| Topics and Issues |
In March 2024, “a diverse set of housing and financial services stakeholders and advocates” wrote to the chairs and ranking members of the Senate Banking Committee and the House Financial Services Committee expressing their
strong support for the bicameral, bipartisan Homebuyers Privacy Protection Act of 2024, as introduced by Senators Jack Reed (D-RI) and Bill Hagerty (R-TN) and Representatives John Rose (R-TN) and Ritchie Torres (D-NY). This important consumer protection legislation, S. 3502, and H.R. 7297 (respectively), if enacted, would curb the abusive use of mortgage credit “triggers leads” in all but a limited set of circumstances.
The letter was signed by
- American Bankers Association
- America’s Credit Unions
- AmeriHome Mortgage
- Broker Action Coalition
- Center for Responsible Lending
- Community Home Lenders of America
- CONSUMER ACTION
- Consumer Federation of America
- Equity Prime Mortgage
- Freedom Mortgage
- Guild Mortgage
- Housing Policy Council
- Independent Community Bankers of America
- Leading Builders of America
- Mortgage Bankers Association
- National Association of Home Builders
- National Association of Mortgage Brokers
- NATIONAL ASSOCIATION OF REALTORS®
- National Consumer Law Center (on behalf of its low-income clients)
- National Housing Conference
- Rocket Mortgage
- Union Home Mortgage
- USPIRG