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119th Congress

S. 1467

Homebuyers Privacy Protection Act

  1. Introduced
  2. In committee
  3. Passed Senate
  4. Passed House
  5. To President
  6. Became law
Sponsor
Jack Reed(D-RI)
Introduced
Apr 10, 2025
Policy area
Finance and Financial Sector
Committees
Senate Committee on Banking, Housing, and Urban Affairs
Official text
Engrossed in Senate · Congress.gov page

Cosponsors (45)

Original cosponsors (35)

Added later (10)

Summary

Summary by the Congressional Research Service· describes the “Passed Senate” version

Homebuyers Privacy Protection Act This bill limits the circumstances in which credit reporting agencies may provide consumer credit reports to third parties in connection with residential mortgage transactions. Specifically, the 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 the transaction consists of a firm offer of credit or insurance and (1) the third party provides documentation certifying that it has the consumer's consent; or (2) the third party has originated a mortgage on behalf of the consumer, is a current mortgage loan servicer to the consumer, or has a current specified banking relationship with the consumer. These provisions take effect 180 days after the bill's enactment.

Roll-call votes

No recorded votes on this bill.

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