#aaith ,,congress  #ast ,session  ,h4   
,r4 #bhjh  ,,an ,,act  ,to amend the    
,fair ,credit ,reporting ,act to prevent
 consumer reporting agencies from       
furnishing consumer reports under       
certain circumstances1 and for other    
purposes4  #a4 ,short title ,this ,act  
may be cited as the ,homebuyers ,privacy
 ,protection ,act4  #b4 ,treatment of   
prescreening report requests  7a7 ,in   
general ,section #fjd7;c7 of the ,fair  
,credit ,reporting ,act 7#ae ,u4,s4,c4  
#afha;b7c77 is amended by adding at the 
end the following3  7#d7 ,treatment of  
prescreening report requests  7,a7      
,definitions ,in this paragraph3 7i7    
,credit union ,the term credit union    
means a ,federal credit union or a      
,state credit union1 as those terms are 
defined1 respectively1 in section #aja  
of the ,federal ,credit ,union ,act 7#ab
 ,u4,s4,c4 #ageb74  7ii7 ,insured       
depository institution ,the term insured
 depository institution has the meaning 
given the term in section #c of the     

,federal ,deposit ,insurance ,act 7#ab  
,u4,s4,c4 #ahac7;c774  7iii7            
,residential mortgage loan ,the term    
residential mortgage loan has the       
meaning given the term in section #aejc 
of the ,s4,a4,f4,e4 ,mortgage ,licensing
 ,act of #bjjh 7#ab ,u4,s4,c4 #eajb74   
7iv7 ,servicer ,the term servicer has   
the meaning given the term in section   
#f7;i7 of the ,real ,estate ,settlement 
,procedures ,act of #aigd 7#ab ,u4,s4,c4
 #bfje7;i774  7,b7 ,limitation ,if a    
person requests a consumer report from a
 consumer reporting agency in connection
 with a credit transaction involving a  
residential mortgage loan1 that agency  
may not1 based in whole or in part on   
that request1 furnish a consumer report 
to another person under this subsection 
unless--  7i7 the transaction consists  
of a firm offer of credit or insurance2 
and  7ii7 that other person--  7,i7 has 
submitted documentation to that agency  
certifying that such other person has1  
pursuant to paragraph 7#a77;,a71 the    

authorization of the consumer to whom   
the consumer report relates2 or  7,,ii7 
7aa7 has originated a current           
residential mortgage loan of the        
consumer to whom the consumer report    
relates2  7bb7 is the servicer of a     
current residential mortgage loan of the
 consumer to whom the consumer report   
relates2 or  7cc7 7,,aa7 is an insured  
depository institution or credit union2 
and 7,,bb7 holds a current account for  
the consumer to whom the consumer report
 relates4  4  #c4 ,effective date ,this 
,act1 and the amendments made by this   
,act1 shall take effect on the date that
 is #ahj days after the date of         
enactment of this ,act4  #d4 ,,gao study
  7a7 ,in general ,the ,comptroller     
,general of the ,united ,states shall   
carry out a study on the value of       
trigger leads received by text message  
that includes input from ,state         
regulatory agencies1 mortgage lenders1  
depository institutions 7as defined in  
section #c of the ,federal ,deposit     

,insurance ,act 7#ab ,u4,s4,c4 #ahac771 
consumer reporting agencies 7as defined 
in section #fjc of the ,fair ,credit    
,reporting ,act 7#ae ,u4,s4,c4          
#afha;a771 and consumers4  7b7 ,report  
,not later than the end of the #ab-month
 period beginning on the date of        
enactment of this ,act1 the ,comptroller
 ,general shall submit to ,congress a   
report containing any findings and      
determinations made in the study        
required by subsection 7a74  ,passed the
 ,house of ,representatives ,june #bc1  
#bjbe4;,clerk4