HOUSE 1988116th CongressReceived in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.

Protecting Affordable Mortgages for Veterans Act of 2019

Last Action: 7/10/2019

Actions

2019-07-10Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.
2019-07-09Motion to reconsider laid on the table Agreed to without objection.
2019-07-09On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5274)
2019-07-09Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5274)
2019-07-09DEBATE - The House proceeded with forty minutes of debate on H.R. 1988.
2019-07-09Considered under suspension of the rules. (consideration: CR H5274-5276)
2019-07-09Ms. Waters moved to suspend the rules and pass the bill, as amended.
2019-07-09Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
2019-07-09Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
2019-05-01Forwarded by Subcommittee to Full Committee by Voice Vote .
2019-05-01Subcommittee Consideration and Mark-up Session Held.
2019-05-01Referred to the Subcommittee on Economic Opportunity.
2019-03-28Referred 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.
2019-03-28Referred 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.
2019-03-28Introduced in House

Showing 15 of 16 actions. Full history on Congress.gov.

CRS Summary

As of 2019-07-09 (53)

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.

Cosponsors (7)

Lee Zeldin (R-NY)
Mike Levin (D-CA)
Andy Barr (R-KY)
Brian Fitzpatrick (R-PA)
Ted Budd (R-NC)
Emanuel Cleaver (D-MO)
Van Taylor (R-TX)

Subjects

Housing finance and home ownership
Interest, dividends, interest rates
Veterans' loans, housing, homeless programs

Read on Congress.gov

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