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Housing's biggest trade groups declare support for Congressional push to change TRID

The bill, the TRID Improvement Act of 2017, was introduced earlier this month by Rep. French Hill, R-Arkansas, and Rep. Ruben Kihuen, D-Nevada.

According to Hill’s office, homebuyers in some states are not receiving an “accurate disclosure” of their title insurance premiums, because, in those states, the CFPB “does not allow the calculation of a discounted rate known as ‘simultaneous issue,’ which is a rate title insurance companies provide to consumers when they purchase a lenders and owners title insurance policy simultaneously.”

Hill and Kihuen’s bill would address this issue, and the bill now has the backing of the Mortgage Bankers Association , the American Bankers Association , the American Land Title Association , the National Association of Home Builders , and others.

The groups sent a letter to the House, calling on its members to support the bill.

Yellow Jacket Roundup: October 9th, 2017

Swimming & Diving

Swimming and diving hosted the Pittsburgh Panthers in their first duel meet on Friday afternoon. Led by strong showings from accomplished senior Rodrigo Corriea and junior Iris Wang, both the men’s and women’s teams defeated Pittsburgh by a combined 351.5 to 248.5 . Wang, Emily Ilgenfritz, and Laura Branton looked exceptional in multiple events Friday. On the men’s side, Correia, Brennan Day, Colt Williamson, and Johnathon Yang all scored several times in the winning effort. Day and Williamson, both veterans, narrowly edging solid Pitt freshman Ryan Schonbachler in the 1000 yard freestyle for spots on the podium. Those three, along with Pittsburgh’s Aaron Sett, all swam over 1700 yards on the day, no small feat for a two hour-long meet on a Friday afternoon, combining for more than 10% of the men’s scoring. One name to watch for is freshman Caio Pumpitis, who already secured an NCAA B-qualifier time in the 200 fly. Since swimming is complicated, a concern for another day, this doesn’t necessarily mean he’ll represent Tech in Minneapolis in March, but it is a stellar showing from an important part of Tech’s 2017 recruiting class, nonetheless.

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