To amend title 38, United States Code, to require the Secretary of Veterans Affairs to submit to Congress a quarterly report on housing loans insured, guaranteed, or under laws administered by the Secretary, and for other purposes.
Sponsored By: Representative Whitesides, George [D-CA-27]
In Committee
Summary
Quarterly reporting would require the VA to send Congress faster, regular counts about its home loan program. The reports must cover loans made or guaranteed, denied applications, refinances, mortgage delinquencies at 60 and 90 days, and full‑time staff in the VA Home Loan Guaranty Service.
Show full summary
- Veterans and households: Congress would receive quarter-by-quarter counts of loans, denials, refinances, and delinquencies at 60 and 90 days, giving lawmakers more timely data about mortgage outcomes.
- VA operations: The VA would have to include the new quarterly report as an addition to its existing annual report and list the number of full-time employees in the Home Loan Guaranty Service.
- Congressional oversight: The House and Senate Veterans' Affairs committees would get these reports for the preceding quarter, allowing closer, regular tracking of loan volume and staffing trends.
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Bill Overview
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Sponsors & CoSponsors
Sponsor
Whitesides, George [D-CA-27]
CA • D
Cosponsors
There are no cosponsors for this bill.
Roll Call Votes
No roll call votes available for this bill.
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