S 2490
115th Congress
Senate
Finance and Financial Sector
TRID Improvement Act of 2018
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Mar 5, 2018
Introduced in Senate
Plain-English summary
TRID Improvement Act of 2018
This bill amends the Real Estate Settlement Procedures of 1974 to modify disclosure requirements applicable to mortgage loan transactions. Specifically, the disclosed charges for any title insurance premium shall be equal to the amount charged for each individual title insurance policy, subject to any discounts as required by either state regulation or the title company rate filings.
What's happening now
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
1