Borrowers Finally Free From Credit Spam!

Trigger leads are finally being limited — and the Homebuyers Privacy Protection Act goes into effect today.
In this episode, Rich breaks down what the new law actually does, which trigger leads are banned, and how this impacts lenders, servicers, and consumers. Plus, we recap major affordability initiatives coming from the MBA, Fannie Mae, and Freddie Mac — including LLPA changes, FHA MIP adjustments, multiple ADUs, manufactured housing, and easing builder restrictions.

We cover:

• What the new Homebuyers Privacy Protection Act changes
• Which trigger leads stay and which are gone
• How lenders, servicers & banks will handle consumer data going forward
• Advocacy efforts from the MBA
• Upcoming affordability pushes from the GSEs
• What loan officers should expect in a midterm election year

Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.

The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.