General World News

CHLA urges CFPB action on trigger leads after legislative effort fails

The Community Home Lenders of America (CHLA) this week sent a letter to the Consumer Financial Protection Bureau (CFPB), urging action on mortgage trigger leads after an amendment to address them was removed from a must-pass spending bill.

CHLA is effectively asking the CFPB to adopt the provisions of the amendment to the National Defense Authorization Act (NDAA) and to enforce it via the Fair Credit Reporting Act (FCRA), according to the letter that was reviewed by HousingWire.

While acknowledging that work continues to find an alternative legislative remedy, the association says that action details ⇒

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