Mortgage trade groups recently came closer to achieving a legislative victory by curbing a longstanding practice: the abusive use of credit trigger leads. However, the outcome of recent elections has cast uncertainty on the future of this legislation.

In September, Senate Armed Services Committee Chairman Jack Reed (D-RI) and Ranking Member Roger Wicker (R-MS) included U.S. Senate Amendment 2358, also known as Homebuyers Privacy Protection Act of 2024, which addresses trigger leads, in their Senate’s Fiscal Year 2025 National Defense Authorization Act (NDAA).

The NDAA is expected to be voted on by mid-December details ⇒

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