Homebuyers Privacy Protection Act
- Last Action
- 6/17/2025
Actions
- 2025-06-17Held at the desk.
- 2025-06-17Received in the House.
- 2025-06-12Passed Senate without amendment by Unanimous Consent. (text: CR S3395-3396)
- 2025-06-12Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (text: CR S3395-3396)
- 2025-06-12Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S3395-3396)
- 2025-06-12Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- 2025-04-10Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2567)
- 2025-04-10Introduced in Senate
CRS Summary
As of 2025-06-12 (55)
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.
Cosponsors (20)
- Bill Hagerty (R-TN)
- Chris Van Hollen (D-MD)
- Thomas Tillis (R-NC)
- Catherine Cortez Masto (D-NV)
- Kevin Cramer (R-ND)
- Tina Smith (D-MN)
- Katie Britt (R-AL)
- Ruben Gallego (D-AZ)
- Pete Ricketts (R-NE)
- Angela Alsobrooks (D-MD)
- Mike Rounds (R-SD)
- Shelley Capito (R-WV)
- Ron Wyden (D-OR)
- Mike Crapo (R-ID)
- Cindy Hyde-Smith (R-MS)
- Sheldon Whitehouse (D-RI)
- James Risch (R-ID)
- Angus King (I-ME)
- Tommy Tuberville (R-AL)
- John Fetterman (D-PA)
Subjects
- Consumer credit
- Financial services and investments
- Housing finance and home ownership
- Real estate business
- Right of privacy
Sourced from Congress.gov (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.