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Aid for Veterans with Mortgage Payment Difficulties

This law introduces new assistance options for veterans struggling with mortgage payments guaranteed by the Department of Veterans Affairs. It helps veterans avoid home foreclosure and provides the Department with new tools to manage such situations. Funding for programs supporting homeless veterans has also been increased.
Key points
The Department of Veterans Affairs can now pay a portion of a veteran's mortgage debt to prevent home foreclosure.
A "Partial Claim Program" has been introduced, allowing the Department to purchase a portion of the debt, reducing the veteran's burden.
Funding for programs assisting homeless veterans has been increased, providing more support for those in need.
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Became Law
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Additional Information
Print number: 119_HR_1815
Sponsor: Rep. Van Orden, Derrick [R-WI-3]
Process start date: 2025-03-03
Lustra uses Artificial Intelligence. Verify details in source documents.
Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

VA Home Loan Program Reform Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1815.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-03-03.

What are the main provisions?

Key points include:

  • The Department of Veterans Affairs can now pay a portion of a veteran's mortgage debt to prevent home foreclosure.
  • A "Partial Claim Program" has been introduced, allowing the Department to purchase a portion of the debt, reducing the veteran's burden.
  • Funding for programs assisting homeless veterans has been increased, providing more support for those in need.
What is the specific legal status?

The current status is Became Law.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Van Orden, Derrick [R-WI-3].

What is the latest detailed status?

The latest detailed status is: Became Public Law No: 119-31.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

Benefits Real Estate