The Senate's approval of the Homebuyers Privacy Protection Act marks a significant step towards limiting abusive digital marketing practices that exploit potential mortgage borrowers. Consumers face numerous unwanted solicitations when they apply for credit,; this legislation aims to curb that practice.
Mortgage Bankers Association's Bob Broeksmit expressed gratitude towards Senators Reed and Hagerty for leading the bipartisan initiative, stressing the importance of protecting consumers from trigger leads abuses as the spring homebuying season approaches.
#mortgage-legislation #digital-marketing #consumer-protection #bipartisan-support #homebuyers-privacy
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