HPPA Explained: What "Trigger Lead" Limits Mean for the Mortgage Industry

25/09/2025 33 min Episodio 73
HPPA Explained: What "Trigger Lead" Limits Mean for the Mortgage Industry

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Episode Synopsis

The Mortgage Bankers Association's Justin Wiseman, George Rogers and Rachel Kelley join RegFi co-hosts Jerry Buckley and Sasha Leonhardt to discuss the Homebuyers Privacy Protection Act (HPPA) — a targeted FCRA amendment aimed at curbing "trigger leads" generated from mortgage credit inquiries. The conversation explores the bipartisan legislation's origin and path through Congress, how targeted exemptions balance consumer protection and competition, and what lenders, servicers, consumer reporting agencies and resellers can do to prepare ahead of the March 4, 2026, effective date. Links: Mortgage Bankers Association Orrick Financial & Fintech Advisory RegFiPodcast.com