Broeksmit added MBA is “more optimistic than ever that the abusive use of mortgage credit trigger leads is close to an end.” “MBA will continue to work with the sponsors and congressional leadership ...

We all hate mortgage trigger leads — they have long been a source of controversy in the home financing process. Just to give some background, a trigger lead is generated when a consumer applies for a ...

The federal bill that seeks to eliminate abusive trigger leads took a major step forward this week, advancing in the U.S. House of Representatives and reigniting hopes across the mortgage industry ...

If you applied for a mortgage recently, your phone might be ringing off the hook with competing loan offers. Legislation sailing through Congress would change that. Those calls from unknown ...

The survey found that over half (54%) of recent homebuyers with a mortgage only received one mortgage offer. However, among those who shopped around, 45% received a lower offer than their initial one.

Mortgage companies — the typical buyers for trigger leads — also face cyber attacks. But unlike traditional banks, they’re not as equipped to defend against them.