CONGRESS FOR VOTERS

RepublicanBill · H.J.Res. 51· House(119-HJRES-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".

Rep. Clyde
Age: 63 years
Georgia
Introduced
2/12/2025
Last activity
2/12/2025 — Referred to the House Committee on Financial Services.
Sponsored by
Andrew Clyde
Cosponsors
None
Finance and Financial Sector
  1. Introduced
  2. In Committee

What this bill would do

This joint resolution aims to express congressional disapproval of a specific rule. The rule was submitted by the Bureau of Consumer Financial Protection. It relates to "Quality Control Standards for Automated Valuation Models." If passed, the resolution would ensure the rule has no force or effect.

Yes

No question was scored yes.

The opposite· 3 of 4

  • Does this give people more protection from unfair business practices?-5

    The resolution nullifies quality control standards for automated valuation models, which could reduce protections against inaccurate property valuations.

  • Would households on low incomes be better off under this?-3

    Removing quality control standards for automated property valuations may lead to less reliable home equity assessments for low-income homeowners.

  • Would middle-income households be better off under this?-3

    The removal of valuation standards could negatively impact the accuracy of property values used by middle-class homeowners.