U.S. Rep. John Rose Introduces the Protecting Consumers From Abusive Mortgage Leads Act
June 17, 2023
June 17, 2023
WASHINGTON, June 17 -- Rep. John Rose, R-Tennessee, issued the following news release on June 16, 2023:
Today, U.S. Rep. John Rose (TN-06) introduced the Protecting Consumers from Abusive Mortgage Leads Act, which would ban trigger leads except in limited circumstances.
Trigger leads occur when a consumer applies for a mortgage, and the inquiry to credit by the lender is a trigger that notifies the credit bureau that the consumer is interested in applying for financing. . . .
Today, U.S. Rep. John Rose (TN-06) introduced the Protecting Consumers from Abusive Mortgage Leads Act, which would ban trigger leads except in limited circumstances.
Trigger leads occur when a consumer applies for a mortgage, and the inquiry to credit by the lender is a trigger that notifies the credit bureau that the consumer is interested in applying for financing. . . .