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[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9942 Introduced in House (IH)]
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119th CONGRESS
2d Session
H. R. 9942
To amend title 38, United States Code, to authorize the Secretary of
Veterans Affairs to take certain steps regarding a loan guaranteed
under chapter 37 of such title that is delinquent or foreclosed.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 23, 2026
Mr. Van Orden introduced the following bill; which was referred to the
Committee on Veterans' Affairs
_______________________________________________________________________
A BILL
To amend title 38, United States Code, to authorize the Secretary of
Veterans Affairs to take certain steps regarding a loan guaranteed
under chapter 37 of such title that is delinquent or foreclosed.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``House Our Heroes Act''.
SEC. 2. GUARANTEED HOUSING LOANS FOR VETERANS: EDUCATIONAL COURSE FOR A
VETERAN WHOSE LOAN IS DELINQUENT OR FORECLOSED; LIMITED
EXPANSION OF PARTIAL CLAIM PROGRAM.
(a) Authority.--Section 3732 of title 38, United States Code, is
amended by adding at the end the following new subsection:
``(e) The Secretary may offer an educational course to a veteran
whose loan guaranteed under this chapter is delinquent or foreclosed.
Such a course may include information regarding--
``(1) how to improve a credit score;
``(2) how to manage finances; and
``(3) loss mitigation options available for a loan
guaranteed under this chapter.''.
(b) Authority Regarding Certain Loans.--In the case of a loan
described in subsection (a) of section 3737 that the Secretary of
Veterans Affairs determines is in default on the basis of a missed
payment between May 1, 2025, and November 28, 2026, the Secretary,
without regard to the mandatory sequence prescribed under section
3732(d) of title 38, United States Code--
(1) may make a partial claim pursuant to such section with
respect to such loan; and
(2) may consent to the modification, with respect to rate
of interest, time of payment of principal or interest or any
portion thereof, security or other provisions of any note,
contract, mortgage or other instrument securing a loan which
has been guaranteed, insured, made or acquired under this
chapter.
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