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Protecting Consumers from Unwanted Mortgage Offers

New rules aim to protect citizens from receiving unwanted mortgage offers. Companies will not be able to get your credit information without your consent or an existing relationship. This means fewer unsolicited calls and offers regarding mortgages.
Key points
Companies can no longer obtain your credit information for mortgage offers if they don't have a prior relationship with you or your consent.
Fewer unwanted offers and calls from companies you haven't interacted with.
Greater control over who accesses your financial information for mortgage purposes.
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Status: Expired
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Additional Information
Print number: 118_HR_4198
Sponsor: Rep. Rose, John W. [R-TN-6]
Process start date: 2023-06-16
System Note: Lustra is free, publicly auditable civic infrastructure — full source code available on GitHub. You are reading sterilized legislative data, processed by our radical neutrality engine to strip political spin and retain factual mechanics. We process only official government data. Original documents remain the authoritative source—always verify them if you can.
Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Protecting Consumers from Abusive Mortgage Leads Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_4198.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-06-16.

What are the main provisions?

Key points include:

  • Companies can no longer obtain your credit information for mortgage offers if they don't have a prior relationship with you or your consent.
  • Fewer unwanted offers and calls from companies you haven't interacted with.
  • Greater control over who accesses your financial information for mortgage purposes.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Rose, John W. [R-TN-6].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-25.

What is the impact of this bill?

We don't know—that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.

CATEGORIES

Real Estate Courts and Law Economy