H.R. 1814: Restoring the VA Home Loan Program in Perpetuity Act of 2025

This bill, known as the Restoring the VA Home Loan Program in Perpetuity Act of 2025, proposes several amendments to existing laws regarding the loan programs managed by the Department of Veterans Affairs (VA). The key components of the bill include:

1. Limiting VA Loan Purchases

The bill introduces a cap on the number of loans that the Secretary of Veterans Affairs can purchase under the Department of Veterans Affairs Servicer Purchaser Program. Specifically, it states that:

• During any given fiscal year, the Secretary is limited to purchasing no more than 250 loans.

2. Conforming Amendments

The bill also makes adjustments to existing legal language to reflect this new limitation on loan purchases by inserting a phrase related to the cap before mentions of any loan purchases in the existing text of the law.

3. Requirement for a Study and Report

Additionally, within 180 days after the bill becomes law, the Secretary of Veterans Affairs must submit a report to both the Senate and House Committees on Veterans’ Affairs. This report will detail a plan for how the VA intends to sell off all loans acquired by the Secretary under the stipulated program starting from May 31, 2024, to a non-government entity.

4. Purpose of the Bill

The overall aim of this legislation seems to be to manage and possibly reduce the extent of VA's involvement in loan purchases, by ensuring that they do not become overly burdened by defaults while also providing a pathway for selling these loans to private entities.

Relevant Companies

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