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

# Summary of HJRES 49 **What the Bill Would Do** This resolution would block a rule created by the Federal Deposit Insurance Corporation (FDIC) that sets quality control standards for automated valuation models—computer systems used to estimate property values. If passed, the rule would be rejected and unable to take effect. This is a "disapproval resolution," a legislative tool Congress uses to overturn federal agency regulations. **Who It Affects** The resolution primarily affects banks and financial institutions regulated by the FDIC, as well as companies that develop or use automated valuation models in lending and property assessment.

Indirectly, it could impact borrowers, homebuyers, and anyone involved in mortgage lending or property appraisals. **Current Status** The bill was introduced by Rep. Andrew Clyde (R-GA) in the 119th Congress and is currently in committee, meaning it has not yet been debated or voted on by the full House. The specific concerns motivating the disapproval of this FDIC rule are not detailed in the available information provided.