HJRES 52 United States House · 119th Congress

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".

HJRES 52 is a procedural resolution seeking congressional disapproval of a Federal Housing Finance Agency (FHFA) rule establishing "Quality Control Standards for Automated Valuation Models" (AVMs). The bill targets the specific rule published in the Federal Register on August 7, 2024 (89 Fed. Reg. 64538), which set requirements for ensuring accuracy and reliability in software used to estimate property values. If enacted, this resolution would void the FHFA rule, preventing it from taking effect. The direct effect is on the FHFA's regulatory authority over mortgage-related valuation models used by lenders and government-backed entities like Fannie Mae and Freddie Mac.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
President
Introduced Feb 12, 2025 Last action Feb 12, 2025
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1
Feb 12, 2025
Committee
Referred to the House Committee on Financial Services.
lower
Feb 12, 2025
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

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P
Photo of Andrew S. Clyde
Andrew S. Clyde
RRepublican
GA
9