House Bill 5078
115th Congress(2017-2018)
TRID Improvement Act of 2018
Active
Passed House on Feb 27, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5078
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
checkPassed on February 27, 2018
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H1306)
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.
February 28, 2018
February 27, 2018
February 23, 2018
02/28/2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
02/27/2018
Motion to reconsider laid on the table Agreed to without objection.
02/27/2018
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H1306)
02/27/2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H1306)
02/27/2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 5078.
02/27/2018
Considered under suspension of the rules. (consideration: CR H1306-1308)
02/27/2018
Mr. Hill moved to suspend the rules and pass the bill, as amended.
02/23/2018
Referred to the House Committee on Financial Services.
02/23/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:40:30 PM