House passes abusive trigger leads ban
By: Flávia Furlan Nunes | Published: 2025-06-23 22:52:00 | Source: www.housingwire.com
However, offers must be “bona fide,” meaning the lender must be prepared to extend real credit. Under the bill, trigger leads would still be permissible in these limited cases under the Fair Credit Reporting Act, beginning six months after enactment. A final rule is expected by the end of 2025.
The House version — reintroduced in the 119th Congress in April — has bipartisan, bicameral support. Its sponsors include Reps. John Rose (R-Tenn.) and Ritchie Torres (D-N.Y.), along with Sens. Bill Hagerty (R-Tenn.) and Jack Reed (D-R.I.).
The Broker Action Coalition (BAC) said it was “thrilled” that the bill cleared another hurdle, but emphasized that “we are not across the finish line yet.”
“A technical difference between the House and Senate versions still needs…
