1. Short title This Act may be cited as the Community Lending Enhancement and Regulatory Relief Act of 2017 or the CLEARR Act of 2017 . 2. Community Institution Mortgage Relief (a) Exemption from escrow requirements for loans held by small creditors Section 129D(c) of the Truth in Lending Act ( 15 U.S.C. 1639d(c) ), as added by section 1461(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act, is amended— (1) by redesignating paragraphs (1), (2), (3), and (4) as subparagraphs (A), (B), (C), and (D) (and conforming the margins accordingly); (2) by striking The Board and inserting the following: (1) In general The Bureau