HR 3978 · 115th Congress · Finance and Financial Sector

TRID Improvement Act of 2017

Introduced 2017-10-05· Sponsored by Rep. Hill, J. French [R-AR-2]· House

Bill Progress

1
Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2018-02-15)

Recorded Votes

PassedHouse · 2018-02-14
Roll #77
Yea 271Nay 145
Democrats
43 Yea·144 Nay
Republicans
228 Yea·1 Nay
PassedHouse · 2018-02-14
Roll #77
Yea 271Nay 145
Democrats
43 Yea·144 Nay
Republicans
228 Yea·1 Nay
FailedHouse · 2018-02-14
Roll #76
Yea 189Nay 228
Democrats
187 Yea·0 Nay
Republicans
2 Yea·228 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] TRID Improvement Act of 2017 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 3978, TRID Improvement Act of 2017

Jan 18, 2018

As ordered reported by the House Committee on Financial Services on November 15, 2017

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (18)

5 Democrats13 Republicans