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Introduced on April 17, 2025 by Mark Takano
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: