Homebuyers Privacy Protection Act
Effective March 5, 2026, the Homebuyers Privacy Protection Act introduced new rules designed to better protect consumers during the mortgage application process. These changes help give homebuyers more control over their personal information and reduce unwanted solicitations from outside lenders.
Here’s what this update means for you.
Your Consent. Your Control.
Under the new law, credit reporting agencies can no longer sell your information to other companies when you apply for home financing, with limited exceptions.
This means your credit information cannot be shared with other lenders unless:
- You provide permission, or
- You already have an existing account with the lender purchasing the information
This added protection helps ensure that your personal information stays within your control throughout the mortgage process.
Fewer Unsolicited Calls and Offers
Many borrowers have experienced an increase in unsolicited calls, emails, or messages after applying for a mortgage. These are often triggered when credit inquiry data is sold to other companies.
With the new privacy protections in place, homebuyers should see fewer unsolicited mortgage offers and communications from outside lenders when applying for financing.
Your Information Remains Secure with GMFS Mortgage
At GMFS Mortgage, protecting your information has always been a top priority.
We share your personal and financial information only with authorized team members and trusted service partners who are directly involved in your loan transaction. These safeguards remain in place as part of our ongoing commitment to privacy and security.
Peace of Mind Throughout the Loan Process
Even with these new protections, it’s important to stay alert. If you receive unexpected requests for documentation, payment, or sensitive information, we encourage you to reach out to us directly.
Our team is always available to:
- Answer questions about communications you receive
- Confirm whether a request is legitimate
- Walk you through any step of the loan process
- Help ensure your information stays protected
Questions? We’re Here to Help.
The mortgage process should feel secure and transparent. If you have questions about the Homebuyers Privacy Protection Act or about how your information is handled during your loan process, the GMFS Mortgage team is here to help every step of the way.
Your privacy matters—and your information is in good hands.