I
119THCONGRESS
1
STSESSION H. R. 1814
To amend title 38, United States Code, to provide for limitations on the
authority of the Secretary of Veterans Affairs to purchase certain loans
guaranteed by the Department of Veterans Affairs to avoid default,
and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
MARCH3, 2025
Mr. V
ANORDENintroduced the following bill; which was referred to the
Committee on Veterans’ Affairs
A BILL
To amend title 38, United States Code, to provide for limita-
tions on the authority of the Secretary of Veterans Af-
fairs to purchase certain loans guaranteed by the Depart-
ment of Veterans Affairs to avoid default, and for other
purposes.
Be it enacted by the Senate and House of Representa-1
tives of the United States of America in Congress assembled, 2
SECTION 1. SHORT TITLE. 3
This Act may be cited as the ‘‘Restoring the VA 4
Home Loan Program in Perpetuity Act of 2025’’. 5
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•HR 1814 IH
SEC. 2. LIMITATIONS ON AUTHORITY UNDER DEPARTMENT 1
OF VETERANS AFFAIRS SERVICER PUR-2
CHASER PROGRAM. 3
(a) L
IMITATION.—Section 3732(a)(2) of title 38, 4
United States Code, is amended by adding at the end the 5
following new subparagraph: 6
‘‘(C) During any fiscal year, the Secretary may not 7
exercise the authority under subsections (A) and (B) with 8
respect to more than an aggregate of 250 loans.’’. 9
(b) C
ONFORMINGAMENDMENT.—Section 3720(a)(5) 10
of such title is amended by inserting before ‘‘purchase’’ 11
the following: ‘‘subject to the limitation under section 12
3732(a)(2)(C) of this title,’’. 13
(c) S
TUDY ONSALE OFLOANS.—Not later than 180 14
days after the date of the enactment of this Act, the Sec-15
retary of Veterans Affairs shall submit to the Committees 16
on Veterans’ Affairs of the Senate and House of Rep-17
resentatives a report containing the plan of the Secretary 18
to sell to a non-Government entity each loan acquired by 19
the Secretary under section 3732(a)(2) of title 38, United 20
States Code, on or after May 31, 2024. 21
Æ
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