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H.J. Res. 50 119th Congress House

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for…

Official title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relat… Show full official titleShow less

Official title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for Automated Valuation Models".

Introduced: February 12, 2025 Introduced by: Andrew S. Clyde Republican · Georgia See on congress.gov
Finance and Financial Sector
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 12, 2025
Referred to the House Committee on Financial Services.
Feb 12, 2025
Introduced in House
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What's happening now February 12, 2025

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

This joint resolution nullifies the final rule issued by the Office of the Comptroller of the Currency, the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration, the Consumer Financial Protection Bureau, and the Federal Housing Finance Agency titled Quality Control Standards for Automated Valuation Models and published on August 7, 2024. The rule requires the implementation of quality control standards for automated valuation models used by mortgage originators and secondary market issuers when determining the value of real estate securing a mortgage. 

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 7

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

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APA
U.S. Congress. (2026). H.J. Res. 50: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for Automated Valuation Models".. 119th Congress. Open America. https://openamerica.io/bill/119-HJRES-50/
MLA
"H.J. Res. 50: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for Automated Valuation Models".." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HJRES-50/.
Bluebook (legal)
H.J. Res. 50, 119th Cong. (2026), https://openamerica.io/bill/119-HJRES-50/.
Markdown link
[H.J. Res. 50: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for Automated Valuation Models".](https://openamerica.io/bill/119-HJRES-50/)
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