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SCR News Feed

Student Debt in Spotlight with Consumer Financial Protection Bureau Report

2017-01-12T11:44:55-05:00August 19th, 2016|NAR|

The Consumer Financial Protection Bureau just released a fresh report showing that student loan servicers are falling short in their efforts to help borrowers pay down loans.  According to the CFPB, most borrowers with federal student loans have been entitled to fix their monthly student loan payments to their income and family size, bolstering their… Continue Reading Student Debt in Spotlight with Consumer Financial Protection Bureau Report

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TRID: The Cost of a Better Experience

2017-01-12T11:44:56-05:00August 18th, 2016|NAR|

The implementation of the new Know Before You Owe or TRID rules were market my initial delays that have given way to relative calm. However, half of lenders surveyed in the 2nd quarter Survey of Mortgage Originators indicated that they increased fees to consumers to cover TRID related costs. Weighted by production volume those costs… Continue Reading TRID: The Cost of a Better Experience

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