118th Congress · SENATE BILLBILL

S. 2496 — VALID Act of 2023

“A bill to amend the National Housing Act to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers.”

Housing and community development

Introduced Jul 25, 2023

Last action Jul 25, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 25, 2023

Step 2

Referred

Jul 25, 2023

Banking, Housing, and Urban Affairs

Step 3

Committee

Step 4

Senate

Step 5

House floor

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

VA Loan Informed Disclosure Act of 2023 or the VALID Act of 2023 The bill requires a Federal Housing Administration mortgage notice to contain comparative rate and fee information about loans available under the Department of Veterans Affairs home loan program.

Provisions · 2 sectionsIntroduced in Senate

Timeline · 2 actions

Jul 25, 2023

Introduced in Senate

Jul 25, 2023

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.