03/06/2026
🚨 HUGE WIN FOR HOMEBUYERS (and honestly the entire mortgage industry!) 🚨
This is some of the best news I’ve read in a long time. After 8 plus years of pushing for change, the Homebuyers Privacy Protection Act is finally becoming reality — effective today! 🏡🎉
And if you’ve ever applied for a mortgage, you’ll understand why this is such a big deal.
Here’s what used to happen…
A buyer applies for a mortgage with a lender they trust.
Within minutes, their credit inquiry gets sold by the credit bureaus.
And then the madness begins.
📞 30… 50… sometimes 100+ phone calls
From lenders they’ve never heard of.
The worst part?
Most buyers think their lender sold their information.
But the truth is… we didn’t.
The credit bureaus did.
Companies buy these trigger leads through the credit bureaus like:
• Experian
• Equifax
• TransUnion
So the moment you apply for a home
☎️ Your phone starts blowing up.
Not exactly the exciting homebuying experience anyone dreams about.
But that’s finally changing.
The Homebuyers Privacy Protection Act will restrict credit bureaus from selling a consumer’s information after a mortgage credit pull unless the buyer gives permission.
That means:
✔ Way fewer spam calls
✔ More privacy for homebuyers
✔ A smoother, less stressful mortgage process
✔ Buyers can focus on working with the lender they actually trust
For those of us who build our business on relationships, referrals, and doing right by our clients, this is a massive win.
Long overdue… but a huge step in the right direction for every future homeowner. 🏡
If you still want opt out you can!
