NEW ORLEANS–In the face of a difficult business climate, the Mortgage Bankers Association is fighting for Independent Mortgage Bankers every day to ensure they can deliver for borrowers, MBA President and CEO Robert Broeksmit, CMB, said here at MBA’s Independent Mortgage Bankers conference.
Tag: H.R. 4198
Bob Broeksmit’s Statement on the Senate Introduction of MBA-Supported Trigger Leads Bill
U.S. Senators Jack Reed (D-RI) and Bill Hagerty (R-TN) introduced the Homebuyers Privacy Protection Act to protect consumers while preserving the legitimate use of trigger leads in appropriate circumstances during a real estate transaction.
MAA Call to Action: MBA-Supported ‘Trigger Leads’ Bill Introduced; Act Today
Late last week, Rep. John Rose, R-Tenn., introduced H.R. 4198, the Protecting Consumers from Abusive Mortgage Leads Act, which would eliminate abusive trigger leads while preserving their use in appropriately limited circumstances – such as communicating with existing customers.
Quote: June 21, 2023
“Participate in MBA’s Mortgage Action Alliance Call to Action and urge your U.S. Representative to co-sponsor H.R. 4198, the MBA-supported ‘trigger leads’ bill.”
–From the MAA Call to Action about H.R. 4198, the Protecting Consumers from Abusive Mortgage Leads Act