SJRES 146
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"
In Committeeenvironment
Floor Vote
Passed
Signed
Summary
**What it does:** This joint resolution would overturn a rule from the Consumer Financial Protection Bureau (CFPB) that withdrew protections for certain mortgage successors-in-interest under the "Ability-to-Repay" rule. **Who it affects:** - People who inherit homes with existing mortgages (like surviving spouses or family members) - Mortgage lenders and servicers - Anyone who takes over mortgage payments due to death, divorce, or other life changes **What would change:** If passed, this resolution would restore the CFPB's original rule that extended mortgage lending protections to successors-in-interest.