S. 3536 · 115th Congress
Protect Affordable Mortgages for Veterans Act of 2018
- Stage
- In committee
- Sponsor
- Amy Klobuchar
- Introduced
- 2018-10-02
- Latest action
- 2018-10-02 · Introduced in Senate
Summary
Protect Affordable Mortgages for Veterans Act of 2018
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.