[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. 3726 Introduced in Senate (IS)]

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115th CONGRESS
  2d Session
                                S. 3726

     To amend the Economic Growth, Regulatory Relief, and Consumer 
Protection Act to clarify seasoning requirements for certain refinanced 
                mortgage loans, and for other purposes.


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                   IN THE SENATE OF THE UNITED STATES

                            December 6, 2018

  Ms. Klobuchar (for herself and Mr. Tillis) introduced the following 
 bill; which was read twice and referred to the Committee on Banking, 
                       Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
     To amend the Economic Growth, Regulatory Relief, and Consumer 
Protection Act to clarify seasoning requirements for certain refinanced 
                mortgage loans, and for other purposes.

    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 ``Protect Affordable Mortgages for 
Veterans Act of 2018''.

SEC. 2. REPEAL OF SECTION 309(B) OF PUBLIC LAW 115-174.

    Section 306(g)(1) of the National Housing Act (12 U.S.C. 
1721(g)(1)) is amended by striking the second sentence (as added by 
section 309(b) of Public Law 115-174).

SEC. 3. RULE OF CONSTRUCTION.

    Nothing in this Act may be construed to restrict or otherwise 
modify the authorities of the Government National Mortgage Association.
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