SJ.Res. 146 · 119th Congress

A joint resolution 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 the withdrawal of the rule relating to "Application of Regulation Z's Ability-To-Repay Rule to Certain Situations Involving Successors-In-Interest".

This is a congressional resolution that blocks a recent decision by the Consumer Financial Protection Bureau (CFPB). Here's what's happening: Back in 2014, the CFPB created a rule about mortgage lending that protected borrowers when someone inherits a home with an existing mortgage (called a "successor-in-interest")…

Sponsor

Schiff, Adam B. (D-California)

Introduced

2026-03-25

Policy area

Finance and Financial Sector