H.J.Res. 50 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for Automated Valuation Models".

H.J.Res. 50 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the National Credit Union Administration relating to "Quality Control Standards for Automated Valuation Models". | JustPolicyThe main purpose of this legislative text is to allow Congress to disapprove a specific rule set by the National Credit Union Administration (NCUA). This rule pertains to the quality control standards for automated valuation models, which are used to assess the value of properties, particularly in the context of lending and financial services. Key provisions of this resolution include the formal disapproval of the NCUA's rule, which was published in the Federal Register on August 7, 2024.