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S 3068 118th Congress Senate Housing and Community Development Congressional oversight Department of Veterans Affairs Government lending and loan guarantees Government studies and investigations Housing finance and home ownership Veterans' loans, housing, homeless programs

VA Home Loan Awareness Act of 2023

Introduced: October 18, 2023 See on congress.gov
 Everywhere this bill has been 10 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 2024
Held at the desk.
Jul 15, 2024
Received in the House.
Jul 12, 2024
Message on Senate action sent to the House.
Jul 11, 2024
Passed Senate without amendment by Unanimous Consent. (text: CR S5147)
Jul 11, 2024
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.
Jul 11, 2024
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S5147)
Jul 11, 2024
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Mar 12, 2024
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 118-548.
Oct 18, 2023
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 18, 2023
Introduced in Senate
 Plain-English summary Congressional Research Service

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. 

What's happening now July 15, 2024

Held at the desk.

 Committees of jurisdiction 1