S. 2490 · 115th Congress
TRID Improvement Act of 2018
- Stage
- In committee
- Sponsor
- Tim Scott
- Introduced
- 2018-03-05
- Latest action
- 2018-03-05 · Introduced in Senate
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.