Press Releases

Today, House Committee on Veterans’ Affairs Chairman Mike Bost (R-Ill.), and Subcommittee on Economic Opportunity Chairman Rep. Derrick Van Orden (R-Wis.), released the following statements after President Trump signed Rep. Van Orden’s bill, H.R. 1815, the VA Home Loan Program Reform Act, into law.

 

H.R. 1815, the VA Home Loan Program Reform Act, will create a partial claim program at VA as part of the Committee’s efforts to modernize the VA Home Loan program – which currently serves 3.7 million veterans – to allow veterans who have fallen behind on their mortgages to receive federal assistance that is already available through other federal housing programs. Currently, nearly 70,000 veteran homeowners are more than 90 days late on their mortgage payments. This bill provides these veterans with needed relief and a second chance to keep their homes as a result of the new program. H.R. 1815 also includes the proper funding levels for the VA Grant and Per Diem program, as part of VA’s homelessness prevention programs to fund community agencies providing services to veterans experiencing homelessness. To learn more about H.R. 1815, click here.

 

“Our veterans and their families should have every tool at their disposal to keep their homes and reduce the risk of foreclosure if they fall into financial hardship or endure a national disaster. Today, House Republicans and President Trump made that a reality for every veteran homeowner,” said Chairman Bost. “Rep. Van Orden’s VA Home Loan Program Reform Act will modernize the VA Home Loan to meet veterans’ needs and reduce the risk of veteran homelessness. I’m proud that we fought hard to get this good bill to President Trump’s desk to keep our promise to those who have served.”

 

“President Trump is the strongest support of veterans and servicemembers of any president in our nation’s history.” said Subcommittee on Economic Opportunity Chairman Van Orden. “This law helps fulfill a promise to those who protected us with their service and continue to do so today by providing a path to maintain homeownership. I am very proud of our legislation and thankful to President Trump for signing it into law.”

 

H.R. 1815, the VA Home Loan Program Reform Act, is supported by a number of key stakeholders including: Mortgage Bankers Association, Rocket Mortgage, National Association of Realtors (NAR), Freedom Mortgage, National Association of Mortgage Brokers (NAMB), Lyft, Mission Roll Call, New England Center and Home for Veterans (NECHV), National Coalition for Homeless Veterans (NCHV), Veterans of Foreign Wars (VFW), and The American Legion.

 

“On behalf of The American Legion’s 1.5 million members, I extend our deepest gratitude to Chairman Bost, Ranking Member Takano, Congressman VanOrden, and the dedicated staff of the House Committee on Veterans’ Affairs for their steadfast leadership in advancing and securing the final passage of H.R. 1815, the VA Home Loan Program Reform Act. This critical legislation represents a profound commitment to safeguarding the financial security and dignity of veteran homeowners, especially during times of hardship. Your timely action ahead of the August recess reflects unwavering dedication to those who have borne the battle. We commend your continued advocacy on behalf of America’s veterans,” said James LaCoursiere, National Commander, The American Legion.

 

“Those who have served our country deserve access to the same protections available to other homeowners, and the enactment of the VA Home Loan Program Reform Act of 2025 brings us closer to that reality. Now that the Act has been signed into law, the VA can develop a strong, effective solution that provides mortgage servicers with the tools they need to support servicemembers and veterans in today’s higher-rate environment. We appreciate the Committee’s dedication to seeing the bill across the finish line,” said Rocket Mortgage.

 

“This important legislation is a critical step forward in ensuring that distressed veteran homeowners have access to a proven and sustainable loss mitigation solution,” said Bob Broeksmit, President and CEO, Mortgage Bankers Association (MBA).

 

“The VFW is pleased that H.R. 1815, VA Home Loan Program Reform Act, has passed into law. Introduced by VFW member and House Veterans’ Affairs Subcommittee on Economic Opportunity Chairman Derrick Van Orden, this law will prevent thousands of veterans from foreclosing on their homes by providing a partial claim option where VA can cover delinquent payments and work with lenders to structure appropriate repayments. Additionally, it will strengthen VA’s homelessness prevention efforts through the Grant and Per Diem Program. The VFW thanks Congress and the White House for quickly passing this legislation to help veterans stay in their homes,” said Kristina Keenan, National Legislative Director, Veterans of Foreign Wars (VFW).

 

“The passing of H.R.1815 is critical to giving the Department of Veterans Affairs the ability for Freedom Mortgage to further assist thousands of struggling VA borrowers in finding the best solution to stay in their homes, in line with other federally supported programs. We truly appreciate the bipartisan effort and stakeholder collaboration from Chairs Bost and Moran, as well as Ranking Members Takano and Blumenthal, to pass this bill and further strengthen their support of Veterans and those in active military service,” said Stanley C. Middleman, President and CEO, Freedom Mortgage.