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".

This joint resolution would use the Congressional Review Act to cancel a May 2025 action by the Bureau of Consumer Financial Protection. In that action, the Bureau withdrew a 2014 rule explaining how the federal mortgage "ability-to-repay" requirement applies to successors-in-interest. Successors-in-interest are people, such as heirs or family members, who receive ownership of a home that still has a mortgage. If passed, the Bureau's withdrawal would have no force or effect.

Full text and official record on Congress.gov

Sponsors

• Cleo Fields Democrat sponsor
• 0 cosponsors