The federal bill that seeks to eliminate abusive trigger leads took a major step forward this week, advancing in the U.S. House of Representatives and reigniting hopes across the mortgage industry that it could soon become law.

Late Tuesday, the House Financial Services Committee passed the Homebuyers Privacy Protection Act (H.R. 2808), which is designed to curb the controversial practice of abusive trigger leads where consumer credit inquiries prompt a flood of unsolicited calls, texts and emails from competing lenders.

“This vote shows that Congress has come to the same conclusion the rest of us have: the status details ⇒

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