NAMB is thrilled to announce its support for the Homebuyers Privacy Protection Act, introduced today by of Congressman John Rose (TN) and Congressman Ritchie Torres (NY). This legislation aims to end harmful trigger leads and would prevent credit bureaus from selling mortgage application data without consent, protecting consumers from unwanted solicitations. It gives buyers more control and promotes ethical practices in the mortgage industry.
“The National Association of Mortgage Brokers is very driven and honored to continue working with members of Congress on this critical legislation to end trigger leads. NAMB and our members have been working with both the Senate and the House of Representatives on this issue for the past three congresses and today we hope these efforts will help many people across the nation put an immediate end to ugly trigger lead practices that places undue hardships on consumers, mortgage professionals and the entire marketplace,” said Jim Nabors, NAMB President.
