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S. 2169 - PROMISE Act

Housing. 110th Congress (2007-2008) View bill details
Sponsor:
Summary:
A bill to temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes. (by CRS) 
Status:
The bill has been introduced. 
There have been no votes on this bill.

PROMISE Act

S. 2169 — 110th Congress (2007–2008)

Summary
A bill to temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes. (by CRS)
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At OpenCongress
Title
A bill to temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes.
Other Titles
  • PROMISE Act
  • Promoting Refinancing Opportunities for Mortgages Impacted by the Subprime Emergency Act of 2007
Sponsor
Charles Schumer
Co-Sponsors
Subjects
  • Housing
  • Budgets
  • Consent decrees
  • Finance
  • Foreclosure
  • Law
  • Mortgages
  • Secondary mortgage market
Related Bills
Major Actions
Introduced10/16/2007
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced10/16/2007
10/16/2007Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
NumberSponsorDate OfferedStatus

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Includes reported contributions to congressional campaigns of Senators in office during the 110th U.S. Congress, from interest groups invested in the vote according to MapLight, January 1, 2003 – December 31, 2008.
Contributions data source: OpenSecrets.org

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Daniel K. AkakaDHI$0$0
Andrew Lamar AlexanderRTN$0$0
Alan Wayne AllardRCO$0$0
John BarrassoRWY$0$0
Max BaucusDMT$0$0
Birch "Evan" BayhDIN$0$0
Bob BennettRUT$0$0
Joe BidenDDE$0$0
Jesse "Jeff" BingamanDNM$0$0
Christopher "Kit" BondRMO$0$0
Barbara BoxerDCA$0$0
Sherrod BrownDOH$0$0
Sam BrownbackRKS$0$0
Jim BunningRKY$0$0
Richard BurrRNC$0$0
Robert ByrdDWV$0$0
Maria CantwellDWA$0$0
Ben CardinDMD$0$0
Tom CarperDDE$0$0
Bob CaseyDPA$0$0
Clarence Saxby ChamblissRGA$0$0
Hillary ClintonDNY$0$0
Tom CoburnROK$0$0
William Thad CochranRMS$0$0
Norm ColemanRMN$0$0
Susan CollinsRME$0$0
Gaylord Kent ConradDND$0$0
Bob CorkerRTN$0$0
John CornynRTX$0$0
Larry CraigRID$0$0
Mike CrapoRID$0$0
Jim DeMintRSC$0$0
Chris DoddDCT$0$0
Mary Elizabeth DoleRNC$0$0
Pete DomeniciRNM$0$0
Byron DorganDND$0$0
Dick DurbinDIL$0$0
John EnsignRNV$0$0
Mike EnziRWY$0$0
Russ FeingoldDWI$0$0
Dianne FeinsteinDCA$0$0
Lindsey GrahamRSC$0$0
Chuck GrassleyRIA$0$0
Judd GreggRNH$0$0
Chuck HagelRNE$0$0
Tom HarkinDIA$0$0
Orrin HatchRUT$0$0
Kay Bailey HutchisonRTX$0$0
Jim InhofeROK$0$0
Dan InouyeDHI$0$0
Johnny IsaksonRGA$0$0
Tim JohnsonDSD$0$0
Ted KennedyDMA$0$0
John KerryDMA$0$0
Amy KlobucharDMN$0$0
Herb KohlDWI$0$0
Jon KylRAZ$0$0
Mary LandrieuDLA$0$0
Frank LautenbergDNJ$0$0
Patrick LeahyDVT$0$0
Carl LevinDMI$0$0
Joe LiebermanICT$0$0
Blanche LincolnDAR$0$0
Chester Trent LottRMS$0$0
Dick LugarRIN$0$0
Mel MartinezRFL$0$0
John McCainRAZ$0$0
Claire McCaskillDMO$0$0
Addison "Mitch" McConnellRKY$0$0
Bob MenéndezDNJ$0$0
Barbara MikulskiDMD$0$0
Lisa MurkowskiRAK$0$0
Patty MurrayDWA$0$0
Earl "Ben" NelsonDNE$0$0
Clarence "Bill" NelsonDFL$0$0
Barack ObamaDIL$0$0
Mark PryorDAR$0$0
John "Jack" ReedDRI$0$0
Harry ReidDNV$0$0
Charles "Pat" RobertsRKS$0$0
John "Jay" RockefellerDWV$0$0
Ken SalazarDCO$0$0
Bernie SandersIVT$0$0
Chuck SchumerDNY$0$0
Jeff SessionsRAL$0$0
Richard ShelbyRAL$0$0
Gordon SmithROR$0$0
Olympia SnoweRME$0$0
Arlen SpecterDPA$0$0
Debbie StabenowDMI$0$0
Ted StevensRAK$0$0
John SununuRNH$0$0
Jon TesterDMT$0$0
John ThuneRSD$0$0
David VitterRLA$0$0
George VoinovichROH$0$0
John WarnerRVA$0$0
Jim WebbDVA$0$0
Sheldon WhitehouseDRI$0$0
Ron WydenDOR$0$0

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