H.R. 3330 · 112th Congress
To amend title 38, United States Code, to extend the Department of Veterans Affairs demonstration projects on adjustable rate mortgages and hybrid adjustable rate mortgages.
- Stage
- In committee
- Sponsor
- Linda Sánchez
- Introduced
- 2011-11-02
- Latest action
- 2011-11-10 · Referred to the Subcommittee on Economic Opportunity.
Summary
Extends through FY2017 the Department of Veterans Affairs (VA) demonstration projects on the guaranteeing of veterans' adjustable rate and hybrid adjustable rate mortgage loans in a manner similar to which the Secretary of Housing and Urban Development (HUD) insures such mortgages under the National Housing Act.