TO AMEND THE FAIR MORTGAGE LENDING ACT; AND TO PROTECT A CONSUMER'S PRIVACY IN CERTAIN MORTGAGE APPLICATIONS.

HB 1184 amends the Fair Mortgage Lending Act to protect consumers' privacy during mortgage applications. It specifically prohibits lenders from knowingly using "mortgage trigger lead" information - data that identifies a consumer's mortgage application activity - in violation of the law or the federal Fair Credit Reporting Act (as it existed January 1, 2025). The bill directly affects mortgage applicants and lenders, requiring them to handle application data responsibly. Key provisions ban misuse of this sensitive information, strengthening privacy safeguards without altering loan terms or interest rates. The bill became law as Act 263 on March 12, 2025.