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Legislation targets mortgage spam calls tied to 'trigger leads'

The article from Yahoo News discusses new legislation introduced by U.S. Senators, including Ron Wyden and Mike Crapo, aimed at curbing the increasing number of spam calls related to mortgages. The proposed bill, named the "Stop the Spam Calls Act," seeks to enhance the enforcement powers of the Federal Trade Commission (FTC) and the Federal Communications Commission (FCC) to crack down on these unwanted calls. The legislation comes in response to a surge in robocalls and spam calls, particularly targeting homeowners with offers for mortgage refinancing or modifications. The bill also proposes to increase penalties for violators and improve the Do Not Call Registry's effectiveness. Senators hope that by passing this act, they can provide relief to consumers overwhelmed by these intrusive calls.

Read the Full NewsNation Article at:
[ https://www.yahoo.com/news/legislation-targets-mortgage-spam-calls-221324886.html ]