MBA Applauds House Financial Services Committee Advancement of Trigger Leads Bill

WASHINGTON, D.C. (June 10, 2025) - MBA's President and CEO Bob Broeksmit, CMB, released the following statement on the bipartisan vote to advance the Homebuyers Privacy Protection Act (H.R. 2808), as amended, from the House Financial Services Committee:

"We thank Chairman French Hill (R-AR) for including H.R. 2808 in today's markup, lead sponsors Rep. John Rose (R-TN) and Rep. Ritchie Torres (D-NY) for their ongoing leadership, and the many cosponsors and lawmakers on the panel who voted in favor of the bill, which will stop the abusive use of mortgage credit leads while preserving their value in appropriately limited circumstances.

"Consumers remain vulnerable to these unwelcome trigger lead abuses. The time is now for the full House and the Senate to pass this bill."