E-News 6-13-25
FEDERAL GOVERNMENT RELATIONS
House panel passes 3 industry-backed bills
The House Financial Services Committee voted to advance bills to ban trigger leads, change threshold requirements for small bank holding companies and support small financial institutions.
The committee voted to advance:
The Homebuyers Privacy Protection Act (H.R. 2808), introduced by Reps. John Rose, R-Tenn., and Ritchie Torres, D-N.Y., which would amend the Fair Credit Reporting Act to prohibit a credit reporting agency from selling “trigger leads” when a consumer applies for a residential mortgage.
The...