NAR Letter to Senators King and Burr Supporting S 85 - The Repay Act of 2015.pdf

Issue Date: May 25, 2016


US S 0085 - The Repay Act of 2015

On May 25, 2016 NAR sent a letter to Senators King and Burr. The letter thanks the Senators for introducing S. 85, “The Repay Act of 2015” and expresses NAR’s support for the legislation, which would streamline many of the current mazes of repayment programs, enabling prospective borrowers to have the choice of either an income-based repayment plan or a 10-year fixed repayment option.