Johnson & Bell Shareholder, Mark D. Belongia, discussed Regulation Z provisions that impact private colleges and universities in originating private student loans. The Department of Education and Federal Reserve Board oversee Regulation Z provision this area and if the forms are not correctly prepared and used by the schools, the schools can be exposed to fines, potential lawsuits and other negative outcomes. Mr. Belongia’s presentation addresses the regulations and the steps student loan departments need to take to comply with the myriad of federal state laws and regulations. The presentation is available through Lorman Education Services. Please access the presentation by clicking here.
Mr. Belongia is a business litigator with a special focus on advising and defending banks and thrift organizations in regulatory, litigation and transactional matters. Mark works with banks of all sizes, ranging from major institutions headquartered in the nation's money centers to regional and small community financial institutions. He also handles the general business and transactional needs of closely held and privately held companies. For more than 20 years, he has worked with his clients, addressing their day-to-day corporate issues, as well as acquisitions, divestitures, employment issues and business finance needs. He also works with his clients on succession planning issues.