New Homebuyers Privacy Protection Act and VA Clinic Designation Signed into Law
Impact Score: 1.4
Timeline: September 5, 2025 (No specific implementation timeline)
Summary: On September 5, 2025, the President signed into law H.R. 2808, the Homebuyers Privacy Protection Act, restricting credit reporting agencies from sharing consumer credit reports in residential mortgage transactions, with exceptions. This law introduces new privacy regulations potentially affecting Vanderbilt University’s financial services and requiring policy updates. Additionally, H.R. 2170 designates the Toms River, NJ VA clinic as the Leonard G. ‘Bud’ Lomell, VA Clinic, offering opportunities for Vanderbilt’s Office of Veterans Affairs to build partnerships and expand support for veteran students.
Key Actions: Vanderbilt’s Financial Services should review compliance requirements related to the new privacy act, and the Office of Veterans Affairs should engage with the newly designated VA clinic for collaborative opportunities.
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