MBA Statement on the House Introduction of Bill to Stop Abusive Trigger Leads

WASHINGTON, D.C. (February 7, 2024) — MBA’s President and CEO Bob Broeksmit, CMB, released the following statement on the introduction of the bipartisan Homebuyers Privacy Protection Act in the U.S. House of Representatives: 

“MBA continues to be a fierce proponent for legislative reforms that stop the abusive use of mortgage trigger leads while preserving their value in appropriately limited circumstances during a real estate transaction.

“This updated House companion bill harmonizes with the MBA-supported trigger leads bill in the Senate – introduced in December 2023 – and furthers the momentum for legislative action on this issue. 

“We commend Reps. John Rose (R-TN) and Ritchie Torres (D-NY) and Senators Jack Reed (D-RI) and Bill Hagerty (R-TN) for introducing these bills and continue to call on House and Senate leaders to pass them into law as soon as possible.”