FAIR Veterans Act of 2025

This bill aims to help veterans keep their homes. It says foreclosure should be the last resort for veterans with VA-backed home loans, and it pushes the Department of Veterans Affairs (VA) to use its tools to prevent foreclosures whenever possible.

It also tells the VA to run a program where the VA can pay a lender the unpaid balance and interest on a struggling loan and then take over that loan. This lets the VA step in, work directly with the veteran, and try to find a way to avoid foreclosure.

Key points:

• Who is affected: Veterans with VA-guaranteed home loans facing trouble making payments.
• What changes: The VA is directed to actively use a program to buy certain loans from lenders and manage them to help veterans stay in their homes; Congress states foreclosure should be the last choice.
• When: The bill sets the expectation and authority in law; specific dates are not provided in the text.