FAIR Veterans Act of 2025

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Latest Action

Apr 17, 2025

Referred to the House Committee on Veterans' Affairs.

Actions (4)

Referred to the House Committee on Veterans' Affairs.

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

Apr 17, 2025

Introduced in House

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

Apr 17, 2025

Introduced in House

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

Apr 17, 2025

Sponsor introductory remarks on measure. (CR H1433)

Type: IntroReferral | Source: Library of Congress | Code: B00100

Apr 7, 2025

Subjects (1)

Armed Forces and National Security (Policy Area)

Text Versions (1)

Introduced in House

Apr 17, 2025

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Full Bill Text

Length: 2,218 characters Version: Introduced in House Version Date: Apr 17, 2025 Last Updated: Nov 14, 2025 6:21 AM

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2963 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 2963

To express the sense of Congress regarding the exercise by the
Department of Veterans Affairs of the authority under the Veterans
Affairs Servicing Purchasing program, and for other purposes.

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

April 17, 2025

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

_______________________________________________________________________

A BILL

To express the sense of Congress regarding the exercise by the
Department of Veterans Affairs of the authority under the Veterans
Affairs Servicing Purchasing program, 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 ``Foreclosure Assistance Immediately
Reinstated for Veterans Act of 2025'' or the ``FAIR Veterans Act of
2025''.

SEC. 2.

EXERCISE OF AUTHORITY UNDER VETERANS AFFAIRS SERVICING
PURCHASING PROGRAM.

(a) Sense of Congress.--It is the sense of Congress that--

(1) the foreclosure on a home purchased by a veteran with a
loan guaranteed by the Department of Veterans Affairs should be
the last resort; and

(2) the Department should use the authority under

section 3732 (a) (2) of title 38, United States Code, and other authorities under the laws administered by the Secretary to help as many veterans as possible keep their homes.

(a)

(2) of title 38, United States Code, and other
authorities under the laws administered by the Secretary to
help as many veterans as possible keep their homes.

(b) Clarification Regarding VASP Program.--

Section 3732 (a) (2) (A) of title 38, United States Code, is amended by striking ``Before'' and inserting ``The Secretary shall carry out a program under which the Secretary may pay the holder of the obligation the unpaid balance of the obligation plus accrued interest and receive an assignment of the loan and security.

(a)

(2)
(A) of
title 38, United States Code, is amended by striking ``Before'' and
inserting ``The Secretary shall carry out a program under which the
Secretary may pay the holder of the obligation the unpaid balance of
the obligation plus accrued interest and receive an assignment of the
loan and security. To participate in the program, before''.
<all>

[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2963 Introduced in House

    (IH) ]

<DOC>

119th CONGRESS
 1st Session
 H. R. 2963

 To express the sense of Congress regarding the exercise by the 
 Department of Veterans Affairs of the authority under the Veterans 
 Affairs Servicing Purchasing program, and for other purposes.

_______________________________________________________________________

 IN THE HOUSE OF REPRESENTATIVES

 April 17, 2025

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

_______________________________________________________________________

 A BILL

 To express the sense of Congress regarding the exercise by the 
 Department of Veterans Affairs of the authority under the Veterans 
 Affairs Servicing Purchasing program, 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 ``Foreclosure Assistance Immediately 
Reinstated for Veterans Act of 2025'' or the ``FAIR Veterans Act of 
2025''.

SEC. 2. SENSE OF CONGRESS REGARDING DEPARTMENT OF VETERANS AFFAIRS 
 EXERCISE OF AUTHORITY UNDER VETERANS AFFAIRS SERVICING 
 PURCHASING PROGRAM.

    (a) Sense of Congress.--It is the sense of Congress that--

    (1) the foreclosure on a home purchased by a veteran with a 
 loan guaranteed by the Department of Veterans Affairs should be 
 the last resort; and

    (2) the Department should use the authority under 

section 3732

    (a)

    (2) of title 38, United States Code, and other 
 authorities under the laws administered by the Secretary to 
 help as many veterans as possible keep their homes.

    (b) Clarification Regarding VASP Program.--

Section 3732

    (a)

    (2)
        (A) of 
title 38, United States Code, is amended by striking ``Before'' and 
inserting ``The Secretary shall carry out a program under which the 
Secretary may pay the holder of the obligation the unpaid balance of 
the obligation plus accrued interest and receive an assignment of the 
loan and security. To participate in the program, before''.
 <all>

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119-hr2963