HR 5078 · 115th Congress · Finance and Financial Sector

TRID Improvement Act of 2018

Introduced 2018-02-23· Sponsored by Rep. Hill, J. French [R-AR-2]· House

Bill Progress

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House Vote

Senate

Enacted

Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2018-02-28)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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