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Restrictions on VA Mortgage Loan Fee Changes

This proposal aims to prevent changes to veterans' mortgage loan fees if those changes would generate savings but also include unrelated costs. This means any future bills concerning these fees must be strictly tied to veterans' housing benefits or the loan program's stability to avoid hidden costs for taxpayers.
Key points
Prohibits considering bills that change VA mortgage loan fees if they create savings but also introduce unrelated costs.
Any fee changes must be directly related to veterans' housing benefits or the loan program's financial health.
The goal is to protect the VA home loan program from unrelated expenditures.
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Additional Information
Print number: 117_HRES_1408
Sponsor: Rep. Long, Billy [R-MO-7]
Process start date: 2022-09-29