S 1467 ยท Homebuyers Privacy Protection Act
Held at the desk.
- Introduced
- Apr 10, 2025
- Latest action
- Jun 17, 2025
- Sponsor
- Sen. Jack Reed [D-RI]
- Policy area
- Finance and Financial Sector
- Cosponsors
- 45
Summary
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.
Recent actions
- Jun 17, 2025 Held at the desk.
- Jun 17, 2025 Received in the House.
- Jun 12, 2025 Passed Senate without amendment by Unanimous Consent. (text: CR S3395-3396)
- Jun 12, 2025 Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (text: CR S3395-3396)
- Jun 12, 2025 Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S3395-3396)
- Jun 12, 2025 Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- Apr 10, 2025 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Apr 10, 2025 Introduced in Senate
Votes
No recorded votes are available for this bill.