H.R. 1815, known as the “VA Home Loan Program Reform Act,” aims to amend existing laws to give the Secretary of Veterans Affairs improved authority to handle defaults on home loans guaranteed by the VA. The bill proposes measures such as allowing the Secretary to pay lenders...
Simple Explanation
H.R. 1815 is a rule that lets the boss of the VA help stop foreclosures on veteran home loans by taking care of part of the debt, with the plan running until 2027.