The Homebuyers Privacy Protection Act of 2024, a U.S. Senate bill introduced this past December that targets mortgage trigger leads, has been incorporated into the fiscal year 2025 National Defense Authorization Act (NDAA). This is a bill that Congress must pass each year, since it refers to laws that specify the annual budget for the U.S. Department of Defense (DOD).
Organizations including the Mortgage Bankers Association (MBA) and the Independent Community Bankers of America (ICBA) have been vocal advocates for such a move. The MBA details ⇒
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