SJRES 146 · 119th CongressIn Committeecongress.gov ↗
A joint resolution 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 the withdrawal of the rule relating to "Application of Regulation Z's Ability-To-Repay Rule to Certain Situations Involving Successors-In-Interest".
What this bill does
AI plain-language summaryThis joint resolution seeks to formally disapprove and block a rule issued by the Bureau of Consumer Financial Protection. The rule in question involves withdrawing a previous rule about how certain lending regulations (specifically the ability-to-repay requirement) apply to people who inherit or otherwise take over someone else's mortgage loan. No official summary is available for this bill.
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