Section 1 Short title
This Act may be cited as the “Protect Affordable Mortgages for Veterans Act of 2018”.
Protect Affordable Mortgages for Veterans Act of 2018
A BILL
To amend the Economic Growth, Regulatory Relief, and Consumer Protection Act to clarify seasoning requirements for certain refinanced mortgage loans, and for other purposes.
Sec. 2 Repeal of section 309(b) of Public Law 115–174
Section 306(g)(1) of the National Housing Act (12 U.S.C. 1721(g)(1)) is amended by striking the second sentence (as added by section 309(b) of Public Law 115–174).
Sec. 3 Rule of construction
Nothing in this Act may be construed to restrict or otherwise modify the authorities of the Government National Mortgage Association.