H.R. 3939 — To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to offer a loan guaranteed by an adjustable rate mortgage under Chapter 37 of such title.

Summary

Authorizes the Secretary of Veterans Affairs to quarantee veterans loans for adjustable rate mortgages in a manner similar to the manner in which the Secretary of Housing and Urban Development insures adjustable rate mortgages under provisions of the National Housing Act.

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Legislative Actions

1996-08-01
Introduced in House
1996-08-01
Introduced in House
1996-08-01
Referred to the House Committee on Veterans' Affairs.
1996-09-04
Referred to the Subcommittee on Education, Training, Employment and Housing.

To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to offer a loan guaranteed by an adjustable rate mortgage under Chapter 37 of such title.

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