You shop around for a home loan or a home equity line-of-credit.

You apply.

Your mortgage loan originator asks and receives your permission to run credit reports.

Almost immediately after that credit report is run, you and any of your co-applicants and co-signers are on the receiving end of a plethora of phone calls, text messages and emails from numerous other mortgage lenders wanting your business.

You most likely end up frustrated and furious at the invasion of your privacy. If you wanted the world to know what you were doing, you would have announced it.

That intrusive aggravation is most likely coming to an end under the bipartisan Congressional legislation, H.R. 2808 , the Homebuyers Privacy Protection Act or so-called trigger lead legislation. The bill was passed by the Hou

See Full Page