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".

This resolution would use the Congressional Review Act to cancel a May 2025 action by the Consumer Financial Protection Bureau (CFPB). In that action, the CFPB withdrew a 2014 rule explaining how its mortgage 'ability-to-repay' requirements apply when a successor-in-interest, such as a relative who inherits a home, is added to or takes over an existing mortgage. If passed, the withdrawal would have no force or effect.

Full text and official record on Congress.gov

Sponsors

• Adam B. Schiff Democrat sponsor
• 0 cosponsors