Pipeline · Bill → Law
Step 1
Introduced
Apr 17, 2023
Step 2
Referred
Apr 17, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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.
Timeline · 2 actions
Apr 17, 2023
Introduced in House
Apr 17, 2023
Referred to the House Committee on Financial Services.