Massachusetts H1199 protects consumers' privacy in mortgage applications by prohibiting unfair or deceptive practices.

Massachusetts H1199 amends Chapter 183 of the General Law to add a new Section 70, titled "Consumer Privacy in Mortgage Applications." It defines "mortgage trigger lead" as a consumer report obtained from a consumer reporting agency in response to an application for credit. The bill prohibits certain practices, including failing to disclose that the solicitation is based on personal information obtained without the consumer's knowledge or permission, and using information from a mortgage trigger lead to solicit consumers who have opted out of prescreened offers or to call consumers on a Do.

Massachusetts H1199 protects consumers' privacy in mortgage applications by prohibiting unfair or deceptive practices.

Massachusetts H1199 amends Chapter 183 of the General Law to add a new Section 70, titled "Consumer Privacy in Mortgage Applications." It defines "mortgage trigger lead" as a consumer report obtained from a consumer reporting agency in response to an application for credit. The bill prohibits certain practices, including failing to disclose that the solicitation is based on personal information obtained without the consumer's knowledge or permission, and using information from a mortgage trigger lead to solicit consumers who have opted out of prescreened offers or to call consumers on a Do.