VA gets new power to stop veteran home foreclosures.

What it does

The VA Secretary can pay lenders to stop foreclosures. The VA can buy part of a defaulted loan. Lenders must offer help before foreclosing. More money goes to homeless veteran services through 2030.

Who it affects

Veterans behind on home loans get new help. Lenders must follow new rules. Homeless veterans get more services.

One thing to notice

The Secretary's decisions on foreclosure help are final. Courts cannot review these decisions.

From the analysis of the bill text, linked under Primary records below.

Where it stands

• Mar 3, 2025 — Introduced · Congress.gov: “Introduced in House”
• Mar 3, 2025 — Referred to House Committee on Veterans' Affairs and Senate Committee on Veterans' Affairs · Congress.gov: “Referred to the House Committee on Veterans' Affairs”
• Mar 10, 2025 — Hearing held · Congress.gov: “Subcommittee Hearings Held”
• Apr 9, 2025 — Markup held in committee · Congress.gov: “Subcommittee Consideration and Mark-up Session Held”
• May 19, 2025 — Reported out of committee · Congress.gov: “Placed on the Union Calendar, Calendar No. 77”
• May 19, 2025 — Passed the House · Congress.gov: “On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2126-2127)”
• May 19, 2025 — Floor vote scheduled · Congress.gov: “Mr. Bost moved to suspend the rules and pass the bill, as amended”
• Jul 15, 2025 — Passed both chambers · Congress.gov: “Passed Senate without amendment by Voice Vote. (consideration: CR S4373-4374)”
• Jul 18, 2025 — Sent to president · Congress.gov: “Presented to President”
• Jul 30, 2025 — Signed into law · Congress.gov: “Became Public Law No: 119-31”

Dates and quoted wording are Congress.gov's action record; the timeline shows status changes, not every procedural step.

Money around this bill

7 groups reported lobbying about this bill. They filed 9 reports from Jun 2025 to Jun 2026.

Those reports show $19,634,451 in lobbying spending. Each report lists about 26 bills. So that money was not all for this bill.

More groups named this bill than 86% of bills with any report.

Derrick Van Orden, who sponsored the bill, received $1,041,991 from PACs for the 2026 election.

• National Association of Realtors — $14,580,000 in 1 report
• Alzheimer's Association — $3,590,000 in 2 reports
• United Services Automobile Association — $550,000 in 1 report
• Rocket Lp Fka Rkt Holdings — $520,000 in 1 report
• Disabled American Veterans — $310,451 in 2 reports

Lobbying is legal. These reports show who lobbied about this bill, not what changed.

Words to know

• foreclosure — When a lender takes back a home because the owner did not pay.
• Secretary — The head of the VA who makes decisions about veteran benefits.
• defaulted — Failed to make required loan payments on time.
• lobbying — Trying to influence lawmakers about a bill. Companies and groups pay people to do this.
• PACs — Groups that collect money and give it to candidates for office.
• sponsored — To sponsor a bill is to introduce it in Congress and put your name on it.