Considers proposals to allow pooling of VA mortgage participations with the FNMA and to authorize assistance to homeowners for repair of major construction defects of properties purchased with GI loans.
Considers legislation on VA sale of veterans direct loans and VA payment of interest on capital funds transferred from direct loan revolving fund to loan guaranty revolving fund, and considers general review of VA housing programs.
Considers. H.R. 253, to permit release from liability to U.S. those veterans who sold property obtained under VA loan without receiving a release from liability.