VA Home Loan Program Reform Act
Introduced Mar 3, 2025 by Rep. Derrick Van Orden
Signed into law.
This act authorizes the Department of Veterans Affairs (VA) to take certain actions in cases of default on home loans under the VA home loan program, establishes a partial claim program, and temporarily increases amounts authorized for transitional housing and supportive services for veterans who are experiencing homelessness.
First, the act authorizes the VA to pay the holder of a loan guaranteed by the VA an amount necessary to avoid the foreclosure of the loan, provided that the holder of the loan and the veteran obligated on the loan execute documents to ensure the VA obtains a secured interest in the property covered by the loan.
The VA must prescribe loss mitigation procedures to help prevent the foreclosure of such a home loan. The VA may not take specified administrative actions (e.g., consent to the modification of loan terms) until the sequence of mitigation options has been completed.
Next, the act establishes a five-year Partial Claim Program under which the VA may make a partial claim (purchase a portion of the indebtedness) on VA loans for primary residences that are in default or at imminent risk of default. Individuals who default on loans for which the VA has made a partial claim under this program must be liable to the VA for any loss resulting from the default.
Read the full summary on Congress.govSummary by the Congressional Research Service.
No recorded roll-call vote on this bill — it may have passed by voice vote or unanimous consent, which don't record individual votes.
- Jul 30, 2025Became Public Law No: 119-31.
- Jul 30, 2025Signed by President.
- Jul 18, 2025Presented to President.
- Jul 16, 2025Message on Senate action sent to the House.
- Jul 15, 2025Passed Senate without amendment by Voice Vote. (consideration: CR S4373-4374)
- Jul 15, 2025Passed/agreed to in Senate: Passed Senate without amendment by Voice Vote.
- Jul 15, 2025Senate Committee on Veterans' Affairs discharged by Unanimous Consent.
- May 20, 2025Received in the Senate and Read twice and referred to the Committee on Veterans' Affairs.
- May 19, 2025Motion to reconsider laid on the table Agreed to without objection.
- May 19, 2025On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2126-2127)
- May 19, 2025Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2126-2127)
- May 19, 2025DEBATE - The House proceeded with forty minutes of debate on H.R. 1815.
- May 19, 2025Considered under suspension of the rules. (consideration: CR H2126-2129)
- May 19, 2025Mr. Bost moved to suspend the rules and pass the bill, as amended.
- May 19, 2025Placed on the Union Calendar, Calendar No. 77.
- May 19, 2025Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 119-104.
- May 6, 2025Committee Consideration and Mark-up Session Held
- Apr 9, 2025Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.
- Apr 9, 2025Subcommittee Consideration and Mark-up Session Held
- Mar 10, 2025Subcommittee Hearings Held
- Mar 10, 2025Referred to the Subcommittee on Economic Opportunity.
- Mar 3, 2025Referred to the House Committee on Veterans' Affairs.
- Mar 3, 2025Introduced in House