June 23, 2025
WASHINGTON, DC—On Monday, U.S. Representative John Rose (TN-06) applauded his House colleagues for passing his vital legislation to improve the homebuying process for millions of Americans. H.R.2808, the Homebuyers Privacy Protection Act, would dramatically reduce the number of unwanted calls and messages that follow applying for a mortgage in the United States.
The legislation passed by a voice vote.
Currently, credit bureaus are notified when a consumer applies for mortgage financing. That information (which is referred to as a trigger lead) is then often sold by the credit bureaus to data brokers and other lenders without the consumer’s knowledge or approval. Consumers are then often bombarded with hundreds of unwanted solicitations.
Rep. Rose released the following statement after the bill’s passage:
“Buying a home is a fundamental part of the American Dream,” Rep. Rose said. “Unfortunately, the process has become more of a nightmare due to abusive mortgage trigger leads. I want to thank my colleagues from both sides of the aisle for supporting my bill. It will no doubt benefit millions of Americans.”
The legislation was co-led by Rep. Ritchie Torres (D-NY) and garnered more than 80 cosponsors from both sides of the aisle. The legislation is also bicameral. The U.S. Senate version of the bill, introduced by Sens. Bill Hagerty (R-TN) and Jack Reed (D-RI), passed the chamber just last December. It was reintroduced in April.
Background:
The Homebuyers Privacy Protection Act would amend the Fair Credit Reporting Act (FCRA) to prohibit a credit reporting bureau from furnishing a trigger lead unless an individual chooses to opt-in while also preserving the use of trigger leads in appropriately limited circumstances.
The Homebuyers Privacy Protection Act is supported by a broad coalition of financial trades and consumer groups, including the Independent Community Bankers of America, Mortgage Bankers Association, Tennessee Bankers Association, National Association of Mortgage Brokers, American Bankers Association, and the Broker Action Coalition. You can find some of their statements of support here.
U.S. Representative John Rose is currently serving his fourth term representing Tennessee’s Sixth Congressional District and resides on his family farm in Lancaster with his wife, Chelsea, and their two sons, Guy and Sam. The Sixth District includes Cannon, Clay, Cumberland, DeKalb, Fentress, Jackson, Macon, Overton, Pickett, Putnam, Smith, Sumner, Trousdale, Van Buren, and White counties as well as portions of Davidson, Scott, Warren, and Wilson counties. Representative Rose is an eighth-generation farmer, small business owner, and attorney.
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