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VA Home Loan Program Reform ActSection 2 › Proposal

Section 3720 of title 38 is amended

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, section 2, Sec. 2. Written by .

Section 3720 of title 38 is amended

The document says “is amendedWho acts: CongressHow: statuteSec. 2 in the PDF
What the document says

“Section 3720 of such title is amended--”

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, Sec. 2

The second half of the section operates by amendment as well. It opens subsection (a) with a cross reference to the new subsection, moves subsections (f) through (h) up a letter, and adds a new subsection (h). Section 3720 of title 38, United States Code, is not indexed here.

What the document actually says

“Section 3720 of such title is amended--”

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to take certain actions in the case of a default on a home loan guaranteed by the Secretary, and for other purposes, Sec. 2
That sentence, in plain words

This law also changes a second old law. It is the one next to it.

What this is about

The second law lists other powers the VA has over these loans. The new words go inside it too.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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The quotation is the document's own words, exactly as printed, and we check the page number against the Act itself before publishing. The paragraph underneath is our summary, not the document's words. So is the plain English version, which is why it sits beside the quotation rather than replacing it.

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