Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Quality Control Standards for Automated Valuation Models".

This joint resolution would cancel a rule put out by several federal financial agencies in August 2024. That rule required companies that create or sell mortgages to follow certain quality standards when using computer programs to estimate the value of homes. By canceling the rule, those quality standards would no longer be required.

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