Restoring the VA Home Loan Program in Perpetuity Act of 2025

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Latest Action

Mar 10, 2025

Subcommittee Hearings Held

Actions (5)

Subcommittee Hearings Held

Type: Committee | Source: House committee actions | Code: H21000

Mar 10, 2025

Referred to the Subcommittee on Economic Opportunity.

Type: Committee | Source: House committee actions | Code: H11000

Mar 10, 2025

Referred to the House Committee on Veterans' Affairs.

Type: IntroReferral | Source: House floor actions | Code: H11100

Mar 3, 2025

Introduced in House

Type: IntroReferral | Source: Library of Congress | Code: Intro-H

Mar 3, 2025

Introduced in House

Type: IntroReferral | Source: Library of Congress | Code: 1000

Mar 3, 2025

Subjects (5)

Armed Forces and National Security (Policy Area) Congressional oversight Government lending and loan guarantees Government studies and investigations Veterans' loans, housing, homeless programs

Text Versions (1)

Introduced in House

Mar 3, 2025

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Full Bill Text

Length: 2,363 characters Version: Introduced in House Version Date: Mar 3, 2025 Last Updated: Nov 15, 2025 6:25 AM

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1814 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 1814

To amend title 38, United States Code, to provide for limitations on
the authority of the Secretary of Veterans Affairs to purchase certain
loans guaranteed by the Department of Veterans Affairs to avoid
default, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 3, 2025

Mr. Van Orden introduced the following bill; which was referred to the
Committee on Veterans' Affairs

_______________________________________________________________________

A BILL

To amend title 38, United States Code, to provide for limitations on
the authority of the Secretary of Veterans Affairs to purchase certain
loans guaranteed by the Department of Veterans Affairs to avoid
default, and for other purposes.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,

SECTION 1.

This Act may be cited as the ``Restoring the VA Home Loan Program
in Perpetuity Act of 2025''.

SEC. 2.

SERVICER PURCHASER PROGRAM.

(a) Limitation.--

Section 3732 (a) (2) of title 38, United States Code, is amended by adding at the end the following new subparagraph: `` (C) During any fiscal year, the Secretary may not exercise the authority under subsections (A) and (B) with respect to more than an aggregate of 250 loans.

(a)

(2) of title 38, United States
Code, is amended by adding at the end the following new subparagraph:
``
(C) During any fiscal year, the Secretary may not exercise the
authority under subsections
(A) and
(B) with respect to more than an
aggregate of 250 loans.''.

(b) Conforming Amendment.--

Section 3720 (a) (5) of such title is amended by inserting before ``purchase'' the following: ``subject to the limitation under

(a)

(5) of such title is
amended by inserting before ``purchase'' the following: ``subject to
the limitation under

section 3732 (a) (2) (C) of this title,''.

(a)

(2)
(C) of this title,''.
(c) Study on Sale of Loans.--Not later than 180 days after the date
of the enactment of this Act, the Secretary of Veterans Affairs shall
submit to the Committees on Veterans' Affairs of the Senate and House
of Representatives a report containing the plan of the Secretary to
sell to a non-Government entity each loan acquired by the Secretary
under

section 3732 (a) (2) of title 38, United States Code, on or after May 31, 2024.

(a)

(2) of title 38, United States Code, on or after
May 31, 2024.
<all>

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1814 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 1814

 To amend title 38, United States Code, to provide for limitations on 
the authority of the Secretary of Veterans Affairs to purchase certain 
 loans guaranteed by the Department of Veterans Affairs to avoid 
 default, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 March 3, 2025

Mr. Van Orden introduced the following bill; which was referred to the 
 Committee on Veterans' Affairs

_______________________________________________________________________

 A BILL

 To amend title 38, United States Code, to provide for limitations on 
the authority of the Secretary of Veterans Affairs to purchase certain 
 loans guaranteed by the Department of Veterans Affairs to avoid 
 default, and for other purposes.

 Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

 This Act may be cited as the ``Restoring the VA Home Loan Program 
in Perpetuity Act of 2025''.

SEC. 2. LIMITATIONS ON AUTHORITY UNDER DEPARTMENT OF VETERANS AFFAIRS 
 SERVICER PURCHASER PROGRAM.

    (a) Limitation.--

Section 3732

    (a)

    (2) of title 38, United States 
Code, is amended by adding at the end the following new subparagraph:
 ``
            (C) During any fiscal year, the Secretary may not exercise the 
authority under subsections
        (A) and
        (B) with respect to more than an 
aggregate of 250 loans.''.

    (b) Conforming Amendment.--

Section 3720

    (a)

    (5) of such title is 
amended by inserting before ``purchase'' the following: ``subject to 
the limitation under 

section 3732

    (a)

    (2)
            (C) of this title,''.
            (c) Study on Sale of Loans.--Not later than 180 days after the date 
of the enactment of this Act, the Secretary of Veterans Affairs shall 
submit to the Committees on Veterans' Affairs of the Senate and House 
of Representatives a report containing the plan of the Secretary to 
sell to a non-Government entity each loan acquired by the Secretary 
under 

section 3732

    (a)

    (2) of title 38, United States Code, on or after 
May 31, 2024.
 <all>

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119-hr1814