CFPB Selects Student Loan Servicer Exec to Oversee Student Loan Market
WASHINGTON, D.C. – Today, Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger announced the appointment of Robert G. Cameron to serve as the Bureau’s private education loan ombudsman. Cameron most recently worked as a high-ranking official at the Pennsylvania Higher Education Assistance Agency (PHEAA), a student loan servicer that has been cited for mishandling payments and forgiveness programs for public service workers. The Center for Responsible Lending (CRL) Executive Vice President Debbie Goldstein released the following statement: What we’ve seen today is more of the