S. 1749 · 116th Congress
Protecting Affordable Mortgages for Veterans Act of 2019
Law · 116-33 · Jul 25, 2019Key: what the circles and colors mean
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Became law without a recorded vote. It passed by voice vote or unanimous consent, which don't record how each member voted.
D
SinemaSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- Senate Introduced Jun 5, 2019
- Senate Passed Jun 5, 2019
- House Passed Jul 9, 2019
- President To the President Jul 15, 2019
- President Signed Jul 25, 2019
- Law Jul 25, 2019
This bill revises loan seasoning requirements related to a refinanced Department of Veterans Affairs (VA) housing loan. Under current law, the VA is prohibited from guaranteeing a refinanced home loan until the date that is the later of (1) the date on which the sixth monthly payment is made, or (2) the date that is 210 days after the first payment is made.
What it does: CRS summary · Public Law · Jul 25, 2019
Protecting Affordable Mortgages for Veterans Act of 2019
This bill revises loan seasoning requirements related to a refinanced Department of Veterans Affairs (VA) housing loan. Under current law, the VA is prohibited from guaranteeing a refinanced home loan until the date that is the later of (1) the date on which the sixth monthly payment is made, or (2) the date that is 210 days after the first payment is made. This bill modifies this date to (1) when the borrower has made six consecutive monthly payments, or (2) 210 days after the first payment is due.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Protecting Affordable Mortgages for Veterans Act of 2019
Latest action (Jul 25, 2019): Became Public Law No: 116-33.
Policy area: Housing and Community Development · Origin: Senate · Introduced: Jun 5, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- Senate Introduced Jun 5, 2019
- Senate Passed Jun 5, 2019
- House Passed Jul 9, 2019
- President To the President Jul 15, 2019
- President Signed Jul 25, 2019
- Law Jul 25, 2019
No recorded floor vote found.