Legis Daily

Trigger Leads Abatement Act of 2023

USA118th CongressHR-2656| House 
| Updated: 4/17/2023
Ritchie Torres

Ritchie Torres

Democratic Representative

New York

Cosponsors (6)
Ed Case (Democratic)Jimmy Panetta (Democratic)W. Gregory Steube (Republican)Earl Blumenauer (Democratic)Rashida Tlaib (Democratic)Mike Levin (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Trigger Leads Abatement Act of 2023 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

Bill from Previous Congress

HR 117-7661
Trigger Leads Abatement Act of 2022
Apr 17, 2023
Introduced in House
Apr 17, 2023
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 117-7661
    Trigger Leads Abatement Act of 2022


  • April 17, 2023
    Introduced in House


  • April 17, 2023
    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 2023

USA118th CongressHR-2656| House 
| Updated: 4/17/2023
Trigger Leads Abatement Act of 2023 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

Bill from Previous Congress

HR 117-7661
Trigger Leads Abatement Act of 2022
Apr 17, 2023
Introduced in House
Apr 17, 2023
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 117-7661
    Trigger Leads Abatement Act of 2022


  • April 17, 2023
    Introduced in House


  • April 17, 2023
    Referred to the House Committee on Financial Services.
Ritchie Torres

Ritchie Torres

Democratic Representative

New York

Cosponsors (6)
Ed Case (Democratic)Jimmy Panetta (Democratic)W. Gregory Steube (Republican)Earl Blumenauer (Democratic)Rashida Tlaib (Democratic)Mike Levin (Democratic)

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