How long will it take for a lender to take over an account
Date: Tue, 12/22/2020 - 08:10
If your FFEL lender is unable
If your FFEL lender is unable to sell the loan after rehabilitation, as per the current policy, you are required to keep making payments until a buyer is found.
But this should not be for a long period.
If your lender cannot find a buyer ultimately, it is supposed to assign the rehabilitated loan to the Department.