S. 3502Passed SenateFINANCE AND FINANCIAL SECTOR
Homebuyers Privacy Protection Act
Consumer credit · Financial services and investments · Housing finance and home ownership
Key facts
Introduced: Dec 13, 2023
Chamber: Senate
Cosponsors: 43
Congress: 118th
Latest action · Dec 18, 2024
Held at the desk.
Summary
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.
Summary by Congressional Research Service.
Timeline
- Dec 18, 2024Held at the desk.
- Dec 18, 2024Received in the House.
- Dec 18, 2024Message on Senate action sent to the House.
- Dec 17, 2024Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S7093)
- Dec 17, 2024Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.
- Dec 17, 2024Measure laid before Senate by unanimous consent. (consideration: CR S7093)
- Dec 17, 2024Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- Dec 17, 2024Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- Mar 12, 2024Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-548.
- Dec 13, 2023Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S5963-5964)
- Dec 13, 2023Introduced in Senate
Cosponsors (showing first 30 of 43)
- Sen. Hagerty, Bill [R-TN] R-TN
- Sen. Fischer, Deb [R-NE] R-NE
- Sen. Merkley, Jeff [D-OR] D-OR
- Sen. Ricketts, Pete [R-NE] R-NE
- Sen. Fetterman, John [D-PA] D-PA
- Sen. Blackburn, Marsha [R-TN] R-TN
- Sen. Van Hollen, Chris [D-MD] D-MD
- Sen. Braun, Mike [R-IN] R-IN
- Sen. Smith, Tina [D-MN] D-MN
- Sen. Britt, Katie Boyd [R-AL] R-AL
- Sen. Shaheen, Jeanne [D-NH] D-NH
- Sen. King, Angus S., Jr. [I-ME] I-ME
- Sen. Rounds, Mike [R-SD] R-SD
- Sen. Crapo, Mike [R-ID] R-ID
- Sen. Cramer, Kevin [R-ND] R-ND
- Sen. Whitehouse, Sheldon [D-RI] D-RI
- Sen. Thune, John [R-SD] R-SD
- Sen. Schatz, Brian [D-HI] D-HI
- Sen. Tuberville, Tommy [R-AL] R-AL
- Sen. Scott, Rick [R-FL] R-FL
- Sen. Cassidy, Bill [R-LA] R-LA
- Sen. Warren, Elizabeth [D-MA] D-MA
- Sen. Risch, James E. [R-ID] R-ID
- Sen. Tester, Jon [D-MT] D-MT
- Sen. Warner, Mark R. [D-VA] D-VA
- Sen. Capito, Shelley Moore [R-WV] R-WV
- Sen. Kaine, Tim [D-VA] D-VA
- Sen. Hyde-Smith, Cindy [R-MS] R-MS
- Sen. Cortez Masto, Catherine [D-NV] D-NV
- Sen. Manchin, Joe, III [D-WV] D-WV
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- The Broker Action Coalition (BAC) Congressional Fly-In Propels the Political Knowledge, Influence, and Presence of Mortgage Brokers - Business Wire
- Mortgage Action Alliance Call to Action–Urge Elected Officials to Cosponsor H.R. 7297 & S. 3502 - MBA Newslink
- Bills To Curtail Trigger Leads Introduced in Congress - Consumer Finance Monitor
- Freedom Mortgage Profile: Summary - OpenSecrets
View official record on Congress.gov →
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