House Financial Services Committee Passes ALTA-supported TRID Fix Bill
Source: American Land Title Association
House Financial Services Committee Passes ALTA-supported TRID Fix Bill
November 15, 2017
The U.S. House Financial Services Committee today passed the ALTA-supported TRID Improvement Act of 2017 (H.R. 3978) by an overwhelming 53-5 bipartisan vote.
The bill, introduced by U.S. Reps. French Hill and Ruben Kihuen, corrects the inaccurate disclosure of title insurance premiums on the TILA-RESPA Integrated Disclosures (TRID) and help consumers understand the true cost of their real estate transaction.Read More>>