118th Congress · HOUSE BILLBILL

H.R. 4198 — Protecting Consumers from Abusive Mortgage Leads Act

“To amend section 604(c) of the Fair Credit Reporting Act to address the treatment of pre-screening report requests, and for other purposes.”

Finance and financial sector

Introduced Jun 16, 2023

Last action Jun 16, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jun 16, 2023

Step 2

Referred

Jun 16, 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 a credit reporting agency from providing a consumer's credit report to a third party in connection with a mortgage transaction unless (1) the third party provides documentation certifying that it has the consumer's consent, or (2) the third party has a current financial service relationship with the consumer.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jun 16, 2023

Introduced in House

Jun 16, 2023

Referred to the House Committee on Financial Services.