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 "Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed".

Referred to the House Committee on Financial Services.

2026-04-30

Congress would reject a decision by the Consumer Financial Protection Bureau to withdraw protections for people buying homes through contracts for deed, which are alternative financing arrangements that often lack the safeguards of traditional mortgages. This would force the agency to keep rules in place that require lenders to clearly disclose loan terms and give buyers time to review documents before signing. The measure affects low-income homebuyers and consumers who use these alternative financing methods instead of bank mortgages.