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VA Home Loan Program Reform ActSection 2 › Proposal

Section 3732 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 3732 of title 38 is amended

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

“Section 3732 of title 38, United States Code, 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 section operates by amendment. Everything recorded from subsection (a) of this section is text this Act puts into section 3732 of title 38, United States Code, the provision on what the Secretary of Veterans Affairs may do when a guaranteed housing loan is in default.

What the document actually says

“Section 3732 of title 38, United States Code, 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 changes an old law. The old law is about home loans for veterans.

What this is about

The old law says what the VA can do when a veteran falls behind. The new words go inside it.

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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