MA H1122

Prohibits consumer reporting agencies from selling or sharing loan application information with third parties unless the consumer explicitly consents

Applies to loan applications made with banks, credit unions, mortgage lenders, and other financial lending institutions in Massachusetts

Requires financial institutions to notify consumers of their right to opt into information-sharing services and disclose potential compensation for violations

Mandates written consent notices be displayed in clear, conspicuous format using at least 10-point type on loan applications

Amends Section 51 of Chapter 93 of the Massachusetts General Laws by adding three new consumer protection paragraphs