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Changes the loan-fee table in 38 U.S.C. 3729(b)(2) for VA Interest Rate Reduction Refinance Loans (IRRRLs) by removing the existing table row for those loans and inserting a replacement row. The result is an adjustment to how the one-time loan fee for IRRRLs is set, which will directly affect veterans and other borrowers using the VA IRRRL program as well as lenders and VA administration processes.
Referred to the House Committee on Veterans' Affairs.
Introduced May 14, 2025 by Derrick Van Orden · Last progress May 14, 2025