Dear Community Banker,
Our industry’s persistent advocacy has paid off again, with the Senate’s passage of ICBA-advocated legislation to restrict “trigger leads” sending the measure to President Trump to be signed into law.
The Homebuyers Privacy Protection Act (H.R. 2808)—which passed the Senate last night—would restrict credit reporting agencies from selling consumers’ contact information when they apply for a residential mortgage. These “trigger leads” have led to a deluge of solicitations for prospective homebuyers, creating hassles and confusion for consumers.
ICBA has worked closely with lawmakers for years in support of the legislation, including in a letter of support ahead of a House markup of the bill, during testimony before the House Financial Services Committee earlier this year, and via our “Repair, Reform, and Thrive” plan and open letter to the 119th Congress.
But this success—and the many others we’ve achieved thus far in 2025—are based on our industry’s strong record of service to local communities and outstanding reputation in the halls of Congress. Thank you for all that you do to serve our nation’s communities, and let’s continue working to make needed policy change in Washington.
Sincerely,
Rebeca Romero Rainey
ICBA President and CEO
