Expressing the sense of the House of Representatives with respect to the use of artificial intelligence in the financial services and housing industries.

HRES 1007 is a non-binding resolution expressing the House of Representatives' view on artificial intelligence (AI) in financial services and housing. It highlights AI's current uses - like mortgage underwriting, fraud detection, and compliance - and identifies concerns including risks of algorithmic bias, challenges for small financial institutions, and cybersecurity vulnerabilities. The resolution directs the House Financial Services Committee to lead policy discussions, ensure anti-discrimination laws apply to AI, support smaller institutions, and promote innovation while safeguarding consumers. It does not create new laws but urges oversight and regulatory coordination to address AI's evolving role in these sectors.