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VA Home Loan Program Reform ActSection 3 › Proposal

Nothing here limits the Secretary's authority under section 3732

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. Written by .

Nothing here limits the Secretary's authority under section 3732

The document says “may not be construedWho acts: Secretary of Veterans AffairsHow: statuteSec. 3 in the PDF
What the document says

“Nothing in this section shall be construed to limit the authority of the Secretary under subsections (a) and (d) of section 3732 of this title.”

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. 3

The new section is not to be read as cutting back the powers the Secretary of Veterans Affairs holds under subsections (a) and (d) of section 3732 of title 38, United States Code. Subsection (d) is the one added by section 2 of this Act.

What the document actually says

“Nothing in this section shall be construed to limit the authority of the Secretary under subsections (a) and (d) of section 3732 of this title.”

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. 3
That sentence, in plain words

This part does not cut back the VA powers set out in the other law.

What this is about

The other law is the one part 2 of this Act changed. Both sets of powers stand side by side.

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