National Update

Senate Passes Trigger Leads Bill, Heads to President for Enactment

On August 2, 2025, the Senate unanimously passed the Homeowners Privacy Protection Act of 2025, a bill that severely restricts the use of trigger leads. The bill previously passed the House and now heads to President Trump's desk for his signature and enactment into law.

NAR and a broad coalition of partners fought for years to end the use of mortgage credit trigger leads, an abusive practice where after applying for a mortgage loan, credit reporting agencies sell a consumer's data, without the consumer's knowledge or consent, to other competing lenders or mortgage brokers as leads. Consumers are then inundated with dozens of calls, emails, and texts from mortgage brokers and lenders looking to take business from the original lender. Consumers are not aware that the information that they've applied for a loan has been sold and have limited opportunities to opt out. Consumers are left frustrated, often thinking that their agent or lender has sold their information when the opposite is true.

Both chambers had previously passed their own version of the Homeowners Privacy Protection Act of 2025 in June. However, the Senate decided to take up the House-passed version, a bill that includes a study of the usefulness of text trigger leads, and passed thebill without objection.

After President Trump's signature, trigger leads will be severely limited starting in six months. NAR will continue to monitor the implementation and ensure that our members and consumers are protected.

NAR particularly thanks Senators Bill Hagerty (R-TN) and Jack Reed (D-RI), and Representatives John Rose (R-TN) and Ritchie Torres (D-NY) for their leadership on this issue.

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Senate Committee Unanimously Passes Bipartisan ROAD to Housing Act

The Senate Committee on Banking, Housing, and Urban Affairs unanimously passed the bipartisan Renewing Opportunity in the American Dream to Housing Act of 2025 (ROAD to Housing Act) in committee markup on Tuesday.

The legislation represents a comprehensive federal response to housing challenges, targeting barriers that have made it increasingly difficult for families to achieve homeownership. With housing costs consuming an ever-larger share of family budgets nationwide, the bill offers a multipronged approach to increasing supply, reducing barriers to development, and creating new pathways to homeownership.

The ROAD to Housing Act includes provisions designed to meet America's diverse housing needs.

• Building More Homes and Cutting Red Tape: Helps communities overcome zoning and other barriers, streamlines environmental reviews for housing projects, and creates grants for communities that build more homes.
• Opening Doors to Homeownership: Removes barriers that make it harder to get smaller mortgages, improves the home appraisal process, helps families save for homes, and ensures veterans know about their home loan benefits.
• Supporting Housing Innovation: Updates rules and financing for manufactured and modular homes and encourages new building technologies that make housing more affordable.
• Helping Communities Recover from Disasters: Permanently authorizes disaster recovery efforts to help communities rebuild while incorporating resilience measures to reduce repetitive losses and maintain insurability.

NAR sent a letter of strong support for the bill to Committee Chair Tim Scott and Ranking Member Elizabeth Warren. The letter stated, "We commend your leadership in crafting this landmark, comprehensive piece of legislation that addresses the full spectrum of housing needs while prioritizing pathways to homeownership for American families. NAR previously endorsed many of these provisions as standalone measures, and we appreciate this collaborative approach to addressing our nation's housing challenges."

"NAR strongly supports this bipartisan legislation that addresses housing supply, affordability, and homeownership pathways," says Shannon McGahn, executive vice president and chief advocacy officer for NAR. "At a time when homeownership increasingly feels out of reach, this legislation offers meaningful, pragmatic solutions to restore opportunity for millions of American families."

The bill now moves to the full Senate for consideration. The unanimous committee vote demonstrates bipartisan commitment to addressing America's housing affordability challenges.

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State Update

In the State of Tennessee, the legislature continues to be relatively quiet. However, on the political front, things are starting to pick up.

Earlier in August, Senator Marsha Blackburn announced her run for Governor in 2026 to replace the term limited Governor Bill Lee. Earlier this year, Congressman John Rose announced that he will be running for Governor as well. There will certainly be a lot more news on this race in the coming months.

Additionally, several state lawmakers have thrown their hats into the 7th Congressional District race to replace Congressman Mark Green. The primary election will be held on October 7 and the General Election December 2. If you live in the district, or recently moved into the district, now is the time to make sure that you are registered to vote so you can take part in that process. More information about that race can be found here.

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