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S. 2490

BillFederalSenateIn Committee
TRID Improvement Act of 2018
About This Bill
Committee
Latest Action · March 5, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
115th (2017–2019)
Introduced
March 5, 2018
Sponsor
Sen. Tim ScottR
Cosponsors (7)
3D 4R
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Summary

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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.

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