MBA Releases Statement on the House Introduction of Bill to Stop Abusive Trigger Leads

MBA’s President and CEO Robert Broeksmit, CMB, released the following statement on the introduction of the bipartisan Homebuyers Privacy Protection Act in the U.S. House of Representatives: 

“MBA continues to be a fierce proponent for legislative reforms that stop the abusive use of mortgage trigger leads while preserving their value in appropriately limited circumstances during a real estate transaction.

“This updated House companion bill harmonizes with the MBA-supported trigger leads bill in the Senate – introduced in December 2023 – and furthers the momentum for legislative action on this issue.  “We commend Reps. John Rose (R-TN) and Ritchie Torres (D-NY) and Senators Jack Reed (D-RI) and Bill Hagerty (R-TN) for introducing these bills and continue to call on House and Senate leaders to pass them into law as soon as possible.”