and set forth in the program's default avoidance and claim manual, and with respect to program loans that are otherwise eligible for purchase by a public benefit corporation as approved by such public benefit corporation.
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