HR 1815
Became law
Lets the Department of Veterans Affairs buy part of a VA-guaranteed home loan that is in default or at imminent risk of default, helping veterans avoid foreclosure.
Official title: VA Home Loan Program Reform Act
Timeline each lane is a chamber; dates pull from congress.gov actions
House
Introduced
03-MAR-2025
Referred
03-MAR-2025
Reported
19-MAY-2025
On the calendar
19-MAY-2025
Passed
19-MAY-2025
Senate
Received
20-MAY-2025
Passed
15-JUL-2025
President
Presented
18-JUL-2025
Signed
30-JUL-2025
Became law
30-JUL-2025
- Creates a Partial Claim Program under which the VA can buy up to 25 percent of a loan's unpaid principal, or 30 percent for borrowers who missed payments between March 1, 2020 and May 1, 2025.
- Requires lenders to offer veterans loss mitigation options in a set sequence, and bars the VA from buying an entire loan until that sequence is completed.
- Makes the VA's decisions on these payments final and not subject to judicial review.
- Sets funding for the Comprehensive Service Programs for Homeless Veterans at $344 million for each of fiscal years 2025 and 2026, and $257.7 million per year through fiscal year 2030.
Current. The Congressional Research Service's summary covers the bill's latest wording (Public Law, 30-JUL-2025).
CRS is the Library of Congress's nonpartisan research office. Read it on congress.gov- Veterans' Affairs Committee (House)
- Economic Opportunity Subcommittee
- Veterans' Affairs Committee (Senate)
Armed Forces and National Security
No cosponsors.