This joint resolution would disapprove a rule submitted by the Bureau of Consumer Financial Protection (CFPB) that withdraws an earlier CFPB rule called "Truth in Lending (Regulation Z); Consumer Protections for Home Sales Financed Under Contracts for Deed." The resolution says the CFPB's withdrawal rule "shall have no force or effect." The text cites the earlier rule (89 Fed. Reg. 68086, Aug. 23, 2024) and the CFPB's withdrawal notice (90 Fed. Reg. 20084, May 12, 2025).
If Congress passes this resolution, it would declare that the CFPB's rule withdrawing the Regulation Z protections has no legal effect. The resolution concerns consumer protections that apply to home sales financed under contracts for deed. No other actions or effects are described in the text provided.
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