All Roll Calls
Yes: 216 • No: 1
GeorgiaHB 2402025-2026 Regular SessionHouseWALLET
Mortgage lenders and brokers; prohibit unfair or deceptive practices in consumer transactions related to mortgage trigger leads
Sponsored By: Demetrius Douglas (Democrat), Scott Hilton (Republican), Trey Rhodes (Republican), Jason Ridley (Republican), Will Wade (Republican), Noel Williams (Republican)
Signed by Governor
Banks & BankingBanking and Financial InstitutionsGeneral Bill
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Bill Overview
Analyzed Economic Effects
2 provisions identified: 1 benefits, 1 costs, 0 mixed.
New limits on mortgage trigger solicitations
The law defines a “mortgage trigger lead” as a credit report pulled after you apply for a mortgage. Reports from your original lender or your loan servicer are not trigger leads. Companies using trigger leads must say in the first contact that they are not your original lender and must follow prescreen rules, including a firm offer of credit. They cannot use data for people who opted out of prescreened offers or are on the federal do-not-call list. They also cannot bait-and-switch by offering terms they plan to worsen later.
Penalties for mortgage trigger-lead violations
Mortgage lenders and brokers face licensing enforcement for unfair or deceptive trigger-lead solicitations banned by the law. These violations are unlawful under the Fair Business Practices Act and can lead to penalties under state mortgage licensing rules.
Sponsors & Cosponsors
Sponsors
Demetrius Douglas
Democrat • House
Scott Hilton
Republican • House
Trey Rhodes
Republican • House
Jason Ridley
Republican • House
Will Wade
Republican • House
Noel Williams
Republican • House
Cosponsors
Matt Brass
Republican • Senate
Roll Call Votes
Senate vote • 3/31/2025
PASSAGE
Yes: 51 • No: 1
House vote • 2/28/2025
PASSAGE
Yes: 165 • No: 0
Actions Timeline
House Date Signed by Governor
5/13/2025HouseAct 177
5/13/2025Effective Date
5/13/2025House Sent to Governor
4/7/2025HouseSenate Tabled
3/31/2025SenateSenate Taken from Table
3/31/2025SenateSenate Third Read
3/31/2025SenateSenate Passed/Adopted
3/31/2025SenateSenate Read Second Time
3/18/2025SenateSenate Committee Favorably Reported
3/13/2025SenateSenate Read and Referred
3/3/2025SenateHouse Third Readers
2/28/2025HouseHouse Passed/Adopted
2/28/2025HouseHouse Committee Favorably Reported
2/20/2025HouseHouse Second Readers
2/6/2025HouseHouse First Readers
2/5/2025HouseHouse Hopper
2/4/2025House
Bill Text
HB 240/AP* (v3)
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