Legis Daily

A bill to amend the Real Estate Settlement Procedures Act of 1974 to modify requirements related to mortgage disclosures.

USA115th CongressS-2490| Senate 
| Updated: 3/5/2018
Tim Scott

Tim Scott

Republican Senator

South Carolina

Cosponsors (7)
Joni Ernst (Republican)Dean Heller (Republican)Joe Donnelly (Democratic)Heidi Heitkamp (Democratic)Michael B. Enzi (Republican)Doug Jones (Democratic)John Hoeven (Republican)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 5, 2018
Introduced in Senate
Mar 5, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • March 5, 2018
    Introduced in Senate


  • March 5, 2018
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 115-3978: TRID Improvement Act of 2017
  • HR 115-6258: Financial Services and General Government Appropriations Act, 2019
  • HR 115-5078: TRID Improvement Act of 2018

A bill to amend the Real Estate Settlement Procedures Act of 1974 to modify requirements related to mortgage disclosures.

USA115th CongressS-2490| Senate 
| Updated: 3/5/2018
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Mar 5, 2018
Introduced in Senate
Mar 5, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • March 5, 2018
    Introduced in Senate


  • March 5, 2018
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Tim Scott

Tim Scott

Republican Senator

South Carolina

Cosponsors (7)
Joni Ernst (Republican)Dean Heller (Republican)Joe Donnelly (Democratic)Heidi Heitkamp (Democratic)Michael B. Enzi (Republican)Doug Jones (Democratic)John Hoeven (Republican)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 115-3978: TRID Improvement Act of 2017
  • HR 115-6258: Financial Services and General Government Appropriations Act, 2019
  • HR 115-5078: TRID Improvement Act of 2018
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted