Mortgage Bankers Association

06/12/2025 | Press release | Distributed by Public on 06/12/2025 20:11

MBA Applauds Senate Passage of Trigger Leads Bill

WASHINGTON, D.C. (June 12, 2025) - MBA's President and CEO Bob Broeksmit, CMB, released the following statement on the passage of the bipartisan Homebuyers Privacy Protection Act (S. 1467) in the U.S. Senate:

"The Senate passage of this important bill, following similar legislation advancing in the House Financial Services Committee earlier in the week, is an enormous step toward finally putting a stop to trigger lead abuses.

"We commend Senators Jack Reed (D-RI) and Bill Hagerty (R-TN), as well as the bill's dozens of bipartisan cosponsors, for their continued leadership on this issue - a top MBA advocacy priority.

"MBA looks forward to working with the sponsors and House and Senate leadership to reconcile the slight differences in the two bills so that one bill can be passed in both chambers and signed into law as quickly as possible."
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