H.R. 5579 - Emergency Mortgage Loan Modification Act of 2008
- Sponsor:
- Michael Castle
- Summary:
- To remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, and for other purposes. (by CRS)
- Status:
- The bill has passed through committee and has been put on a legislative calendar.
Emergency Mortgage Loan Modification Act of 2008
H.R. 5579 — 110th Congress (2007–2008)
- Summary
- To remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, and for other purposes. (by CRS)
- Learn More
- At OpenCongress
- Title
- To remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, and for other purposes.
- Other Titles
- Emergency Mortgage Loan Modification Act of 2008
- Emergency Mortgage Loan Modification Act of 2008
- Sponsor
- Michael Castle
- Co-Sponsors
- Subjects
- Housing
- Finance
- Foreclosure
- Investors
- Liability (Law)
- Loan defaults
- Losses
- Mortgage banks
- Mortgage interest rates
- Mortgages
- Secondary mortgage market
- Related Bills
- Major Actions
Introduced 3/11/2008 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 3/11/2008 3/11/2008 Referred to the House Committee on Financial Services. 4/15/2008 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. 4/15/2008 Subcommittee Hearings Held. 4/23/2008 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 4/23/2008 Ordered to be Reported (Amended) by Voice Vote. 5/01/2008 Reported (Amended) by the Committee on Financial Services. H. Rept. 110-615. Put on a legislative calendar 5/01/2008 Placed on the Union Calendar, Calendar No. 382. Number Sponsor Date Offered Status
Total contributions given to House members from interest groups that…
supported this bill
| Real estate agents | $6,483,483 |
| $6,483,483 |
opposed this bill
| Mortgage bankers and brokers | $2,093,168 |
| Securities, commodities & investment | $759,291 |
| $2,852,459 |
Interest groups that supported this bill gave 127% more as interest groups that opposed this bill
Contributions data source: OpenSecrets.org
