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
- Total Contributions
- Contributions by Vote
- $ Near Votes
- Timeline of Contributions
- chart
- table
Total contributions given to Senators from Elderly issues/Social Security, which…
supported this bill
| Elderly issues/Social Security | $265,215 |
| $265,215 |
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 |
