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HR 1988 116th Congress House Housing and Community Development Housing finance and home ownership Interest, dividends, interest rates Veterans' loans, housing, homeless programs

Protect Affordable Mortgages for Veterans Act of 2019

Introduced: March 28, 2019 See on congress.gov
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 10, 2019
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.
Jul 9, 2019
Motion to reconsider laid on the table Agreed to without objection.
Jul 9, 2019
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5274)
Jul 9, 2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5274)
Jul 9, 2019
DEBATE - The House proceeded with forty minutes of debate on H.R. 1988.
Jul 9, 2019
Considered under suspension of the rules. (consideration: CR H5274-5276)
Jul 9, 2019
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Jul 9, 2019
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
May 1, 2019
Forwarded by Subcommittee to Full Committee by Voice Vote .
May 1, 2019
Subcommittee Consideration and Mark-up Session Held.
May 1, 2019
Referred to the Subcommittee on Economic Opportunity.
Mar 28, 2019
Referred to the Committee on Financial Services, and in addition to the Committee on Veterans' Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Mar 28, 2019
Introduced in House
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 Plain-English summary Congressional Research Service

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.

What's happening now July 10, 2019

Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.

 Related & companion bills 1
  • S 1749 Related bill Protecting Affordable Mortgages for Veterans Act of 2019
 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 7
All 7 Democratic 2 Republican 3
D
Cleaver, Emanuel
Missouri · Jul 9, 2019
Taylor, Van
· Jul 9, 2019
 R
Budd, Ted
North Carolina · Jun 13, 2019
 R
Fitzpatrick, Brian K.
Pennsylvania · May 16, 2019
 R
Barr, Andy
Kentucky · Mar 28, 2019
 D
Levin, Mike
California · Mar 28, 2019
Zeldin, Lee
· Mar 28, 2019
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1988: Protecting Affordable Mortgages for Veterans Act of 2019. 116th Congress. Open America. https://openamerica.io/bill/116-HR-1988/
MLA
"H.R. 1988: Protecting Affordable Mortgages for Veterans Act of 2019." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-1988/.
Bluebook (legal)
H.R. 1988, 116th Cong. (2026), https://openamerica.io/bill/116-HR-1988/.
Markdown link
[H.R. 1988: Protecting Affordable Mortgages for Veterans Act of 2019](https://openamerica.io/bill/116-HR-1988/)
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