118th Congress · HOUSE BILLBILL

H.R. 7297Homebuyers Privacy Protection Act

To amend the Fair Credit Reporting Act to prevent consumer reporting agencies from furnishing consumer reports under certain circumstances, and for other purposes.

Finance and financial sector
Introduced Feb 7, 2024
Last action Feb 7, 2024
Pipeline · Bill → Law
Step 1
Introduced
Feb 7, 2024
Step 2
Referred
Feb 7, 2024
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 residential mortgage transaction unless (1) the third party provides documentation certifying that it has the consumer's consent; or (2) the third party has originated the mortgage, is the current loan servicer, or has a current specified banking relationship with the consumer.

Provisions · 2 sectionsIntroduced in House
Timeline · 2 actions
Feb 7, 2024
Introduced in House
Feb 7, 2024
Referred to the House Committee on Financial Services.