HJRES 51 119th Congress House Finance and Financial Sector

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Quality Control Standards for…

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Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Quality Control Standards for Automated Valuation Models".

Introduced: February 12, 2025 Introduced by: Clyde, Andrew S. Republican · Georgia See on congress.gov

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Feb 12, 2025

Referred to the House Committee on Financial Services.

Feb 12, 2025

Introduced in House

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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.

What's happening now February 12, 2025

Referred to the House Committee on Financial Services.

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Committees of jurisdiction 1

Financial Services Committee
House of Representatives

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APA

U.S. Congress. (2026). H.J. Res. 51: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Quality Control Standards for Automated Valuation Models".. 119th Congress. Open America. https://openamerica.io/bill/119-HJRES-51/

MLA

"H.J. Res. 51: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Quality Control Standards for Automated Valuation Models".." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HJRES-51/.

Bluebook (legal)

H.J. Res. 51, 119th Cong. (2026), https://openamerica.io/bill/119-HJRES-51/.

Markdown link

[H.J. Res. 51: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Bureau of Consumer Financial Protection relating to "Quality Control Standards for Automated Valuation Models".](https://openamerica.io/bill/119-HJRES-51/)