CHLA “Thrilled” At House Passage Of Trigger Leads Bill
The Community Home Lenders of America (CHLA) released the following statement after House passage by voice vote of H.R. 2808, the “Homeowners Privacy Protection Act”.
“CHLA is thrilled that trigger leads legislation has passed the House and is that much closer to becoming law,” said Scott Olson, Executive Director of CHLA.
“For groups like CHLA that support streamlined, smarter regulation, proactive steps like this – advocating for cleaning up industry practices like abusive trigger leads – are important in building credibility in pursuing that objective.”
CHLA first wrote the CFPB back in 2022 asking for action against abusive trigger lead solicitations and has made Congressional enactment of legislation curbing abusive solicitations, while protecting smaller lenders, since then.
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