CHLA urges CFPB action on trigger leads after legislative effort fails
Briefly

CHLA expressed its disappointment at the removal of language meant to control abusive mortgage trigger leads from the NDAA, stressing the urgent need for administrative action to stop deceptive solicitations that follow a mortgage application.
Advocates like CHLA and the MBA were encouraged by a previously introduced bill aimed at banning trigger leads, but the recent omission from the NDAA has prompted calls for the CFPB to enforce existing laws to protect consumers.
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