S 1749
116th Congress
Senate
Housing and Community Development
Housing finance and home ownership
Interest, dividends, interest rates
Veterans' loans, housing, homeless programs
Protecting Affordable Mortgages for Veterans Act of 2019
Introduced: June 5, 2019
See on congress.gov
Everywhere this bill has been
16 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 25, 2019
Became Public Law No: 116-33.
Jul 25, 2019
Signed by President.
Jul 15, 2019
Presented to President.
Jul 9, 2019
Motion to reconsider laid on the table Agreed to without objection.
Jul 9, 2019
On passage Passed without objection. (text: CR H5289)
Jul 9, 2019
Passed/agreed to in House: On passage Passed without objection.(text: CR H5289)
Jul 9, 2019
Considered by unanimous consent. (consideration: CR H5289)
Jul 9, 2019
Committee on Veterans' Affairs discharged.
Jul 9, 2019
Committee on Financial Services discharged.
Jul 9, 2019
Mr. Clay asked unanimous consent to discharge from committee and consider.
Jun 10, 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.
Jun 10, 2019
Received in the House.
Jun 10, 2019
Message on Senate action sent to the House.
Jun 5, 2019
Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S3267; text: CR S3267)
Jun 5, 2019
Passed/agreed to in Senate: Introduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.(consideration: CR S3267; text: CR S3267)
Jun 5, 2019
Introduced in Senate
Plain-English summary
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
Became Public Law No: 116-33.
Committees of jurisdiction
2
Cosponsors
1