Warrior Home Loan Act

Warrior Home Loan Act - Makes permanent Department of Veterans Affairs (VA) demonstration projects involving adjustable rate and hybrid adjustable rate mortgages for veterans and their families.

[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6146 Introduced in House (IH)]

111th CONGRESS
  2d Session
                                H. R. 6146

  To amend title 38, United States Code, to make permanent home loan 
guaranty programs for veterans regarding adjustable rate mortgages and 
                   hybrid adjustable rate mortgages.


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                    IN THE HOUSE OF REPRESENTATIVES

                           September 16, 2010

 Ms. Giffords introduced the following bill; which was referred to the 
                     Committee on Veterans' Affairs

_______________________________________________________________________

                                 A BILL


 
  To amend title 38, United States Code, to make permanent home loan 
guaranty programs for veterans regarding adjustable rate mortgages and 
                   hybrid adjustable rate mortgages.

    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 ``Warrior Home Loan Act''.

SEC. 2. MAKING PERMANENT CERTAIN HOME LOAN GUARANTY PROGRAMS FOR 
              VETERANS.

    (a) Extension of Demonstration Project on Adjustable Rate 
Mortgages.--Section 3707(a) of title 38, United States Code, is amended 
by striking ``carry out a demonstration project under this section 
during fiscal years 1993 through 2012'' and inserting ``carry out a 
program''.
    (b) Extension of Demonstration Project on Hybrid Adjustable Rate 
Mortgages.--Section 3707A(a) of such title is amended by striking 
``carry out a demonstration project under this section during fiscal 
years 2004 through 2012'' and inserting ``carry out a program''.
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