Focuses on the veterans home loan program.

Considers H.R. 7571, to require VA to obtain a court judgment of liability before initiating foreclosure proceedings on housing loans.

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.