Amid industrywide conversations and proposed legislation to address consumer privacy and protection regarding trigger leads, Idaho has stepped up to the plate.

Idaho Gov. Brad Little (R) signed H.B. 149 into law last week. The bill introduces a new section called “Consumer Privacy in Mortgage Applications” to the Idaho Residential Mortgage Practices Act.

The new provisions, which take effect July 1, regulate the use of consumer information linked to mortgage credit inquiries and define who has access to it.

The bill defines a “mortgage trigger lead” as “a consumer report obtained pursuant to section 604(c)(1)(B) of the fair credit details ⇒

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