IA SSB1145

Prohibits financial institutions from using unfair or deceptive practices when soliciting consumers with prescreened mortgage trigger lead information derived from consumer reports, where the consumer has applied for a loan with a different financial institution

Defines "mortgage trigger lead" as a consumer report triggered by a credit inquiry when someone applies for credit, but excludes reports obtained by the original lender or a financial institution already servicing the consumer's existing credit

Requires financial institutions making initial solicitations to clearly and conspicuously disclose they are not affiliated with the financial institution where the consumer originally applied

Deems practices unfair or deceptive when a financial institution: fails to comply with state and federal prescreened solicitation laws, contacts consumers who opted out of prescreened offers or registered on the federal do-not-call list, or changes offered rates, terms, or costs to the consumer's detriment

Makes violations an unlawful practice under Iowa Code section 714.16 (Consumer Frauds Act)