Bills · HR 2808
BECAME LAW· 119TH CONGRESS
House BillHR 2808Consumer creditReal estate business
Homebuyers Privacy Protection Act
INTRO APR 10· LAST ACTION SEP 5
PASSAGE CHANCES
BECAME LAW
READING
3MIN
COSPONSORS
89BIPARTISAN
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
LEGISLATIVE PROGRESS
STEP 8 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it addresses a common and frustrating experience for many homebuyers: being bombarded with unsolicited offers from numerous lenders immediately after applying for a mortgage. This practice, often called "trigger leads," means that once a credit inquiry for a mortgage hits your report, that information is sold, leading to a flood of calls, texts, and emails.
If this bill becomes law, homebuyers would have more control over their personal information during a crucial financial transaction, reducing stress and privacy concerns. It would also likely shift the competitive landscape for mortgage lenders, potentially requiring them to focus more on direct marketing and existing customer relationships rather than purchasing real-time leads. If it doesn't pass, the current practice of selling trigger leads for mortgage inquiries will continue, and consumers will likely continue to receive unwanted solicitations.
KEY PROVISIONS
4AI-extractedPROVISION 01
Amends the Fair Credit Reporting Act to generally prohibit credit reporting agencies from sharing a consumer's report with other companies for marketing purposes (prescreening) after an initial residential mortgage loan inquiry.
This aims to reduce the number of unsolicited mortgage offers and calls consumers receive after applying for a home loan.
PROVISION 02
Allows credit reporting agencies to still share reports for prescreening if the other company makes a firm offer of credit or insurance, has consumer authorization, or has an existing relationship (like servicing a current mortgage or holding an account).
These exceptions ensure that consumers can still receive legitimate offers or be contacted by institutions they already have a relationship with, while still curbing broader unsolicited marketing.
PROVISION 03
Requires the Government Accountability Office (GAO) to conduct a study on the value and impact of "trigger leads" received via text message, involving various stakeholders.
This study will provide data and insights into the specific marketing practice that the bill addresses, helping inform future policy decisions.
PROVISION 04
The changes made by this Act will become effective 180 days after the bill is signed into law.
This provides credit reporting agencies and mortgage lenders with a six-month period to adjust their systems and practices to comply with the new requirements.
SPONSORSHIP
1 + 89
R· Tennessee
YRS IN OFFICE
7
BILLS LED
15
COSPONSOR BREAKDOWNBIPARTISAN · 74%
DEM 33 REP 56 IND 0
ACTION TIMELINE
19 EVENTSSEP 5
Signed by President.
SEP 5
Became Public Law No: 119-36.
AUG 25
Presented to President.
AUG 8
Message on Senate action sent to the House.
BILL INFO
TypeHouse Bill
NumberHR 2808
Congress119th
StatusBecame Law
IntroducedApr 10, 2025
Last actionSep 5, 2025
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BECAME LAW· 119TH CONGRESS · FINANCIAL SERVICES COMMITTEE · INTRODUCED APR 10, 2025
House BillHR 2808Consumer creditReal estate business
Homebuyers Privacy Protection Act
INTRODUCED APR 10, 2025· LAST ACTION SEP 5, 2025
PASSAGE CHANCES
BECAME LAW
READING
3 min
COSPONSORS
89
COMPLEXITY
Moderate
