H.R.7661: Trigger Leads Abatement Act of 2022

About This Bill

Bill Version

Bill Summary

Trigger Leads Abatement Act of 2022 This bill prohibits credit reporting agencies from providing a credit report not initiated by a consumer if the report is being provided on the basis that the consumer has had a credit inquiry regarding a home mortgage loan. This practice, known as producing a trigger lead, provides notice to other mortgage lenders that the consumer is seeking a mortgage loan.

(Source: Library of Congress)

Bill Actions

Date Description
May 3, 2022
Referred to the House Committee on Financial Services.
May 3, 2022

Introduced in the House by Ritchie Torres (D-N.Y.)

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