118 HR 4198 IH: Protecting Consumers from Abusive Mortgage Leads Act U.S. House of Representatives 2023-06-16 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I118th CONGRESS1st SessionH. R. 4198IN THE HOUSE OF REPRESENTATIVESJune 16, 2023Mr. Rose introduced the following bill; which was referred to the Committee on Financial ServicesA BILLTo amend section 604(c) of the Fair Credit Reporting Act to address the treatment of pre-screening report requests, and for other purposes.

1.

Short title

This Act may be cited as the Protecting Consumers from Abusive Mortgage Leads Act.

2.

Treatment of pre-screening report requests

Section 604(c) of the Fair Credit Reporting Act (15 U.S.C. 1681b) is amended by adding at the end the following: (4)

Treatment of pre-screening report requests

If a person requests a report from a consumer reporting agency in connection with a credit transaction involving an extension of credit secured by real estate, such agency may not, solely on the basis of such request, furnish a report to a third party unless such third party has submitted documentation to such agency certifying that such third party has the consumer’s consent or has a current relationship, relating to credit, servicing or other financial services, with such consumer. .