; and (bb) submit to the chairperson a report on that review; and (II) after reviewing the reports submitted under subclause (I), the chairperson shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a certification with respect to whether or not the list described in subclause (I)(aa) is up to date and, if not, an explanation of why not. .