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Introduced on February 12, 2025 by Andrew S. Clyde
This measure would cancel a rule from the Consumer Financial Protection Bureau about “Quality Control Standards for Automated Valuation Models.” In plain terms, it aims to block that rule from taking effect, so the rule would not apply if this resolution becomes law .
| Key point | What it means |
|---|---|
| Who is affected | People and businesses covered by the CFPB rule on automated valuation models (the rule would be blocked) |
| What changes | The CFPB’s rule on “Quality Control Standards for Automated Valuation Models” would not take effect |
| When | If and when this resolution is enacted into law |