The Secretary shall carry out a Partial Claim Program
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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The Secretary shall carry out a Partial Claim Program
The document says “shall”Who acts: Secretary of Veterans AffairsHow: statuteSec. 3 in the PDF
What the document says
“The Secretary shall carry out a program, to be known as the `Partial Claim Program', under which the Secretary may make a partial claim, described in subsection (b), with respect to a loan-- ``(1) guaranteed under this chapter; ``(2) regarding the primary residence of the borrower; and ``(3) that the Secretary determines is in default or at imminent risk of default.”
The new section 3737 of title 38, United States Code, requires the Secretary of Veterans Affairs to run a program by that name, and limits it to guaranteed loans on the borrower's primary residence that the Secretary finds are in default or at imminent risk of default.
What the document actually says
“The Secretary shall carry out a program, to be known as the `Partial Claim Program', under which the Secretary may make a partial claim, described in subsection (b), with respect to a loan-- ``(1) guaranteed under this chapter; ``(2) regarding the primary residence of the borrower; and ``(3) that the Secretary determines is in default or at imminent risk of default.”
That sentence, in plain words
The VA must run a new plan. It covers loans on the home a person lives in. The loan must be behind or close to it.
What this is about
A loan on a second home does not count. A loan that is paid up does not count either.
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
“The Secretary shall carry out a Partial Claim Program,” VA Home Loan Program Reform Act, section 3, Sec. 3. Read the Mandate, https://readthemandate.org/va-home-loan-program-reform-act/proposal/sec03-program-established/ (retrieved August 26, 2026).
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