| Date: | 07/23/2021 |
|---|---|
| Organization: | Division of Banks |
| Regulatory Authority: | MGL c. 93 § 24A |
| Official Version: | Purchase the official version |
The purpose of 209 CMR 18.00 is to establish standards, by defining unfair or deceptive acts or practices, for the servicing of loans and collection of debts from persons within the Commonwealth of Massachusetts by debt collectors, third party loan servicers, and student loan servicers; to establish procedures and requirements for the licensing and supervision of debt collectors and student loan servicers; and for the registration and supervision of third party loan servicers.