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 "Quality Control Standards for Automated Valuation Models".

HJRES 51 would block a rule proposed by the Consumer Financial Protection Bureau (CFPB) that set quality control standards for automated valuation models (AVMs) used in mortgage lending. The rule, published in August 2024, required lenders to ensure these computerized property value tools met specific accuracy and reliability standards. This resolution, if passed, would prevent the rule from taking effect, removing the requirement for lenders to comply with these standards. It directly affects mortgage lenders and financial institutions that rely on AVMs for property valuations.