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Joint Resolution

A legislative proposal that, if passed by both the House and Senate and signed by the President, has the force of law. It's often used for specific purposes like disapproving an agency rule.

Office of the Comptroller of the Currency (OCC)

A bureau within the U.S. Treasury Department that regulates and supervises national banks and federal savings associations.

Automated Valuation Models (AVMs)

Computer programs that use statistical models and data to estimate the value of a property without a human appraisal. Lenders often use them for mortgages.

Quality Control Standards

Rules or guidelines established to ensure that a product, service, or process (like a computer model for valuations) meets certain levels of accuracy, reliability, and consistency.

Congressional Review Act (CRA)

A law that allows Congress to review and disapprove new rules issued by federal agencies, preventing them from taking effect. This bill is an example of a CRA resolution.

Federal Register

The official daily publication of the U.S. government for rules, proposed rules, and public notices of federal agencies, as well as executive orders and other presidential documents.