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 joint resolution would use the Congressional Review Act to disapprove a rule submitted by the Bureau of Consumer Financial Protection. Specifically, it targets the bureau's decision to withdraw a rule that applied Regulation Z's ability-to-repay requirements to certain situations involving successors-in-interest in mortgages. If enacted, this disapproval would prevent the withdrawal from taking effect and keep the original protections in place. The resolution is currently referred to the Senate Committee on Banking, Housing, and Urban Affairs for consideration. As a binding joint resolution, it would have the force of law if passed by both chambers and signed by the president, directly affecting how mortgage lenders must assess borrowers' ability to repay loans in successor situations.