# 119-hr-2963: FAIR Veterans Act of 2025

119-hr-2963, FAIR Veterans Act of 2025, is a 119th Congress bill sponsored by Rep. Takano, Mark [D-CA-39] (D-CA); status in_committee; PRIA reads it as touching household money (as of 2026-04-21).

- Canonical: https://policyrisk.com/legislation/119-hr-2963
- As of: 2026-04-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-2963
- Congress: 119
- Title: FAIR Veterans Act of 2025
- Status: in_committee
- Introduced: 2025-04-17
- Sponsor: Rep. Takano, Mark [D-CA-39] (D-CA)
- Cosponsors: 0
- Policy area: Armed Forces and National Security
- Touches household money: yes
- Last recorded action: 2026-04-21

## Summary

**Keeping veterans in their homes** is the central goal of this bill. It would push the Department of Veterans Affairs to use its loan-servicing powers to avoid foreclosure and set up a program to pay loan holders the unpaid balance plus accrued interest and take assignment of those loans. - Veterans and families: Would steer VA policy toward stronger loss mitigation so more veterans could avoid foreclosure and stay in their homes. - Loan holders and servicers: Would let the VA compensate lenders for unpaid balances plus accrued interest and receive assignments of VA-guaranteed loans and their security. - Department of Veterans Affairs and federal operations: Would create or clarify a program framework under 38 U.S.C. 3732(a)(2)(A) for loan assignment and transfer, and the provided text does not include new funding authorizations or detailed participation terms.

## Provisions PRIA read

- More foreclosure help for veteran homeowners: benefit, high. If enacted, veteran homeowners with VA‑guaranteed mortgages could get a new path to avoid foreclosure. VA would be directed to run a program that can pay your lender the unpaid balance plus accrued interest. In return, VA would take over your loan and the mortgage security. The bill also says forec…

## Related bills

- 119-hr-7977: Energy Bills Relief Act
- 119-hr-7481: Department of Homeland Security Appropriations Act, 2026
- 119-hr-7973: Momnibus Act
- 119-hr-3971: Domestic Workers Bill of Rights Act
- 119-hr-3069: Medicare for All Act
- 119-hr-7853: PrEP Access and Coverage Act of 2026

## Sources
- [119-hr-2963 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/2963)

## Related
- [119-hr-7977: Energy Bills Relief Act](https://policyrisk.com/legislation/119-hr-7977)
- [119-hr-7481: Department of Homeland Security Appropriations Act, 2026](https://policyrisk.com/legislation/119-hr-7481)
- [119-hr-7973: Momnibus Act](https://policyrisk.com/legislation/119-hr-7973)
- [119-hr-3971: Domestic Workers Bill of Rights Act](https://policyrisk.com/legislation/119-hr-3971)
- [119-hr-3069: Medicare for All Act](https://policyrisk.com/legislation/119-hr-3069)
- [119-hr-7853: PrEP Access and Coverage Act of 2026](https://policyrisk.com/legislation/119-hr-7853)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-2963 (as of 2026-04-21).