Homebuyers Privacy Protection Act
This bill prohibits a credit reporting agency from providing a consumer's credit report to a third party in connection with a residential mortgage transaction unless (1) the third party provides documentation certifying that it has the consumer's consent; or (2) the third party has originated the mortgage, is the current loan servicer, or has a current specified banking relationship with the consumer.
(consideration: CR S7093)
Passed Senate with an amendment by Unanimous Consent.
(text of amendment in the nature of a substitute: CR S7093)
(Sponsor introductory remarks on measure: CR S5963-5964)