A bill to authorize the creation of a "Lending.gov" as a shared services platform to provide a single source of access to loans provided by Federal agencies, and modern technology to support effective management of Federal credit programs, in order to reduce costs, prevent fraud, increase the speed of origination, improve transparency, improve access and customer experience, and for other purposes.
Creates unified Lending.gov platform consolidating federal agency loans to reduce costs, speed origination, improve fraud prevention, and enhance borrower access and transparency.