HJRES 47
Model: gemini-2.5-flash
This joint resolution aims to block a new federal rule from the Office of the Comptroller of the Currency (OCC) that would establish quality control standards for Automated Valuation Models (AVMs). If enacted, it would prevent the implementation of regulations designed to ensure the accuracy and fairness of computer-generated property valuations used in real estate transactions.
This resolution seeks to prevent the Office of the Comptroller of the Currency from implementing new quality control standards for automated property valuation models.
It impacts financial institutions, real estate professionals, and consumers involved in buying, selling, or refinancing homes.
Voters should care as it influences the reliability and fairness of property appraisals, which can affect mortgage lending practices, housing market stability, and consumer protection.
Primary sponsor
Andrew S. Clyde
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SJRES 15
A joint resolution disapproving the rule submitted by the Financial Crimes Enforcement Network relating to "Anti-Money Laundering Regulations for Residential Real Estate Transfers".
Federal • senate • committee
HJRES 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".
Federal • house • committee
HJRES 52
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Federal Housing Finance Agency relating to "Quality Control Standards for Automated Valuation Models".
Federal • house • committee
SJRES 18
A joint resolution disapproving the rule submitted by the Bureau of Consumer Financial Protection relating to "Overdraft Lending: Very Large Financial Institutions".
Federal • senate • enacted