H.R. 2808 · Where this bill is now
Became law
Public Law 119-36, Sep 5, 2025
What this bill does
In plain words · AI-written from the official summaryLimits credit report sharing for home loans
Ever wonder who gets to see your credit report when you're buying a house? This act restricts when credit reporting agencies can share your credit information with third parties during mortgage transactions. Generally, they can only share your report if you've given permission, or if the company has an existing banking relationship with you—like being your mortgage lender or loan servicer. The law also requires a government study on "trigger leads," a marketing practice that can result in unsolicited credit offers after you apply for credit.
How it affects you
If you're shopping for a home or a mortgage, this gives you more privacy protection. Credit companies won't be able to pass your information around as freely to other businesses trying to sell you financial products. The protections kick in 180 days after the law takes effect.
Read the official summary (Public Law, Sep 5, 2025)
Homebuyers Privacy Protection Act
This act limits the circumstances in which credit reporting agencies may provide consumer credit reports to third parties in connection with residential mortgage transactions.
Specifically, the act prohibits a credit reporting agency from providing a consumer's credit report to a third party in connection with a residential mortgage transaction unless the transaction consists of a firm offer of credit or insurance and (1) the third party provides documentation certifying that it has the consumer's consent; or (2) the third party has originated a mortgage on behalf of the consumer, is a current mortgage loan servicer to the consumer, or has a current specified banking relationship with the consumer.
These provisions take effect 180 days after enactment.
The Government Accountability Office must study and report on the value of trigger leads (a marketing tactic facilitated by credit reporting agencies that may result in unsolicited credit offers to a consumer after a consumer applies for a separate type of credit) received by text message.
Written by AI (Claude) using only the official summary by the Congressional Research Service, the Library of Congress’s nonpartisan research staff. It can miss nuance, so check the official summary and the bill text for details.
1st SessionH. R. 2808
AN ACT
Homebuyers Privacy Protection Act
Sponsor: Rep. John W. Rose (R-TN-6) · Introduced Apr 10, 2025 · Finance and Financial Sector · 5 versions of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Sep 5, 2025: “Became Public Law No: 119-36.”