HR 7661 · 117th Congress · Finance and Financial Sector

Trigger Leads Abatement Act of 2022

Introduced 2022-05-03· Sponsored by Rep. Torres, Ritchie [D-NY-15]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2022-05-03)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only