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Home » Store » Legislation » House of Representatives Passes GOP ‘TRID Improvement Act’

House of Representatives Passes GOP ‘TRID Improvement Act’

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Legislation

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The House of Representatives last week voted 271-145 to approve targeted legislation to address the disclosure of certain charges in the Truth in Lending Act/Real Estate Settlement Procedures Act integrated disclosure, or TRID. H.R. 3978, the TRID Improvement Act of 2017, would require the CFPB to allow for the calculation of discounted title insurance rates that companies may offer to consumers for policies that cover both the lender and the homeowner. The bill was introduced ...
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