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US HB2362
Bill
Status
Introduced
3/26/2025
Primary Sponsor
Monica De La Cruz
Click for details
AI Summary
- Requires Fannie Mae and Freddie Mac to add a disclaimer below the military service question on the Uniform Residential Loan Application within 6 months of enactment
- The required disclaimer must state: "If yes, you may qualify for a VA Home Loan. Consult your lender regarding eligibility."
- Directs the GAO to conduct a study within 18 months on whether at least 80 percent of lenders have included the required disclaimer on their loan applications
- Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 by adding a new Section 1329
Legislative Description
VA Home Loan Awareness Act of 2025
Housing and community development
Last Action
Referred to the House Committee on Financial Services.
3/26/2025
Committee Referrals
Financial Services3/26/2025
Full Bill Text
No bill text available