TRID Improvement Act of 2017

Summary

TRID Improvement Act of 2017 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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 7 September 2017

   Committee

   Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Introduction and Referral.

   Source: Committee

2. 5 October 2017

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

3. 5 October 2017

   Introduced

   Introduced in House

   Source: IntroReferral

4. 5 October 2017

   Introduced

   Introduced in House

   Source: IntroReferral

5. 15 November 2017

   Vote

   Ordered to be Reported by the Yeas and Nays: 53 - 5.

   Source: Committee

6. 15 November 2017

   Committee

   Committee Consideration and Mark-up Session Held.

   Source: Committee

7. 25 January 2018

   Calendars

   Placed on the Union Calendar, Calendar No. 389.

   Source: Calendars

8. 25 January 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-524.

   Source: Committee

9. 25 January 2018

   Reported

   Reported by the Committee on Financial Services. H. Rept. 115-524.

   Source: Committee

10. 13 February 2018

    Reported

    Rules Committee Resolution H. Res. 736 Reported to House. Provides for consideration of H.R. 620 and H.R. 3978 under structured rules and H.R. 3299 under a closed rule. Each bill shall be debatable for one hour. The resolution provides for proceedings during the period of February 16, 2018 through February 23, 2018.

    Source: Floor

11. 14 February 2018

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

12. 14 February 2018

    Vote

    On passage Passed by the Yeas and Nays: 271 - 145 (Roll no. 77). (text: CR H1155-1156)

    Source: Floor

13. 14 February 2018

    Vote

    Passed/agreed to in House: On passage Passed by the Yeas and Nays: 271 - 145 (Roll no. 77).(text: CR H1155-1156)

    Source: Floor

14. 14 February 2018

    Vote

    On motion to recommit with instructions Failed by the Yeas and Nays: 189 - 228 (Roll no. 76).

    Source: Floor

15. 14 February 2018

    Floor

    The previous question on the motion to recommit with instructions was ordered without objection.

    Source: Floor

16. 14 February 2018

    Floor

    Provides for consideration of H.R. 620 and H.R. 3978 under structured rules and H.R. 3299 under a closed rule. Each bill shall be debatable for one hour. The resolution provides for proceedings during the period of February 16, 2018 through February 23, 2018.

    Source: Floor

17. 14 February 2018

    Floor

    Mr. Capuano moved to recommit with instructions to the Committee on Financial Services. (text: CR H1166)

    Source: Floor

18. 14 February 2018

    Floor

    The previous question was ordered on the bill and amendment pursuant to the rule.

    Source: Floor

19. 14 February 2018

    Floor

    Considered under the provisions of rule H. Res. 736. (consideration: CR H1155-1169)

    Source: Floor

20. 14 February 2018

    Passed

    Rule H. Res. 736 passed House.

    Source: Floor

21. 15 February 2018

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

Versions

• Referred in Senate · 15 February 2018 · Official file
• Engrossed in House · 14 February 2018 · Official file
• Reported in House · 25 January 2018 · Official file
• Introduced in House · 5 October 2017 · Official file

Documents

11 official files

• Referred in Senate (text)

  Referred in Senate · EN · 15 February 2018

  ViewDownloadOpen at official source

• Referred in Senate (PDF)

  Referred in Senate · EN · 15 February 2018

  ViewDownloadOpen at official source

• Engrossed in House (text)

  Engrossed in House · EN · 14 February 2018

  ViewDownloadOpen at official source

• Engrossed in House (PDF)

  Engrossed in House · EN · 14 February 2018

  ViewDownloadOpen at official source

• Passed House amended

  summary · EN · 14 February 2018

  Open at official source

• Reported in House (text)

  Reported in House · EN · 25 January 2018

  ViewDownloadOpen at official source

• Reported in House (PDF)

  Reported in House · EN · 25 January 2018

  ViewDownloadOpen at official source

• Reported to House without amendment

  summary · EN · 25 January 2018

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 5 October 2017

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 5 October 2017

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 5 October 2017

  Open at official source

Sponsors

• J. Hill · R · Sponsor
• Ruben Kihuen · D · Sponsor
• Blaine Luetkemeyer · R · Cosponsor
• ED ROYCE · R · Cosponsor
• Andy Barr · R · Cosponsor
• Steve Stivers · R · Cosponsor
• Tom Emmer · R · Cosponsor
• Dennis Ross · R · Cosponsor
• Trey Hollingsworth · R · Cosponsor
• Brad Sherman · D · Cosponsor
• Vicente Gonzalez · D · Cosponsor
• Rep. Williams, Roger [R-TX-25] · R · Cosponsor
• Rep. Tenney, Claudia [R-NY-24] · R · Cosponsor
• Luke Messer · R · Cosponsor
• Lee Zeldin · R · Cosponsor
• Kyrsten Sinema · D · Cosponsor
• Ralph Norman · R · Cosponsor
• Stevan Pearce · R · Cosponsor
• Rep. Gottheimer, Josh [D-NJ-5] · D · Cosponsor
• · ssbk00 · Standing
• · hsba00 · Standing

Related records

• related to → Financial CHOICE Act of 2017
• related to → Fostering Innovation Act of 2017
• related to → To amend the S.A.F.E. Mortgage Licensing Act of 2008 to provide a temporary license for loan originators transitioning between employers, and for other purposes.
• related to → Protection of Source Code Act
• related to → SAFE Transitional License Act
• related to ← Fostering Innovation Act of 2017
• related to ← National Securities Exchange Regulatory Parity Act
• related to ← Providing for consideration of the bill (H.R. 620) to amend the Americans with Disabilities Act of 1990 to promote compliance through education, to clarify the requirements for demand letters, to provide for a notice and cure period before the commencement of a private civil action, and for other purposes; providing for consideration of the bill (H.R. 3299) to amend the Revised Statutes, the Home Owners' Loan Act, the Federal Credit Union Act, and the Federal Deposit Insurance Act to require the rate of interest on certain loans remain unchanged after transfer of the loan, and for other purposes; providing for consideration of the bill (H.R. 3978) to amend the Real Estate Settlement Procedures Act of 1974 to modify requirements related to mortgage disclosures, and for other purposes; and providing for proceedings during the period from February 16, 2018, through February 23, 2018.
• related to ← TRID Improvement Act of 2018
• related to ← TRID Improvement Act of 2018
• related to ← Protection of Source Code Act