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.
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Summary
The bill amends 38 U.S.C. § 3736 to require the Secretary of Veterans Affairs to submit a quarterly report to the House and Senate Committees on Veterans' Affairs on the administration of VA housing loan benefits. Each report would cover the prior quarter and include counts of loans insured, guaranteed, or made, denied applications, refinanced loans, veterans who are 60 or 90 days late on mortgage payments, and full-time employees of the VA Home Loan Guaranty Service. The bill is currently at the subcommittee-to-full-committee stage and has not been enacted.
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