,,ii ,calendar ,no4 #ajd #aaith         
,,congress  #ast ,session  ,h4 ,r4 #bhjh
  ,,in ,,the ,,senate ,,of ,,the        
,,united ,,states  ,june #bd1           
#bjbe,received2 read twice and placed on
 the calendar  ,,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,kevin ,f4 ,mc,cumber1,clerk4     
,june #bd1 #bjbe,received2 read twice   
and placed on the calendar