S. 1467Introduced
Homebuyers Privacy Protection Act
Restricts credit reporting agencies from sharing homebuyer credit reports in residential mortgage transactions except in limited cases with consumer consent or an existing customer relationship
Plain-English overview
What this bill does
Restricts credit reporting agencies from sharing homebuyer credit reports in residential mortgage transactions except in limited cases with consumer consent or an existing customer relationship
Key points
- Require consumer consent certification
- Prohibit third party credit report sharing
- Allow sharing for existing mortgage relationships
- Delay effectiveness 180 days
Current status
Where it stands
Status
Introduced
Latest action
2025-06-17 — Held at the desk.
Related context
Topics and policy areas
undefinedConsumer creditFinance and Financial SectorFinancial services and investmentsHousing finance and home ownershipReal estate businessRight of privacy