H.R.7789

Federal Loan Systems Modernization Act of 2026

Introduced·3/4/26

Federal Loan Systems Modernization Act of 2026 aims to create a centralized loan platform, "Lending.gov," to modernize federal loan management.

The Federal Loan Systems Modernization Act of 2026 authorizes the creation of "Lending.gov," a centralized loan platform to streamline federal loan management. The act aims to reduce costs, prevent fraud, increase the speed of loan origination, improve transparency, and enhance customer experience. It mandates the migration of federal loan management systems to the new platform, with exceptions possible under certain conditions. The act also establishes criteria for migration, sets performance standards, and requires annual surveys to assess platform satisfaction.

Included in complete analysis

  • Overview
  • Core Provisions
  • Implementation
  • Impact
  • Legal Framework
  • Critical Issues

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Where it stands

Current
Oversight And Government Reform Committee
Next
Committee decision

Sponsors

1
1
Democratic CaucusRepublican Caucus

History

Mar 4

House

Introduced in House

Mar 4

House

Referred to the House Committee on Oversight and Government Reform.