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Senate Amendment 2358 has been wiped from the NDAA FY 2025 Brokers Action Coalition (BAC) announced earlier this week that Senate Amendment 2358, which aims to limit the use of mortgage trigger leads, ...
“We also opportunistically entered the mortgage brokering market during a cyclical trough ... signaling that brokers do not hold the same contempt for internet leads sold by companies like LendingTree ...
When a consumer submits a loan application that triggers a hard credit pull, typical for a mortgage application, credit bureaus may notify other lenders that purchase leads from the bureaus ...
Mortgage trigger leads are legal under the Fair Credit Reporting Act, with the idea being they help homebuyers shop around for lower rates or better terms, Green said. But often, the sheer number ...
Luke Brennan pays some of his bills by Internet and goes online daily to check his account balance.