Homebuyers Privacy Protection Act passed the Senate 63 days after introduction and awaits a vote in the House
Written by the Congressional Research Service [2]. 122 words.
Homebuyers Privacy Protection Act This bill limits the circumstances in which credit reporting agencies may provide consumer credit reports to third parties in connection with residential mortgage transactions. Specifically, the bill prohibits a credit reporting agency from providing a consumer's credit report to a third party in connection with a residential mortgage transaction unless the transaction consists of a firm offer of credit or insurance and (1) the third party provides documentation certifying that it has the consumer's consent; or (2) the third party has originated a mortgage on behalf of the consumer, is a current mortgage loan servicer to the consumer, or has a current specified banking relationship with the consumer. These provisions take effect 180 days after the bill's enactment.
- Committees
- Senate Banking, Housing, and Urban Affairs Committee
- Policy area
- Finance and Financial Sector: 53 of 3,256 bills became law, 113th–118th (1.6%)
- Sponsor
- 6 of 271 bills enacted since 2013
- Text versions
- 2, from introduced in senate to engrossed in senate · 367 words
- Subjects
- Consumer creditFinancial services and investmentsHousing finance and home ownershipReal estate businessRight of privacy
- Latest action
- Jun 17, 2025: Held at the desk.
- Records
- Congress.gov · Bill text
Each bill appears once, under its strongest link. 1 in all.
Identical or companion · 1
- 119th H.R. 2808 Homebuyers Privacy Protection Act R · Law