H.R. 6737 · 115th Congress

Protect Affordable Mortgages for Veterans Act of 2018

Stage
Passed a chamber
Sponsor
Lee Zeldin
Introduced
2018-09-07
Latest action
2018-10-02 · Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Summary

Protect Affordable Mortgages for Veterans Act of 2018

(Sec. 2) This bill amends the National Housing Act to repeal waiting period requirements for guarantees provided by the Government National Mortgage Association (Ginnie Mae). Specifically, Ginnie Mae may guarantee a security backed by a refinanced Department of Veterans Affairs housing loan without a waiting period.