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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>>