Here’s some non-triggering news: The Homebuyers Privacy Protection Act — better known as the “trigger leads bill” — was signed into law Friday by President Donald Trump.
The bipartisan legislation, which aims to curb abusive spam calls to prospective homebuyers, was co-sponsored by U.S. representatives John Rose, R-Tenn., and Ritchie Torres, D-N.Y.
“I’m pleased to see President Trump signed the bipartisan Homebuyers Privacy Protection Act into law,” House Committee on Financial Services Chairman French Hill, R-Ark., said in a statement. “I also want to thank Reps. Rose and Torres for their tireless work on this issue over the last two Congresses. This important bill protects homebuyers’ personal financial information, while encouraging competition and choice in the mortgage market.”
A previous version of the bill passed in the Senate in December. However, it failed to move forward in the House of Representative last year. But support for the legislation steadily gained momentum this year, partly due to the backing of several mortgage industry trade groups.
In April, National Association of Mortgage Brokers (NAMB) President Jim Nabors told Scotsman Guide that the trigger leads bill was “the No. 1 issue for NAMB right now.” He was understandably pleased by the news that it has now become law.
“With this critical legislation becoming law, NAMB believes consumers now have more control over the information they receive as part of the homebuying process, and they can now eliminate trigger lead abuses while preserving their use in appropriately limited circumstances,” Nabors said in a statement.
He added: “This isn’t just a victory for the mortgage industry. It’s a win for every American striving for the dream of homeownership, free from the fear that their personal information could be misused.”
The Broker Action Coalition (BAC) lobbied hard for this bill. Brendan McKay, the group’s chief advocacy officer and co-founder, told Scotsman Guide that BAC is “proud to see this fight reach the finish line.”
“Brokers have been calling for an end to trigger leads for years, and this bill delivers on that demand,” McKay stated in an email, praising the coalition of industry voices the Mortgage Bankers Association (MBA) brought together to strengthen the effort. “It shows what can be accomplished when collaboration takes precedence over competition. The BAC is committed to keeping that momentum going.”
Bob Broeksmit, president and CEO of the MBA, also praised Trump’s signing of the bill.
“This new law is a major victory for mortgage borrowers that will protect them from the barrage of unwanted calls, texts and emails they too often received immediately after applying for a mortgage,” Broeksmit stated. “It will create a more efficient, responsible and respectful homebuying process when it goes into effect on March 5, 2026.”
