US SB1749 | 2019-2020 | 116th Congress

Status

Completed Legislative Action
Spectrum: Bipartisan Bill
Status: Passed on July 25 2019 - 100% progression
Action: 2019-07-25 - Became Public Law No: 116-33. (TXT | PDF)
Text: Latest bill text (Enrolled) [PDF]

Summary

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. modifies this date to (1) when the borrower has made six consecutive monthly payments, or (2) 210 days after the first payment is due.

Tracking Information

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Title

Protecting Affordable Mortgages for Veterans Act of 2019

Sponsors


History

DateChamberAction
2019-07-25SenateBecame Public Law No: 116-33. (TXT | PDF)
2019-07-25SenateSigned by President.
2019-07-15SenatePresented to President.
2019-07-09HouseMotion to reconsider laid on the table Agreed to without objection.
2019-07-09HouseOn passage Passed without objection. (text: CR H5289)
2019-07-09HouseConsidered by unanimous consent. (consideration: CR H5289)
2019-07-09HouseCommittee on Veterans' Affairs discharged.
2019-07-09HouseCommittee on Financial Services discharged.
2019-07-09HouseMr. Clay asked unanimous consent to discharge from committee and consider.
2019-06-10HouseReferred 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.
2019-06-10HouseReferred 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.
2019-06-10HouseReceived in the House.
2019-06-10SenateMessage on Senate action sent to the House.
2019-06-05SenateIntroduced in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote. (consideration: CR S3267; text: CR S3267)

Same As/Similar To

HB1988 (Related) 2019-07-10 - Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.

Subjects


US Congress State Sources


Bill Comments

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