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".

Referred to the House Committee on Financial Services.

2026-04-30

Congress would reject a recent decision by the Consumer Financial Protection Bureau to withdraw protections that required lenders to verify borrowers could actually afford their loans before approving them. This would restore rules that applied to situations where someone takes over another person's mortgage or loan obligation. The change would reinstate lending standards that protect consumers from being approved for loans they cannot repay.