Protecting Veterans from Predatory Lending Act of 2018

Summary

Protecting Veterans from Predatory Lending Act of 2018 The bill establishes mortgage loan protections for veterans. A refinanced home loan may not be guaranteed by the Department of Veterans Affairs (VA) unless: (1) a specified minimum time period has passed between the original loan and the refinancing; and (2) the lender complies with provisions related to fee recoupment, mortgage interest rates, and net tangible benefit tests. The National Housing Act is amended to prohibit the Government National Mortgage Association (Ginnie Mae) from guaranteeing a new refinanced VA loan until the later of: (1) 210 days after the first loan payment, or (2) the sixth monthly loan payment.

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Timeline

1. 11 January 2018

   Introduced

   Read twice and referred to the Committee on Veterans' Affairs.

   Source: IntroReferral

2. 11 January 2018

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 11 January 2018 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 11 January 2018

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 11 January 2018

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 11 January 2018

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Tillis, Thomas [R-NC] · R · Sponsor
• Sen. Warren, Elizabeth [D-MA] · D · Sponsor
• Sen. Heller, Dean [R-NV] · R · Sponsor
• Sen. Tester, Jon [D-MT] · D · Sponsor
• Sen. Capito, Shelley Moore [R-WV] · R · Sponsor
• Sen. Manchin, Joe, III [D-WV] · D · Sponsor
• Sen. Burr, Richard [R-NC] · R · Sponsor
• Sen. Schatz, Brian [D-HI] · D · Sponsor
• Sen. Sullivan, Dan [R-AK] · R · Sponsor
• Sen. Van Hollen, Chris [D-MD] · D · Sponsor
• Sen. Scott, Tim [R-SC] · R · Sponsor
• Sen. Donnelly, Joe [D-IN] · D · Sponsor
• Sen. Hassan, Margaret Wood [D-NH] · D · Cosponsor
• Sen. Moran, Jerry [R-KS] · R · Cosponsor
• · ssva00 · Standing

Related records

• related to → Economic Growth, Regulatory Relief, and Consumer Protection Act