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S. 3068 · 118th Congress

VA Home Loan Awareness Act of 2023

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Passed the Senate without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 118th Congress ended.

  1. Senate Introduced Oct 18, 2023
  2. Senate Passed Jul 11, 2024

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…

What it does: CRS summary · Passed Senate · Jul 11, 2024

VA Home Loan Awareness Act of 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 nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: VA Home Loan Awareness Act of 2023

Latest action (Jul 15, 2024): Held at the desk.

Policy area: Housing and Community Development · Origin: Senate · Introduced: Oct 18, 2023

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

  1. Senate Introduced Oct 18, 2023
  2. Senate Passed Jul 11, 2024

No recorded floor vote found.