Mortgage applicants.
AB 2154
California Bills
20250AB__215499INT INTRODUCED 2026-02-18 2025 AB INT Introduced by Assembly Member Garcia LEAD_AUTHOR ASSEMBLY Garcia
An act to add Title 1.81.8 (commencing with
Section 1798.400) to Part of Division of the Civil Code, relating to personal information. personal information Mortgage applicants. The California Consumer Privacy Act of grants a consumer various rights with respect to personal information that is collected or sold by a business, as defined, including the right to direct a business that sells or shares personal information about the consumer to third parties not to sell or share the consumer’s personal information, as specified.
The California Financial Information Privacy Act prohibits a financial institution from selling, sharing, transferring, or otherwise disclosing nonpublic personal information to or with any nonaffiliated third parties without the explicit prior consent of the consumer to whom the nonpublic personal information relates, as prescribed. This bill would prohibit a person from selling to a third party personal information of a mortgage applicant that was collected by the person during the mortgage application process. MAJORITY NO NO NO NO NO NO NO NO NO NO The people of the State of California do enact as follows:
SECTION 1. Title 1.81.8 (commencing with
Section 1798.400) is added to Part of Division of the Civil Code , to read: 1.81.8. Mortgage Applicant Personal Information 1798.400. A person shall not sell to a third party personal information of a mortgage applicant that was collected by the person during the mortgage application process.