H.R. 7661 · 117th Congress
Trigger Leads Abatement Act of 2022
- Stage
- In committee
- Sponsor
- Ritchie Torres
- Introduced
- 2022-05-03
- Latest action
- 2022-05-03 · Introduced in House
Summary
Trigger Leads Abatement Act of 2022
This bill prohibits credit reporting agencies from providing a credit report not initiated by a consumer if the report is being provided on the basis that the consumer has had a credit inquiry regarding a home mortgage loan. This practice, known as producing a trigger lead, provides notice to other mortgage lenders that the consumer is seeking a mortgage loan.