Federal Loan Systems Modernization Act of 2026 aims to create a centralized loan platform, "Lending.gov," to modernize federal loan management.
The Federal Loan Systems Modernization Act of 2026 seeks to establish a centralized loan platform, "Lending.gov," to streamline federal loan management systems. The act mandates the creation of this platform using modern, commercially available loan management technology. It aims to reduce costs, prevent fraud, increase the speed of loan origination, and improve transparency and customer experience.
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