Politiparty
Politiparty

118th Congress Housing and Community Development

H.R. 5979: VA Home Loan Awareness Act of 2023

Introduced

  1. Introduced (completed)Oct 18, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Oct 18, 2023

This bill requires Fannie Mae and Freddie Mac to include on the Uniform Residential Loan Application (i.e., Fannie Mae Form 1003/ Freddie Mac Form 65) a disclosure that (1) notifies applicants with military service that they may qualify for a Department of Veterans Affairs (VA) Home Loan, and (2) directs applicants to consult their lender regarding eligibility.

Not later than 18 months after the enactment of the bill, the Government Accountability Office must study and report on whether at least 80% of lenders using the loan application form have met this requirement.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

24

Bipartisan support.

Who scored on this bill

6 points earned
  1. 1Mónica De La Cruz R-TX SponsorDrew cross-party cosponsors, introduced2 events+6
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Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Mónica De La Cruz

History

  1. Oct 18, 2023Introduced in the House by Mónica De La Cruz.
Show the full action history (2 actions)
  1. Oct 25, 2023Referred to the House Committee on Financial Services.
  2. Oct 18, 2023Introduced in House