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.
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.