Trigger Leads Bill Passes in Senate

Trigger leads bill passes in Senate

Next on the agenda is the House and Senate resolving a difference between their versions of the bill before sending it to President Donald Trump for his signature.

Senate unanimously passes trigger leads bill

The U.S. Senate on Thursday unanimously passed the Homebuyers Privacy Protection Act (S. 1467), a bipartisan bill aimed at curbing the abusive use of trigger leads in the mortgage industry—a move widely applauded by mortgage trade groups. The Senate action follows the House Financial Services Committee’s approval of a similar bill (H.R. 2808) earlier this week. That version is now headed to the House floor for a vote. Both bills would prohibit c…