To amend title 38, United States Code, to require the Secretary of Veterans Affairs to submit to Congress a quarterly report on housing loans insured, guaranteed, or under laws administered by the Secretary, and for other purposes.

Section 3736 of title 38, United States Code, is amended—

(1) by striking The annual report and inserting (a) The annual report; and

(2) by adding at the end the following new subsection:

(b) The Secretary shall submit to the Committees on Veterans’ Affairs of the House of Representatives and the Senate a quarterly report on the administration by the Secretary of housing loan benefits under this chapter. Such quarterly report shall include, with respect to the quarter that precedes the quarter during which the report is submitted, the following:

(1) The number of housing loans insured, guaranteed, or made by the Secretary under this chapter.

(2) The number of applications for housing loan benefits under this chapter denied by the Secretary.

(3) The number of housing loans insured, guaranteed, or made by the Secretary under this chapter refinanced under section 3710(a)(8) of this title or section 3712 of this title.

(4) The number of veterans who owe a payment on mortgage associated with a loan insured, guaranteed, or made by the Secretary under this chapter that is at least—

(A) 60 days late; and

(B) 90 days late.

(5) The number of full-time employees of the VA Home Loan Guaranty Service of the Department (or any successor office).

(2) .