Guidance may come before regulations for loans already in default
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 3, Sec. 3.
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Guidance may come before regulations for loans already in default
The document says “can”Who acts: Secretary of Veterans AffairsHow: statuteSec. 3 in the PDF
What the document says
“With respect to a loan described in paragraph (2), the Secretary may-- ``(A) before prescribing regulations, issue administrative guidance regarding the making of a partial claim relating to such loan; and ``(B) establish, through such guidance, additional requirements applicable to such a partial claim.”
For a loan the Secretary of Veterans Affairs determines was in default on the day the new section was enacted, the Secretary may issue administrative guidance before writing regulations, and may set extra requirements through that guidance.
What the document actually says
“With respect to a loan described in paragraph (2), the Secretary may-- ``(A) before prescribing regulations, issue administrative guidance regarding the making of a partial claim relating to such loan; and ``(B) establish, through such guidance, additional requirements applicable to such a partial claim.”
That sentence, in plain words
For some loans the VA can put out short notes first. It can add extra rules in them.
What this is about
Writing full rules takes a long time. These loans were already behind on the day the law passed.
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.
VA Home Loan Program Reform Act, Public Law 119-31, sec. 3, 139 Stat. 476 (2025). https://www.govinfo.gov/content/pkg/PLAW-119publ31/html/PLAW-119publ31.htm
This page
“Guidance may come before regulations for loans already in default,” VA Home Loan Program Reform Act, section 3, Sec. 3. Read the Mandate, https://readthemandate.org/va-home-loan-program-reform-act/proposal/sec03-guidance-for-loans-already-in-default/ (retrieved October 10, 2026).
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