Homebuyers Privacy Protection Act

Hozzl · 2025-07-15T22:39:39Z

Explore the details of Senate Bill 1467 Homebuyers Privacy Protection Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

7/15/2025, 10:39 PM

Summary of Bill S 1467

This bill, introduced in the 119th session of Congress, aims to amend the Fair Credit Reporting Act to restrict consumer reporting agencies from providing consumer reports in specified situations. The bill may have additional purposes beyond this amendment, which are not detailed in the provided context.

Congressional Summary of S 1467

Homebuyers Privacy Protection Act

This bill limits the circumstances in which credit reporting agencies may provide consumer credit reports to third parties in connection with residential mortgage transactions.

Specifically, the bill prohibits a credit reporting agency from providing a consumer's credit report to a third party in connection with a residential mortgage transaction unless the transaction consists of a firm offer of credit or insurance and (1) the third party provides documentation certifying that it has the consumer's consent; or (2) the third party has originated a mortgage on behalf of the consumer, is a current mortgage loan servicer to the consumer, or has a current specified banking relationship with the consumer.

These provisions take effect 180 days after the bill's enactment.

Read the Full Bill

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Current Status of Bill S 1467

Bill S 1467 is currently in the status of Passed in Senate since June 12, 2025. Bill S 1467 was introduced during Congress 119 and was introduced to the Senate on April 10, 2025. Bill S 1467's most recent activity was Held at the desk. as of June 17, 2025

Bipartisan Support of Bill S 1467

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

198

Democrat Cosponsors

115

Republican Cosponsors

Unaffiliated Cosponsors

Policy Area and Potential Impact of Bill S 1467

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill S 1467

A bill to amend the Fair Credit Reporting Act to prevent consumer reporting agencies from furnishing consumer reports under certain circumstances, and for other purposes.

Comments

Brian Adkins

724

9 months ago

I think this bill is good for us homebuyers. How will it impact us in the long run?

Jimena Walsh

785

9 months ago

This bill is so dumb, like seriously? Who even came up with this crap? It's like they want to invade our privacy and control every aspect of our lives. I can't believe they think this is a good idea. It's just another way for the government to stick their noses where they don't belong. I'm so over it. #ridiculous

Justin Mayo

806

11 months ago

I don't support this bill, it could impact my privacy as a homebuyer in UT.

Scout Rogers

812

11 months ago

Well, isn't this just great? Another bill that's going to invade my privacy and make it even harder for me to buy a home. Like I don't have enough to worry about already. Thanks a lot, government. #annoyed #privacyinvasion