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S. 138

U.S. Senate•In Senate Committee

Summary

S. 138, the VA Home Loan Awareness Act of 2025, was introduced in the Senate on Jan 16, 2025 by Sen. Tim Sheehy (R) with 26 co-sponsors. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Jan 16, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

S. 138 has 26 co-sponsors.

sb138/introduced-in-senate.txt
119 S138 IS: VA Home Loan Awareness Act of 2025
 U.S. Senate
 2025-01-16
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 II  119th CONGRESS  1st Session  S. 138  IN THE SENATE OF THE UNITED STATES   January 16, 2025   Mr. Sheehy  (for himself,  Mr. Van Hollen ,  Mr. Cruz ,  Mr. Warnock ,  Mr. Budd ,  Mr. Whitehouse ,  Mr. Boozman ,  Mr. Sanders ,  Mr. Cramer ,  Mr. Welch ,  Mr. Schmitt ,  Mr. Kennedy ,  Mr. Tillis ,  Mr. Moreno ,  Ms. Rosen , and  Ms. Klobuchar ) introduced the following bill; which was read twice and referred to the  Committee on Banking, Housing, and Urban Affairs    A BILL
To require each enterprise to include on the Uniform Residential Loan Application a disclaimer to increase awareness of the direct and guaranteed home loan programs of the Department of Veterans Affairs, and for other purposes.
1.
Short title
This Act may be cited as the   VA Home Loan Awareness Act of 2025  .
2.
Military service question
(a)
In general
Subpart A of part 2 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 ( 12 U.S.C. 4541 et seq. ) is amended by adding at the end the following:
1329.
Uniform residential loan application
Not later than 6 months after the date of enactment of this section, the Director shall, by regulation or order, require each enterprise to include a disclaimer below the military service question on the form known as the Uniform Residential Loan Application stating,  If yes, you may qualify for a VA Home Loan. Consult your lender regarding eligibility. .
 .
(b)
GAO study
Not later than 18 months after the date of enactment of this Act, the Comptroller General of the United States shall conduct a study and submit to Congress a report on whether not less than 80 percent of lenders using the Uniform Residential Loan Application have included on that form the disclaimer required under section 1329 of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as added by subsection (a).

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

  1. Introduced2025-01-16
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Introduced in Senate Jan 16, 2025

sb138/introduced-in-senate.md

Shown Here:
Introduced in Senate (01/16/2025)

VA Home Loan Awareness Act of 2025

This bill requires mortgage lenders to include on the Uniform Residential Loan Application (i.e., Fannie Mae Form 1003 or Freddie Mac Form 65) a notification that applicants with military service may qualify for a Department of Veterans Affairs Home Loan.

Not later than 18 months after the enactment of the bill, the Government Accountability Office must study and report on whether at least 80% of lenders using the loan application form have met this requirement.

Sponsors

Sen. Tim Sheehy (R) sponsors S. 138, and 26 members have co-sponsored it, 15 of them from the day it was introduced.

Committees

S. 138 went before 1 committee: Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Jan 16, 2025 · 465 Bills

Actions

S. 138 has taken 2 actions since Jan 16, 2025.

ChamberAction
Jan 16, 2025
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Jan 16, 2025
—
Introduced in Senate

Votes

S. 138 has not gone to a roll call.

2 bills are related to S. 138.

Titles

S. 138 goes by 3 titles, 1 of them short titles.

  • VA Home Loan Awareness Act of 2025 — Display Title
  • VA Home Loan Awareness Act of 2025 — Short Title(s) as Introduced
  • A bill to require each enterprise to include on the Uniform Residential Loan Application a disclaimer to increase awareness of the direct and guaranteed home loan programs of the Department of Veterans Affairs, and for other purposes. — Official Title as Introduced

Lobbying

5 clients hired 5 firms and 30 registered lobbyists who named S. 138 in 23 quarterly filings, 2025 to 2026. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Housing, Veterans, Financial Institutions/Investments/Securities, Banking, Budget/Appropriations, Science/Technology, Taxation/Internal Revenue Code, Firearms/Guns/Ammunition.

Clients

Who paid to be heard, by how many filings named the bill.

ClientBusinessStateFirmsFilingsReported
HOUSING POLICY COUNCILNon-profit advocacy organization for companies in the mortgage & housing industries.District of Columbia16$360K
DISABLED AMERICAN VETERANS—District of Columbia16—
BROKER ACTION COALITIONA trade association created for independent mortgage brokers.Pennsylvania15$400K
MORTGAGE BANKERS ASSOCIATION—District of Columbia14—
AMERICAN FIREARMS ASSOCIATION—Ohio12—

Firms

Registrants who filed on the bill, by filings.

RegistrantClientsFilingsReported
DISABLED AMERICAN VETERANS16—
THE SMITH-FREE GROUP, LLC16$360K
FORBES-TATE15$400K
MORTGAGE BANKERS ASSOCIATION14—
AMERICAN FIREARMS ASSOCIATION12—

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 30.

LobbyistFirmsClientsFilings
JOHN CHRISTIE116
JON RETZER116
NAOMI MATHIS116
PETER DICKINSON116
SHAMALA CAPIZZI116
TREVOR KOLEGO116
EDWARD HILL115
JEFFREY STRUNK115
JOSEPH LEMAY115
KATIE ELLIOTT115
KELLEY WILLIAMS115
KEVIN MCGRANN115
MIKE MULLEN115
SHANE LIERMANN115
GEORGE ROGERS114
GORDON MILLS114
JACK DEUSER114
JEFFREY BECKER114
JOY ILEM114
MADISYN RHONE114

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

ClientRegistrantPeriodReportedDocument
MORTGAGE BANKERS ASSOCIATIONMORTGAGE BANKERS ASSOCIATION2025 fourth_quarter$710K4th Quarter - Report
MORTGAGE BANKERS ASSOCIATIONMORTGAGE BANKERS ASSOCIATION2025 second_quarter$600K2nd Quarter - Report
MORTGAGE BANKERS ASSOCIATIONMORTGAGE BANKERS ASSOCIATION2025 third_quarter$560K3rd Quarter - Report
MORTGAGE BANKERS ASSOCIATIONMORTGAGE BANKERS ASSOCIATION2025 first_quarter$540K1st Quarter - Report
DISABLED AMERICAN VETERANSDISABLED AMERICAN VETERANS2026 first_quarter$175.9K1st Quarter - Report
DISABLED AMERICAN VETERANSDISABLED AMERICAN VETERANS2025 fourth_quarter$161.3K4th Quarter - Report
DISABLED AMERICAN VETERANSDISABLED AMERICAN VETERANS2026 second_quarter$149.2K2nd Quarter - Report
DISABLED AMERICAN VETERANSDISABLED AMERICAN VETERANS2025 third_quarter$141.4K3rd Quarter - Report
DISABLED AMERICAN VETERANSDISABLED AMERICAN VETERANS2025 second_quarter$141.4K2nd Quarter - Report
DISABLED AMERICAN VETERANSDISABLED AMERICAN VETERANS2025 first_quarter$141.4K1st Quarter - Report
BROKER ACTION COALITIONFORBES-TATE2026 second_quarter$80K2nd Quarter - Report
BROKER ACTION COALITIONFORBES-TATE2026 first_quarter$80K1st Quarter - Report
BROKER ACTION COALITIONFORBES-TATE2025 fourth_quarter$80K4th Quarter - Report
BROKER ACTION COALITIONFORBES-TATE2025 third_quarter$80K3rd Quarter - Report
BROKER ACTION COALITIONFORBES-TATE2025 second_quarter$80K2nd Quarter - Report
HOUSING POLICY COUNCILTHE SMITH-FREE GROUP, LLC2026 second_quarter$60K2nd Quarter - Report
HOUSING POLICY COUNCILTHE SMITH-FREE GROUP, LLC2026 first_quarter$60K1st Quarter - Report
HOUSING POLICY COUNCILTHE SMITH-FREE GROUP, LLC2025 fourth_quarter$60K4th Quarter - Report
HOUSING POLICY COUNCILTHE SMITH-FREE GROUP, LLC2025 third_quarter$60K3rd Quarter - Report
HOUSING POLICY COUNCILTHE SMITH-FREE GROUP, LLC2025 second_quarter$60K2nd Quarter - Report

Classification

The Congressional Research Service files S. 138 under Housing and Community Development, one of its 31 policy areas, and gives it 6 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 138’s is Housing and Community Development.

s138/policy-areas.txt
Housing and Community DevelopmentAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesFinance and Financial SectorForeign Trade and International FinanceGovernment Operations and PoliticsHealthImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Legislative Subjects

S. 138 carries 6 of CRS’s legislative subjects, from Congressional oversight to Veterans' loans, housing, homeless programs.

s138/subjects.txt
Congressional oversightDepartment of Veterans AffairsGovernment lending and loan guaranteesGovernment studies and investigationsHousing finance and home ownershipVeterans' loans, housing, homeless programs

Source: congress.gov · legiscan.com