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S. 2636 - Foreclosure Prevention Act of 2008

Housing.
Sponsor:
Summary:
A bill to provide needed housing reform. (by CRS) 
Status:
The bill has passed through committee and has been put on a legislative calendar. 
There have been no votes on this bill.

Foreclosure Prevention Act of 2008

S. 2636 — 110th Congress (2007–2008)

Summary
A bill to provide needed housing reform. (by CRS)
Learn More
At OpenCongress
Title
A bill to provide needed housing reform.
Other Titles
  • Foreclosure Prevention Act of 2008
  • Helping Families Save Their Homes in Bankruptcy Act of 2008
  • Mortgage Disclosure Improvement Act of 2008
Sponsor
Harry Reid
Co-Sponsors
Subjects
  • Housing
  • Affordable housing
  • Appropriations
  • Bankruptcy
  • Bonds
  • Budgets
  • Community development
  • Community development banking
  • Consumer credit
  • Consumer education
  • Consumer protection
  • Consumers
  • Counseling
  • Damages
  • Debtor and creditor
  • Federal aid to housing
  • Fees
  • Finance
  • Foreclosure
  • Income tax
  • Infrastructure
  • Land banking
  • Law
  • Liability (Law)
  • Loan defaults
  • Losses
  • Low-income housing
  • Minimum tax
  • Moderate income housing
  • Mortgage interest rates
  • Mortgages
  • Natural resources
  • Neighborhood Reinvestment Corporation
  • Public lands
  • Real estate appraisal
  • Residential rehabilitation
  • Social services
  • Tax deductions
  • Taxation
  • Welfare
Related Bills
Major Actions
Introduced2/13/2008
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced2/13/2008
2/13/2008Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Put on a legislative calendar2/14/2008Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 577.
NumberSponsorDate OfferedStatus
18 Organizations Supported and 3 Opposed; See Which Ones
18 Organizations Supported and 3 Opposed; See Which Ones

Organizations that took a position on
Foreclosure Prevention Act of 2008

18 organizations supported this bill

AFL-CIO
(n.d.). Support Letter for S. 2636. Retrieved n.d., from .
American Association of Retired Persons
(n.d.). Take Action Now. Retrieved n.d., from .
Association of Community Organizations for Reform Now
(n.d.). Letter of Support for S. 2636. Retrieved n.d., from .
Black Leadership Forum
(n.d.). Letter of Support for S. 2636. Retrieved n.d., from .
Center for Responsible Lending
(n.d.). Letter of Support for S. 2636. Retrieved n.d., from .
Consumer Action
(n.d.). Letter of Support for S. 2636. Retrieved n.d., from .
Consumer Federation of America
(n.d.). Letter of Support for S. 2636. Retrieved n.d., from .
Lawyers' Committee for Civil Rights Under Law
(n.d.). Letter of Support for S. 2636. Retrieved n.d., from .
National Association for the Advancement of Colored People
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
National Association of Consumer Advocates
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
National Association of Consumer Bankruptcy Attorneys
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
National Consumer Law Center
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
National Council of La Raza
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
National Neighborworks Association
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
Native American Community Development Financial Institution Coalition
(n.d.). Support Letter for S. 2636. Retrieved n.d., from .
Opportunity Finance Network
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
Service Employees International Union
(n.d.). Letter of Support for S.2636. Retrieved n.d., from .
United States Conference of Mayors
(n.d.). Support letter. Retrieved n.d., from .

3 organizations opposed this bill

American Bankers Association
(n.d.). Protect Mortgage Credit -- Oppose Title IV of S. 2636 . Retrieved n.d., from .
Mortgage Bankers Association
(n.d.). MBA Hails Veto Threat on Senate Housing Bill. Retrieved n.d., from .
National Association of Home Builders
(n.d.). Bankruptcy Provision Puts Snag in Senate Housing Bill. Retrieved n.d., from .

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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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Contributions by Legislator

Namesort iconPartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Daniel K. AkakaDHI$37,490$46,500
Andrew Lamar AlexanderRTN$5,600$152,500
Alan Wayne AllardRCO$0$14,000
John BarrassoRWY$0$53,450
Max BaucusDMT$22,500$214,130
Birch "Evan" BayhDIN$32,700$188,144
Bob BennettRUT$3,000$215,949
Joe BidenDDE$27,300$53,425
Jesse "Jeff" BingamanDNM$18,000$38,000
Christopher "Kit" BondRMO$0$197,349
Barbara BoxerDCA$52,500$52,830
Sherrod BrownDOH$71,422$114,869
Sam BrownbackRKS$5,000$52,034
Jim BunningRKY$0$160,838
Richard BurrRNC$0$331,239
Robert ByrdDWV$23,250$44,350
Maria CantwellDWA$27,650$40,585
Ben CardinDMD$63,650$128,350
Tom CarperDDE$11,580$337,105
Bob CaseyDPA$107,050$132,120
Clarence Saxby ChamblissRGA$0$249,023
Hillary ClintonDNY$179,645$636,835
Tom CoburnROK$0$75,849
William Thad CochranRMS$0$43,150
Norm ColemanRMN$16,519$295,095
Susan CollinsRME$0$106,984
Gaylord Kent ConradDND$19,000$153,950
Bob CorkerRTN$0$239,200
John CornynRTX$12,450$375,542
Larry CraigRID$0$9,710
Mike CrapoRID$1,000$202,356
Jim DeMintRSC$500$204,250
Chris DoddDCT$21,400$449,400
Mary Elizabeth DoleRNC$12,930$290,789
Pete DomeniciRNM$0$45,550
Byron DorganDND$16,000$61,550
Dick DurbinDIL$27,850$165,300
John EnsignRNV$500$77,900
Mike EnziRWY$0$97,800
Russ FeingoldDWI$43,249$33,360
Dianne FeinsteinDCA$19,950$79,799
Lindsey GrahamRSC$14,600$124,950
Chuck GrassleyRIA$16,000$111,250
Judd GreggRNH$1,000$65,550
Chuck HagelRNE$0$69,450
Tom HarkinDIA$35,930$81,530
Orrin HatchRUT$7,500$116,850
Kay Bailey HutchisonRTX$2,000$177,600
Jim InhofeROK$0$69,800
Dan InouyeDHI$36,501$78,975
Johnny IsaksonRGA$0$218,219
Tim JohnsonDSD$43,198$279,792
Ted KennedyDMA$29,900$66,849
John KerryDMA$22,300$28,408
Amy KlobucharDMN$71,585$83,310
Herb KohlDWI$0$0
Jon KylRAZ$3,400$232,200
Mary LandrieuDLA$29,550$143,649
Frank LautenbergDNJ$20,300$57,425
Patrick LeahyDVT$12,000$27,000
Carl LevinDMI$34,521$58,450
Joe LiebermanICT$42,100$171,900
Blanche LincolnDAR$26,750$145,157
Dick LugarRIN$23,800$77,100
Mel MartinezRFL$11,500$314,500
John McCainRAZ$2,500$41,800
Claire McCaskillDMO$44,720$56,150
Addison "Mitch" McConnellRKY$27,450$376,450
Bob MenéndezDNJ$105,920$241,833
Barbara MikulskiDMD$37,000$64,000
Lisa MurkowskiRAK$16,350$46,950
Patty MurrayDWA$48,788$83,425
Earl "Ben" NelsonDNE$19,999$178,679
Clarence "Bill" NelsonDFL$16,250$81,050
Barack ObamaDIL$98,625$265,803
Mark PryorDAR$16,700$100,392
John "Jack" ReedDRI$16,900$214,449
Harry ReidDNV$41,600$259,196
Charles "Pat" RobertsRKS$0$192,090
John "Jay" RockefellerDWV$18,000$73,400
Ken SalazarDCO$48,550$131,375
Bernie SandersIVT$24,248$2,000
Chuck SchumerDNY$35,000$287,350
Jeff SessionsRAL$0$127,280
Richard ShelbyRAL$0$521,547
Gordon SmithROR$7,000$152,300
Olympia SnoweRME$26,100$56,000
Arlen SpecterDPA$72,450$203,500
Debbie StabenowDMI$54,300$183,266
Ted StevensRAK$7,700$26,150
John SununuRNH$0$319,456
Jon TesterDMT$15,949$65,650
John ThuneRSD$300$139,749
David VitterRLA$7,127$119,149
George VoinovichROH$3,250$203,275
John WarnerRVA$0$650
Jim WebbDVA$28,010$44,250
Sheldon WhitehouseDRI$19,500$63,081
Roger WickerRMS$3,300$145,674
Ron WydenDOR$4,000$42,500

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NamePartyState$ From Interest Groups
That Supported		$ From Interest Groups
That Opposed
Daniel K. AkakaDHI$37,490$46,500
Andrew Lamar AlexanderRTN$5,600$152,500
Alan Wayne AllardRCO$0$14,000
John BarrassoRWY$0$53,450
Max BaucusDMT$22,500$214,130
Birch "Evan" BayhDIN$32,700$188,144
Bob BennettRUT$3,000$215,949
Joe BidenDDE$27,300$53,425
Jesse "Jeff" BingamanDNM$18,000$38,000
Christopher "Kit" BondRMO$0$197,349
Barbara BoxerDCA$52,500$52,830
Sherrod BrownDOH$71,422$114,869
Sam BrownbackRKS$5,000$52,034
Jim BunningRKY$0$160,838
Richard BurrRNC$0$331,239
Robert ByrdDWV$23,250$44,350
Maria CantwellDWA$27,650$40,585
Ben CardinDMD$63,650$128,350
Tom CarperDDE$11,580$337,105
Bob CaseyDPA$107,050$132,120
Clarence Saxby ChamblissRGA$0$249,023
Hillary ClintonDNY$179,645$636,835
Tom CoburnROK$0$75,849
William Thad CochranRMS$0$43,150
Norm ColemanRMN$16,519$295,095
Susan CollinsRME$0$106,984
Gaylord Kent ConradDND$19,000$153,950
Bob CorkerRTN$0$239,200
John CornynRTX$12,450$375,542
Larry CraigRID$0$9,710
Mike CrapoRID$1,000$202,356
Jim DeMintRSC$500$204,250
Chris DoddDCT$21,400$449,400
Mary Elizabeth DoleRNC$12,930$290,789
Pete DomeniciRNM$0$45,550
Byron DorganDND$16,000$61,550
Dick DurbinDIL$27,850$165,300
John EnsignRNV$500$77,900
Mike EnziRWY$0$97,800
Russ FeingoldDWI$43,249$33,360
Dianne FeinsteinDCA$19,950$79,799
Lindsey GrahamRSC$14,600$124,950
Chuck GrassleyRIA$16,000$111,250
Judd GreggRNH$1,000$65,550
Chuck HagelRNE$0$69,450
Tom HarkinDIA$35,930$81,530
Orrin HatchRUT$7,500$116,850
Kay Bailey HutchisonRTX$2,000$177,600
Jim InhofeROK$0$69,800
Dan InouyeDHI$36,501$78,975
Johnny IsaksonRGA$0$218,219
Tim JohnsonDSD$43,198$279,792
Ted KennedyDMA$29,900$66,849
John KerryDMA$22,300$28,408
Amy KlobucharDMN$71,585$83,310
Herb KohlDWI$0$0
Jon KylRAZ$3,400$232,200
Mary LandrieuDLA$29,550$143,649
Frank LautenbergDNJ$20,300$57,425
Patrick LeahyDVT$12,000$27,000
Carl LevinDMI$34,521$58,450
Joe LiebermanICT$42,100$171,900
Blanche LincolnDAR$26,750$145,157
Dick LugarRIN$23,800$77,100
Mel MartinezRFL$11,500$314,500
John McCainRAZ$2,500$41,800
Claire McCaskillDMO$44,720$56,150
Addison "Mitch" McConnellRKY$27,450$376,450
Bob MenéndezDNJ$105,920$241,833
Barbara MikulskiDMD$37,000$64,000
Lisa MurkowskiRAK$16,350$46,950
Patty MurrayDWA$48,788$83,425
Earl "Ben" NelsonDNE$19,999$178,679
Clarence "Bill" NelsonDFL$16,250$81,050
Barack ObamaDIL$98,625$265,803
Mark PryorDAR$16,700$100,392
John "Jack" ReedDRI$16,900$214,449
Harry ReidDNV$41,600$259,196
Charles "Pat" RobertsRKS$0$192,090
John "Jay" RockefellerDWV$18,000$73,400
Ken SalazarDCO$48,550$131,375
Bernie SandersIVT$24,248$2,000
Chuck SchumerDNY$35,000$287,350
Jeff SessionsRAL$0$127,280
Richard ShelbyRAL$0$521,547
Gordon SmithROR$7,000$152,300
Olympia SnoweRME$26,100$56,000
Arlen SpecterDPA$72,450$203,500
Debbie StabenowDMI$54,300$183,266
Ted StevensRAK$7,700$26,150
John SununuRNH$0$319,456
Jon TesterDMT$15,949$65,650
John ThuneRSD$300$139,749
David VitterRLA$7,127$119,149
George VoinovichROH$3,250$203,275
John WarnerRVA$0$650
Jim WebbDVA$28,010$44,250
Sheldon WhitehouseDRI$19,500$63,081
Roger WickerRMS$3,300$145,674
Ron WydenDOR$4,000$42,500

Interest Groups that supported this bill

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$ Donated
Minority/Ethnic Groups$1,211,093
State & local govt employee unions$484,348
Elderly issues/Social Security$268,215
Labor Unions$241,400
Human Rights$19,800
Consumer groups$6,850
Municipal & county government organizations$0

Interest Groups that opposed this bill

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$ Donated
Commercial banks & bank holding companies$11,179,670
Mortgage bankers and brokers$2,857,397
Builders associations$333,875
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