The House of Representatives recently approved bipartisan bills to change TRID requirements for non-profit organizations and extend the National Flood Insurance Program (NFIP).
The Building Up Independent Lives and Dreams (BUILD) ACT (H.R. 1060) would allow Habitat for Humanity and similar organizations to choose the Loan Estimate and Closing Disclosure forms, or less complicated forms, when making mortgage loans with zero percent interest.
Read on for more details about both bills.
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