H.R. 2791 — what changed
Homes for Heroes Act
From Introduced in House to Reported in House. 1 section amended and 2 added between Introduced in House and Reported in House.
Section 1 Short title
changed
Clause (ii) of section 3703(a)(1)(C) of title 38, United States Code, is amended by striking “25 percent of the Freddie Mac conforming loan limit” and inserting “25 percent of the product of This Act may be cited as the Freddie Mac conforming loan limit multiplied by 1.5”.“Homes for Heroes Act”.
Sec. 2 Increase to maximum amount of housing loan guaranty entitlement available to certain veterans
addedadded Clause (ii) of section 3703(a)(1)(C) of title 38, United States Code, is amended by striking “25 percent of the Freddie Mac conforming loan limit” and inserting “37.5 percent of the Freddie Mac conforming loan limit”.
Sec. 3 Adjustment of fees for interest rate reduction refinancing housing loans guaranteed insured, or made by the Secretary of Veterans Affairs
addedadded The loan fee table in section 3729(b)(2) of title 38, United States Code, is amended by striking the row in subparagraph (E) (relating to interest rate reduction refinancing loans) and inserting the following: