Congressman Van Orden Proposes Bill on Partial Claim Structure
1 report, 1 independent
Updated Fri 00:00
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What happened
Derrick Van Orden introduced legislation on October 30, 2026, concerning industry-standard partial claim structures. This proposal comes as reports detail that over 15,000 military veterans are paying significantly more on VA-backed mortgages following the shutdown of a low-interest rescue program in May 2025.
From hngn.com
Why it matters
The legislation addresses the structure of loan risk, which is a core component of the housing finance industry. Opponents of previous VA programs argued that the VA purchasing delinquent loans shifted risk onto taxpayers and threatened the solvency of the VA home loan guarantee.
From hngn.com
Who's involved
- Derrick Van OrdenIntroduced legislation concerning partial claim structures
- HouseThe legislative body where the bill was introduced
Keep exploring
The entities involved
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Derrick Van Orden
American politician (born 1969)
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Fannie Mae
government-backed financial services company