Veteran Affairs Home Loan Reform Act signed into law

The VA Home Loan Reform Act, bipartisan federal legislation backed by NAR, was signed into law last week. It permanently allows veterans to directly compensate their real estate agents, ensuring they can compete on equal footing in today’s competitive housing market.

The bill also establishes a permanent partial claim program for VA loans to cover missed payments for borrowers in serious delinquency if they fall behind on their loans.

Read more at https://on.car.org/valoansact