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Trigger Leads Abatement Act of 2022

USA117th CongressHR-7661| House 
| Updated: 5/3/2022
Ritchie Torres

Ritchie Torres

Democratic Representative

New York

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Trigger Leads Abatement Act of 2022 This bill prohibits credit reporting agencies from providing a credit report not initiated by a consumer if the report is being provided on the basis that the consumer has had a credit inquiry regarding a home mortgage loan. This practice, known as producing a trigger lead, provides notice to other mortgage lenders that the consumer is seeking a mortgage loan.
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Timeline
May 3, 2022
Introduced in House
May 3, 2022
Referred to the House Committee on Financial Services.
  • May 3, 2022
    Introduced in House


  • May 3, 2022
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer creditConsumer Financial Protection BureauCredit and credit marketsHousing finance and home ownershipRight of privacy

Trigger Leads Abatement Act of 2022

USA117th CongressHR-7661| House 
| Updated: 5/3/2022
Trigger Leads Abatement Act of 2022 This bill prohibits credit reporting agencies from providing a credit report not initiated by a consumer if the report is being provided on the basis that the consumer has had a credit inquiry regarding a home mortgage loan. This practice, known as producing a trigger lead, provides notice to other mortgage lenders that the consumer is seeking a mortgage loan.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 3, 2022
Introduced in House
May 3, 2022
Referred to the House Committee on Financial Services.
  • May 3, 2022
    Introduced in House


  • May 3, 2022
    Referred to the House Committee on Financial Services.
Ritchie Torres

Ritchie Torres

Democratic Representative

New York

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer creditConsumer Financial Protection BureauCredit and credit marketsHousing finance and home ownershipRight of privacy