S. 3502 · 118th Congress

Homebuyers Privacy Protection Act

Stage
Passed a chamber
Sponsor
Jack Reed
Introduced
2023-12-13
Latest action
2024-12-18 · Held at the desk.

Summary

Homebuyers Privacy Protection Act

This bill prohibits a credit reporting agency from providing a consumer's credit report to a third party in connection with a residential mortgage transaction unless (1) the third party provides documentation certifying that it has the consumer's consent; or (2) the third party has originated the mortgage, is the current loan servicer, or has a current specified banking relationship with the consumer.