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".

This joint resolution would cancel a rule made by several federal financial agencies in August 2024. The rule requires mortgage lenders and other companies to follow quality control standards when they use computer programs to determine how much a house or property is worth for a mortgage. The joint resolution would eliminate these requirements for automated property valuation systems.

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