HJRES. 50In Committee
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".
Nullifies the federal automated valuation models rule setting quality control standards for mortgage real estate valuations
Plain-English overview
What this bill does
Nullifies the federal automated valuation models rule setting quality control standards for mortgage real estate valuations
Key points
- Repeal automated valuation models rule
Current status
Where it stands
Status
In Committee
Latest action
2025-02-12 — Referred to the House Committee on Financial Services.
Related context
Topics and policy areas
undefinedFinance and Financial Sector