S. 2490 - Reverse Mortgage Proceeds Protection Act
Housing. 110th Congress (2007-2008) View bill details
- Sponsor:
- Claire McCaskill
- 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.
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
Contributions
- January - February 2003 For $3,000 Against $0
- March - April 2003 For $4,000 Against $0
- May - June 2003 For $8,000 Against $0
- July - August 2003 For $4,500 Against $0
- September - October 2003 For $6,000 Against $0
- November - December 2003 For $0 Against $0
- January - February 2004 For $3,500 Against $0
- March - April 2004 For $4,250 Against $0
- May - June 2004 For $7,200 Against $0
- July - August 2004 For $3,500 Against $0
- September - October 2004 For $26,687 Against $0
- November - December 2004 For $3,000 Against $0
- January - February 2005 For $14,080 Against $0
- March - April 2005 For $11,000 Against $0
- May - June 2005 For $13,750 Against $0
- July - August 2005 For $4,000 Against $0
- September - October 2005 For $10,700 Against $0
- November - December 2005 For $2,250 Against $0
- January - February 2006 For $8,250 Against $0
- March - April 2006 For $16,250 Against $0
- May - June 2006 For $9,050 Against $0
- July - August 2006 For $5,350 Against $0
- September - October 2006 For $46,798 Against $0
- November - December 2006 For $4,400 Against $0
- January - February 2007 For $1,500 Against $0
- March - April 2007 For $5,500 Against $0
- May - June 2007 For $6,000 Against $0
- July - August 2007 For $3,500 Against $0
- September - October 2007 For $3,400 Against $0
- November - December 2007 For $2,500 Against $0
- January - February 2008 For $1,000 Against $0
- March - April 2008 For $5,500 Against $0
- May - June 2008 For $3,000 Against $0
- July - August 2008 For $5,000 Against $0
- September - October 2008 For $9,800 Against $0
- November - December 2008 For $2,000 Against $0
Votes
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 |
|---|---|---|---|---|
| Daniel K. Akaka | D | HI | $1,000 | $0 |
| Andrew Lamar Alexander | R | TN | $0 | $0 |
| Alan Wayne Allard | R | CO | $0 | $0 |
| John Barrasso | R | WY | $0 | $0 |
| Max Baucus | D | MT | $6,500 | $0 |
| Birch "Evan" Bayh | D | IN | $0 | $0 |
| Bob Bennett | R | UT | $0 | $0 |
| Joe Biden | D | DE | $0 | $0 |
| Jesse "Jeff" Bingaman | D | NM | $4,000 | $0 |
| Christopher "Kit" Bond | R | MO | $0 | $0 |
| Barbara Boxer | D | CA | $4,000 | $0 |
| Sherrod Brown | D | OH | $13,000 | $0 |
| Sam Brownback | R | KS | $0 | $0 |
| Jim Bunning | R | KY | $0 | $0 |
| Richard Burr | R | NC | $0 | $0 |
| Robert Byrd | D | WV | $3,000 | $0 |
| Maria Cantwell | D | WA | $1,000 | $0 |
| Ben Cardin | D | MD | $10,450 | $0 |
| Tom Carper | D | DE | $1,580 | $0 |
| Bob Casey | D | PA | $14,550 | $0 |
| Clarence Saxby Chambliss | R | GA | $0 | $0 |
| Hillary Clinton | D | NY | $9,950 | $0 |
| Tom Coburn | R | OK | $0 | $0 |
| William Thad Cochran | R | MS | $0 | $0 |
| Norm Coleman | R | MN | $0 | $0 |
| Susan Collins | R | ME | $0 | $0 |
| Gaylord Kent Conrad | D | ND | $6,000 | $0 |
| Bob Corker | R | TN | $0 | $0 |
| John Cornyn | R | TX | $0 | $0 |
| Larry Craig | R | ID | $0 | $0 |
| Mike Crapo | R | ID | $0 | $0 |
| Jim DeMint | R | SC | $0 | $0 |
| Chris Dodd | D | CT | $6,800 | $0 |
| Mary Elizabeth Dole | R | NC | $0 | $0 |
| Pete Domenici | R | NM | $0 | $0 |
| Byron Dorgan | D | ND | $4,000 | $0 |
| Dick Durbin | D | IL | $4,000 | $0 |
| John Ensign | R | NV | $0 | $0 |
| Mike Enzi | R | WY | $0 | $0 |
| Russ Feingold | D | WI | $10,499 | $0 |
| Dianne Feinstein | D | CA | $3,200 | $0 |
| Lindsey Graham | R | SC | $0 | $0 |
| Chuck Grassley | R | IA | $2,000 | $0 |
| Judd Gregg | R | NH | $0 | $0 |
| Chuck Hagel | R | NE | $0 | $0 |
| Tom Harkin | D | IA | $5,000 | $0 |
| Orrin Hatch | R | UT | $0 | $0 |
| Kay Bailey Hutchison | R | TX | $0 | $0 |
| Jim Inhofe | R | OK | $0 | $0 |
| Dan Inouye | D | HI | $1,000 | $0 |
| Johnny Isakson | R | GA | $0 | $0 |
| Tim Johnson | D | SD | $8,000 | $0 |
| Ted Kennedy | D | MA | $1,800 | $0 |
| John Kerry | D | MA | $0 | $0 |
| Amy Klobuchar | D | MN | $12,700 | $0 |
| Herb Kohl | D | WI | $0 | $0 |
| Jon Kyl | R | AZ | $0 | $0 |
| Mary Landrieu | D | LA | $5,000 | $0 |
| Frank Lautenberg | D | NJ | $3,500 | $0 |
| Patrick Leahy | D | VT | $0 | $0 |
| Carl Levin | D | MI | $1,000 | $0 |
| Joe Lieberman | I | CT | $3,400 | $0 |
| Blanche Lincoln | D | AR | $6,000 | $0 |
| Chester Trent Lott | R | MS | $0 | $0 |
| Dick Lugar | R | IN | $0 | $0 |
| Mel Martinez | R | FL | $0 | $0 |
| John McCain | R | AZ | $2,000 | $0 |
| Claire McCaskill | D | MO | $10,250 | $0 |
| Addison "Mitch" McConnell | R | KY | $0 | $0 |
| Bob Menéndez | D | NJ | $7,500 | $0 |
| Barbara Mikulski | D | MD | $9,000 | $0 |
| Lisa Murkowski | R | AK | $0 | $0 |
| Patty Murray | D | WA | $9,588 | $0 |
| Earl "Ben" Nelson | D | NE | $8,999 | $0 |
| Clarence "Bill" Nelson | D | FL | $5,000 | $0 |
| Barack Obama | D | IL | $3,500 | $0 |
| Mark Pryor | D | AR | $3,000 | $0 |
| John "Jack" Reed | D | RI | $2,400 | $0 |
| Harry Reid | D | NV | $6,000 | $0 |
| Charles "Pat" Roberts | R | KS | $0 | $0 |
| John "Jay" Rockefeller | D | WV | $2,000 | $0 |
| Ken Salazar | D | CO | $6,000 | $0 |
| Bernie Sanders | I | VT | $5,500 | $0 |
| Chuck Schumer | D | NY | $1,000 | $0 |
| Jeff Sessions | R | AL | $0 | $0 |
| Richard Shelby | R | AL | $0 | $0 |
| Gordon Smith | R | OR | $4,000 | $0 |
| Olympia Snowe | R | ME | $5,000 | $0 |
| Arlen Specter | D | PA | $5,000 | $0 |
| Debbie Stabenow | D | MI | $7,500 | $0 |
| Ted Stevens | R | AK | $0 | $0 |
| John Sununu | R | NH | $0 | $0 |
| Jon Tester | D | MT | $5,199 | $0 |
| John Thune | R | SD | $300 | $0 |
| David Vitter | R | LA | $0 | $0 |
| George Voinovich | R | OH | $2,000 | $0 |
| John Warner | R | VA | $0 | $0 |
| Jim Webb | D | VA | $1,550 | $0 |
| Sheldon Whitehouse | D | RI | $2,000 | $0 |
| Ron Wyden | D | OR | $1,000 | $0 |
