MBA Applauds Senate Inclusion of Trigger Leads Amendment in Fiscal Year 2025 NDAA

MBA’s President and CEO Bob Broeksmit, CMB, released a statement after Senate Armed Services Committee Chairman Jack Reed (D-RI) and Ranking Member Roger Wicker (R-MS) included Senate Amendment 2358, the text of the MBA-supported bill to end the abusive use of mortgage trigger leads (“Homebuyers Privacy Protection Act”), as part of their managers’ amendment to the Senate’s Fiscal Year 2025 National Defense Authorization Act (NDAA).

Diverse Coalition Sends Letter Urging Action on Trigger Leads Bill

A diverse coalition of organizations, led by the Mortgage Bankers Association, sent a letter to leadership of the Senate Banking Committee and House Financial Services Committee urging movement on the Homebuyers Privacy Protection Act of 2024.

Broeksmit Discusses Recent Wins, Current Challenges: #MBAIMB24

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.

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.