Senate Passes ‘Trigger Leads’ Bill to Protect Homebuyers’ Credit Privacy - The MortgagePoint

Senate Passes ‘Trigger Leads’ Bill to Protect Homebuyers’ Credit Privacy - The MortgagePoint

The United States Senate has passed the Homebuyers Privacy Protection Act (HR 2808), legislation that now moves to the desk of President Trump for his signature.  The Homebuyers Privacy Protection Act would reduce the number of unwanted calls and messages potential homeowners across the country experience during the homebuying process. Credit bureaus are typically notified when a consumer applies for financing, and that information (which is com…

Senate Passes House Version of Trigger Leads Bill

As previously reported, both the House and Senate passed bills to ban “trigger leads,” except in limited circumstances, although the versions of the bills that were previously passed are slightly different. The one difference is that the House-passed version calls for a Government Accountability Office study on the value of trigger leads by text message.... Continue Reading