Homebuyers Privacy Protection Act
Introduced Apr 10, 2025 by Sen. Jack Reed
The Senate passed it. The House has to pass it before it can reach the President.
This bill limits the circumstances in which credit reporting agencies may provide consumer credit reports to third parties in connection with residential mortgage transactions.
Specifically, the 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 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 the bill's enactment.
Summary by the Congressional Research Service.
No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.
- Jun 17, 2025Held at the desk.
- Jun 17, 2025Received in the House.
- Jun 12, 2025Passed Senate without amendment by Unanimous Consent. (text: CR S3395-3396)
- Jun 12, 2025Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent. (text: CR S3395-3396)
- Jun 12, 2025Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S3395-3396)
- Jun 12, 2025Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
- Apr 10, 2025Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S2567)
- Apr 10, 2025Introduced in Senate