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

This joint resolution seeks to exercise congressional disapproval over a specific rule promulgated by the Federal Housing Finance Agency (FHFA) . The rule, titled "Quality Control Standards for Automated Valuation Models," was published in the Federal Register on August 7, 2024, and is the subject of this legislative action. Utilizing the authority granted by the Congressional Review Act , this resolution declares that Congress disapproves of the FHFA's rule. If passed and enacted, the resolution would ensure that the aforementioned rule has no force or effect , thereby preventing its implementation and any associated regulatory impact.