S. 2490 - Reverse Mortgage Proceeds Protection Act
Housing.
- Sponsor:
- Summary:
- A bill to prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers. (by CRS)
- Status:
- The bill has been introduced.
There have been no votes on this bill.
- Total Contributions
- Contributions by Vote
- $ Near Votes
- Timeline of Contributions
Reverse Mortgage Proceeds Protection Act
S. 2490 — 110th Congress (2007–2008)
- Summary
- A bill to prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers. (by CRS)
- Learn More
- at OpenCongress
- Title
- A bill to prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers.
- Other Titles
- Reverse Mortgage Proceeds Protection Act
- Sponsor
- Claire McCaskill
- Co-Sponsors
- Subjects
- Housing
- Administrative procedure
- Aged
- Annuities
- Business
- Consumer protection
- Consumers
- Counseling
- Department of Housing and Urban Development
- Executive departments
- Finance
- Financial services
- Health policy
- Home equity conversion
- Housing for the aged
- Insurance premiums
- Law
- Long-term care insurance
- Marketing
- Medical care
- Pensions
- Social services
- Related Bills
- Major Actions
Introduced 12/14/2007 Referred to Committee - Bill History
-
There have been no votes on this bill.
Action Date Description Introduced 12/14/2007 12/14/2007 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Number Sponsor Date Offered Status
Includes reported contributions to congressional campaigns of Senators in office during the 110th U.S. Congress, from Elderly issues/Social Security interest groups, January 1, 2003 – December 31, 2008.
Contributions data source: OpenSecrets.org
Contributions data source: OpenSecrets.org
Contributions By Legislator
Name | Party | State | $ From Interest Groups That Supported | $ From Interest Groups That Opposed |
|---|---|---|---|---|
| Akaka, Daniel | D | HI | $1,000 | $0 |
| Alexander, Lamar | R | TN | $0 | $0 |
| Allard, Wayne | R | CO | $0 | $0 |
| Barrasso, John | R | WY | $0 | $0 |
| Baucus, Max | D | MT | $6,500 | $0 |
| Bayh, Evan | D | IN | $0 | $0 |
| Bennett, Robert | R | UT | $0 | $0 |
| Biden, Joseph | D | DE | $0 | $0 |
| Bingaman, Jeff | D | NM | $4,000 | $0 |
| Bond, Christopher | R | MO | $0 | $0 |
| Boxer, Barbara | D | CA | $4,000 | $0 |
| Brown, Sherrod | D | OH | $13,000 | $0 |
| Brownback, Samuel | R | KS | $0 | $0 |
| Bunning, Jim | R | KY | $0 | $0 |
| Burr, Richard | R | NC | $0 | $0 |
| Byrd, Robert | D | WV | $3,000 | $0 |
| Cantwell, Maria | D | WA | $1,000 | $0 |
| Cardin, Benjamin | D | MD | $10,450 | $0 |
| Carper, Thomas | D | DE | $1,580 | $0 |
| Casey, Robert | D | PA | $14,550 | $0 |
| Chambliss, Saxby | R | GA | $0 | $0 |
| Clinton, Hillary | D | NY | $9,450 | $0 |
| Coburn, Thomas | R | OK | $0 | $0 |
| Cochran, Thad | R | MS | $0 | $0 |
| Coleman, Norm | R | MN | $0 | $0 |
| Collins, Susan | R | ME | $0 | $0 |
| Conrad, Kent | D | ND | $6,000 | $0 |
| Corker, Bob | R | TN | $0 | $0 |
| Cornyn, John | R | TX | $0 | $0 |
| Craig, Larry | R | ID | $0 | $0 |
| Crapo, Michael | R | ID | $0 | $0 |
| DeMint, Jim | R | SC | $0 | $0 |
| Dodd, Christopher | D | CT | $6,800 | $0 |
| Dole, Elizabeth | R | NC | $0 | $0 |
| Domenici, Pete | R | NM | $0 | $0 |
| Dorgan, Byron | D | ND | $4,000 | $0 |
| Durbin, Richard | D | IL | $4,000 | $0 |
| Ensign, John | R | NV | $0 | $0 |
| Enzi, Michael | R | WY | $0 | $0 |
| Feingold, Russell | D | WI | $7,999 | $0 |
| Feinstein, Dianne | D | CA | $3,200 | $0 |
| Graham, Lindsey | R | SC | $0 | $0 |
| Grassley, Charles | R | IA | $2,000 | $0 |
| Gregg, Judd | R | NH | $0 | $0 |
| Hagel, Charles | R | NE | $0 | $0 |
| Harkin, Thomas | D | IA | $5,000 | $0 |
| Hatch, Orrin | R | UT | $0 | $0 |
| Hutchison, Kay | R | TX | $0 | $0 |
| Inhofe, James | R | OK | $0 | $0 |
| Inouye, Daniel | D | HI | $1,000 | $0 |
| Isakson, John | R | GA | $0 | $0 |
| Johnson, Tim | D | SD | $8,000 | $0 |
| Kennedy, Edward | D | MA | $1,800 | $0 |
| Kerry, John | D | MA | $0 | $0 |
| Klobuchar, Amy | D | MN | $12,700 | $0 |
| Kohl, Herbert | D | WI | $0 | $0 |
| Kyl, Jon | R | AZ | $0 | $0 |
| Landrieu, Mary | D | LA | $5,000 | $0 |
| Lautenberg, Frank | D | NJ | $3,500 | $0 |
| Leahy, Patrick | D | VT | $0 | $0 |
| Levin, Carl | D | MI | $1,000 | $0 |
| Lieberman, Joseph | I | CT | $3,400 | $0 |
| Lincoln, Blanche | D | AR | $6,000 | $0 |
| Lott, Trent | R | MS | $0 | $0 |
| Lugar, Richard | R | IN | $0 | $0 |
| Martinez, Mel | R | FL | $0 | $0 |
| McCain, John | R | AZ | $2,000 | $0 |
| McCaskill, Claire | D | MO | $10,250 | $0 |
| McConnell, Mitch | R | KY | $0 | $0 |
| Menéndez, Robert | D | NJ | $7,500 | $0 |
| Mikulski, Barbara | D | MD | $9,000 | $0 |
| Murkowski, Lisa | R | AK | $0 | $0 |
| Murray, Patty | D | WA | $9,588 | $0 |
| Nelson, Ben | D | NE | $8,999 | $0 |
| Nelson, Bill | D | FL | $5,000 | $0 |
| Obama, Barack | D | IL | $3,500 | $0 |
| Pryor, Mark | D | AR | $3,000 | $0 |
| Reed, John | D | RI | $2,400 | $0 |
| Reid, Harry | D | NV | $6,000 | $0 |
| Roberts, Pat | R | KS | $0 | $0 |
| Rockefeller, John | D | WV | $2,000 | $0 |
| Salazar, Ken | D | CO | $6,000 | $0 |
| Sanders, Bernard | I | VT | $5,500 | $0 |
| Schumer, Charles | D | NY | $1,000 | $0 |
| Sessions, Jefferson | R | AL | $0 | $0 |
| Shelby, Richard | R | AL | $0 | $0 |
| Smith, Gordon | R | OR | $4,000 | $0 |
| Snowe, Olympia | R | ME | $5,000 | $0 |
| Specter, Arlen | D | PA | $5,000 | $0 |
| Stabenow, Debbie Ann | D | MI | $7,500 | $0 |
| Stevens, Ted | R | AK | $0 | $0 |
| Sununu, John | R | NH | $0 | $0 |
| Tester, Jon | D | MT | $5,199 | $0 |
| Thomas, Craig | R | WY | $0 | $0 |
| Thune, John | R | SD | $300 | $0 |
| Vitter, David | R | LA | $0 | $0 |
| Voinovich, George | R | OH | $2,000 | $0 |
| Warner, John | R | VA | $0 | $0 |
| Webb, Jim | D | VA | $1,550 | $0 |
| Whitehouse, Sheldon | D | RI | $2,000 | $0 |
| Wicker, Roger | R | MS | $0 | $0 |
| Wyden, Ron | D | OR | $1,000 | $0 |
