Senate - 07/10/2019 Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143. (All Actions)
Tracker:
This bill has the status Passed House
Here are the steps for Status of Legislation:
Introduced
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[actionDate] => 2019-07-09
[displayText] => Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
[externalActionCode] => 5000
[description] => Introduced
[chamberOfAction] => House
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Passed House
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[actionDate] => 2019-07-09
[displayText] => Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5274)
[externalActionCode] => 8000
[description] => Passed House
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Protecting Affordable Mortgages for Veterans Act of 2019
Short Title(s) as Introduced
Protect Affordable Mortgages for Veterans Act of 2019
Official Titles
Official Titles - House of Representatives
Official Title as Introduced
To clarify seasoning requirements for certain refinanced mortgage loans, and for other purposes.
Actions Overview (3)
Date
Actions Overview
07/09/2019
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5274)
07/09/2019
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
03/28/2019
Introduced in House
07/09/2019 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H5274)
07/09/2019 Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
03/28/2019 Introduced in House
All Actions (13)
Date
Chamber
All Actions
07/10/2019
Senate
Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.
07/09/2019-4:57pm
House
Motion to reconsider laid on the table Agreed to without objection.
07/09/2019-4:57pm
House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5274)
07/09/2019-4:31pm
House
DEBATE - The House proceeded with forty minutes of debate on H.R. 1988.
07/09/2019-4:31pm
House
Considered under suspension of the rules. (consideration: CR H5274-5276)
07/09/2019-4:31pm
House
Ms. Waters moved to suspend the rules and pass the bill, as amended.
07/09/2019
House
Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
05/01/2019
House
Forwarded by Subcommittee to Full Committee by Voice Vote . Action By: House Veterans' Affairs Subcommittee on Economic Opportunity
05/01/2019
House
Subcommittee Consideration and Mark-up Session Held. Action By: House Veterans' Affairs Subcommittee on Economic Opportunity
05/01/2019
House
Referred to the Subcommittee on Economic Opportunity. Action By: Committee on Veterans' Affairs
03/28/2019
House
Referred 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.
03/28/2019
House
Referred 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.
03/28/2019
House
Introduced in House
07/10/2019 Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 143.
07/09/2019 Motion to reconsider laid on the table Agreed to without objection.
07/09/2019 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5274)
07/09/2019 DEBATE - The House proceeded with forty minutes of debate on H.R. 1988.
07/09/2019 Considered under suspension of the rules. (consideration: CR H5274-5276)
07/09/2019 Ms. Waters moved to suspend the rules and pass the bill, as amended.
07/09/2019 Reported (Amended) by the Committee on Veterans' Affairs. H. Rept. 116-138, Part I.
05/01/2019 Forwarded by Subcommittee to Full Committee by Voice Vote .
05/01/2019 Subcommittee Consideration and Mark-up Session Held.
05/01/2019 Referred to the Subcommittee on Economic Opportunity.
03/28/2019 Referred 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.
03/28/2019 Referred 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.
Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.
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.
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.
Shown Here: Introduced in House (03/28/2019)
Protect 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.
