S. 2636 - Foreclosure Prevention Act of 2008

Housing. 110th Congress (2007-2008) View bill details
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
scale for bar graph of contributions

Contributions

  1. January - February 2003 For $29,550 Against $219,045
  2. March - April 2003 For $85,000 Against $590,301
  3. May - June 2003 For $197,550 Against $675,597
  4. July - August 2003 For $27,300 Against $224,884
  5. September - October 2003 For $59,300 Against $244,553
  6. November - December 2003 For $37,050 Against $327,328
  7. January - February 2004 For $32,550 Against $228,112
  8. March - April 2004 For $53,850 Against $531,904
  9. May - June 2004 For $117,180 Against $542,651
  10. July - August 2004 For $45,687 Against $385,291
  11. September - October 2004 For $125,537 Against $937,695
  12. November - December 2004 For $27,100 Against $134,825
  13. January - February 2005 For $41,330 Against $197,061
  14. March - April 2005 For $89,000 Against $517,117
  15. May - June 2005 For $127,258 Against $439,560
  16. July - August 2005 For $28,600 Against $249,270
  17. September - October 2005 For $86,850 Against $462,200
  18. November - December 2005 For $82,670 Against $470,500
  19. January - February 2006 For $34,975 Against $160,565
  20. March - April 2006 For $108,790 Against $576,374
  21. May - June 2006 For $97,846 Against $628,405
  22. July - August 2006 For $45,549 Against $379,855
  23. September - October 2006 For $252,959 Against $762,864
  24. November - December 2006 For $24,650 Against $427,442
  25. January - February 2007 For $12,910 Against $342,549
  26. March - April 2007 For $53,350 Against $676,644
  27. May - June 2007 For $88,300 Against $614,036
  28. July - August 2007 For $54,671 Against $385,158
  29. September - October 2007 For $41,530 Against $493,119
  30. November - December 2007 For $53,919 Against $408,474
  31. January - February 2008 For $15,750 Against $346,511
  32. March - April 2008 For $29,250 Against $446,638
  33. May - June 2008 For $47,898 Against $574,749
  34. July - August 2008 For $56,320 Against $322,400
  35. September - October 2008 For $56,150 Against $396,128
  36. November - December 2008 For $27,550 Against $151,880

Votes

    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

    AARP
    (n.d.). Take Action Now. Retrieved n.d., from .
    AFL-CIO
    (n.d.). Support Letter for S. 2636. 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 .
    U.S. 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 .

    Need proof?

    View citations of support and opposition

    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

    Contributions by Legislator

    Namesort iconPartyState$ From Interest Groups
    That Supported
    $ From Interest Groups
    That Opposed
    Daniel K. AkakaDHI$38,440$38,250
    Andrew Lamar AlexanderRTN$5,600$170,850
    Alan Wayne AllardRCO$0$16,000
    John BarrassoRWY$0$54,650
    Max BaucusDMT$24,000$227,980
    Birch "Evan" BayhDIN$35,200$218,994
    Bob BennettRUT$3,000$212,699
    Joe BidenDDE$16,800$55,675
    Jesse "Jeff" BingamanDNM$15,000$42,383
    Christopher "Kit" BondRMO$0$201,724
    Barbara BoxerDCA$62,450$72,730
    Sherrod BrownDOH$92,672$112,444
    Sam BrownbackRKS$10,250$53,734
    Jim BunningRKY$0$160,638
    Richard BurrRNC$0$320,591
    Robert ByrdDWV$23,500$59,350
    Maria CantwellDWA$22,300$42,335
    Ben CardinDMD$71,550$147,700
    Tom CarperDDE$11,580$331,994
    Bob CaseyDPA$117,500$137,270
    Clarence Saxby ChamblissRGA$0$288,748
    Hillary ClintonDNY$187,654$651,390
    Tom CoburnROK$0$73,040
    William Thad CochranRMS$0$49,150
    Norm ColemanRMN$13,219$358,345
    Susan M. CollinsRME$0$137,134
    Gaylord Kent ConradDND$19,000$161,700
    Bob CorkerRTN$0$334,825
    John CornynRTX$3,250$394,742
    Larry CraigRID$0$9,710
    Mike CrapoRID$0$203,806
    Jim DeMintRSC$500$221,645
    Chris DoddDCT$27,650$410,000
    Mary Elizabeth DoleRNC$3,580$307,954
    Pete DomeniciRNM$0$83,550
    Byron DorganDND$23,000$60,550
    Dick DurbinDIL$30,100$162,300
    John EnsignRNV$0$80,400
    Mike EnziRWY$0$97,000
    Russ FeingoldDWI$44,999$44,360
    Dianne FeinsteinDCA$19,950$79,749
    Lindsey GrahamRSC$10,200$135,413
    Chuck GrassleyRIA$20,000$120,850
    Judd GreggRNH$1,000$66,550
    Chuck HagelRNE$0$69,650
    Tom HarkinDIA$42,530$86,780
    Orrin G. HatchRUT$11,250$124,050
    Kay Bailey HutchisonRTX$2,000$239,250
    Jim InhofeROK$0$100,975
    Dan InouyeDHI$50,465$63,225
    Johnny IsaksonRGA$0$229,769
    Tim JohnsonDSD$36,598$309,345
    Ted KennedyDMA$34,400$80,799
    John F. KerryDMA$24,200$31,028
    Amy KlobucharDMN$62,385$94,560
    Herb KohlDWI$0$0
    Jon KylRAZ$3,400$268,965
    Mary L. LandrieuDLA$26,200$159,999
    Frank R. LautenbergDNJ$19,800$61,425
    Patrick J. LeahyDVT$14,250$27,731
    Carl LevinDMI$36,021$62,800
    Joe LiebermanICT$55,250$214,150
    Blanche LincolnDAR$37,250$142,207
    Dick LugarRIN$25,800$95,525
    Mel MartinezRFL$29,500$320,559
    John McCainRAZ$2,000$47,800
    Claire McCaskillDMO$44,720$72,450
    Addison "Mitch" McConnellRKY$36,600$404,375
    Bob MenéndezDNJ$107,270$258,983
    Barbara A. MikulskiDMD$43,250$64,750
    Lisa MurkowskiRAK$5,250$52,950
    Patty MurrayDWA$37,188$92,725
    Earl "Ben" NelsonDNE$18,999$201,029
    Clarence "Bill" NelsonDFL$16,250$94,500
    Barack ObamaDIL$121,825$252,903
    Mark L. PryorDAR$15,200$117,692
    John "Jack" ReedDRI$16,900$211,571
    Harry ReidDNV$56,000$266,854
    Charles "Pat" RobertsRKS$0$231,390
    John "Jay" RockefellerDWV$18,000$75,200
    Ken SalazarDCO$49,050$177,350
    Bernie SandersIVT$25,698$7,000
    Chuck SchumerDNY$40,000$293,350
    Jeff SessionsRAL$0$141,230
    Richard C. ShelbyRAL$0$525,247
    Gordon SmithROR$7,000$151,950
    Olympia J. SnoweRME$25,900$72,470
    Arlen SpecterDPA$96,900$216,300
    Debbie StabenowDMI$51,800$194,526
    Ted StevensRAK$7,300$34,650
    John SununuRNH$250$280,906
    Jon TesterDMT$16,449$67,870
    John ThuneRSD$300$191,747
    David VitterRLA$9,377$143,392
    George VoinovichROH$3,000$207,025
    John WarnerRVA$0$0
    Jim WebbDVA$30,510$49,250
    Sheldon WhitehouseDRI$22,500$69,732
    Roger F. WickerRMS$1,000$163,824
    Ron WydenDOR$4,000$45,000

    Add Data Filters:

    Legislator Filters
    Legislator Filters
    Show All
    NamePartyState$ From Interest Groups
    That Supported
    $ From Interest Groups
    That Opposed
    Daniel K. AkakaDHI$38,440$38,250
    Andrew Lamar AlexanderRTN$5,600$170,850
    Alan Wayne AllardRCO$0$16,000
    John BarrassoRWY$0$54,650
    Max BaucusDMT$24,000$227,980
    Birch "Evan" BayhDIN$35,200$218,994
    Bob BennettRUT$3,000$212,699
    Joe BidenDDE$16,800$55,675
    Jesse "Jeff" BingamanDNM$15,000$42,383
    Christopher "Kit" BondRMO$0$201,724
    Barbara BoxerDCA$62,450$72,730
    Sherrod BrownDOH$92,672$112,444
    Sam BrownbackRKS$10,250$53,734
    Jim BunningRKY$0$160,638
    Richard BurrRNC$0$320,591
    Robert ByrdDWV$23,500$59,350
    Maria CantwellDWA$22,300$42,335
    Ben CardinDMD$71,550$147,700
    Tom CarperDDE$11,580$331,994
    Bob CaseyDPA$117,500$137,270
    Clarence Saxby ChamblissRGA$0$288,748
    Hillary ClintonDNY$187,654$651,390
    Tom CoburnROK$0$73,040
    William Thad CochranRMS$0$49,150
    Norm ColemanRMN$13,219$358,345
    Susan M. CollinsRME$0$137,134
    Gaylord Kent ConradDND$19,000$161,700
    Bob CorkerRTN$0$334,825
    John CornynRTX$3,250$394,742
    Larry CraigRID$0$9,710
    Mike CrapoRID$0$203,806
    Jim DeMintRSC$500$221,645
    Chris DoddDCT$27,650$410,000
    Mary Elizabeth DoleRNC$3,580$307,954
    Pete DomeniciRNM$0$83,550
    Byron DorganDND$23,000$60,550
    Dick DurbinDIL$30,100$162,300
    John EnsignRNV$0$80,400
    Mike EnziRWY$0$97,000
    Russ FeingoldDWI$44,999$44,360
    Dianne FeinsteinDCA$19,950$79,749
    Lindsey GrahamRSC$10,200$135,413
    Chuck GrassleyRIA$20,000$120,850
    Judd GreggRNH$1,000$66,550
    Chuck HagelRNE$0$69,650
    Tom HarkinDIA$42,530$86,780
    Orrin G. HatchRUT$11,250$124,050
    Kay Bailey HutchisonRTX$2,000$239,250
    Jim InhofeROK$0$100,975
    Dan InouyeDHI$50,465$63,225
    Johnny IsaksonRGA$0$229,769
    Tim JohnsonDSD$36,598$309,345
    Ted KennedyDMA$34,400$80,799
    John F. KerryDMA$24,200$31,028
    Amy KlobucharDMN$62,385$94,560
    Herb KohlDWI$0$0
    Jon KylRAZ$3,400$268,965
    Mary L. LandrieuDLA$26,200$159,999
    Frank R. LautenbergDNJ$19,800$61,425
    Patrick J. LeahyDVT$14,250$27,731
    Carl LevinDMI$36,021$62,800
    Joe LiebermanICT$55,250$214,150
    Blanche LincolnDAR$37,250$142,207
    Dick LugarRIN$25,800$95,525
    Mel MartinezRFL$29,500$320,559
    John McCainRAZ$2,000$47,800
    Claire McCaskillDMO$44,720$72,450
    Addison "Mitch" McConnellRKY$36,600$404,375
    Bob MenéndezDNJ$107,270$258,983
    Barbara A. MikulskiDMD$43,250$64,750
    Lisa MurkowskiRAK$5,250$52,950
    Patty MurrayDWA$37,188$92,725
    Earl "Ben" NelsonDNE$18,999$201,029
    Clarence "Bill" NelsonDFL$16,250$94,500
    Barack ObamaDIL$121,825$252,903
    Mark L. PryorDAR$15,200$117,692
    John "Jack" ReedDRI$16,900$211,571
    Harry ReidDNV$56,000$266,854
    Charles "Pat" RobertsRKS$0$231,390
    John "Jay" RockefellerDWV$18,000$75,200
    Ken SalazarDCO$49,050$177,350
    Bernie SandersIVT$25,698$7,000
    Chuck SchumerDNY$40,000$293,350
    Jeff SessionsRAL$0$141,230
    Richard C. ShelbyRAL$0$525,247
    Gordon SmithROR$7,000$151,950
    Olympia J. SnoweRME$25,900$72,470
    Arlen SpecterDPA$96,900$216,300
    Debbie StabenowDMI$51,800$194,526
    Ted StevensRAK$7,300$34,650
    John SununuRNH$250$280,906
    Jon TesterDMT$16,449$67,870
    John ThuneRSD$300$191,747
    David VitterRLA$9,377$143,392
    George VoinovichROH$3,000$207,025
    John WarnerRVA$0$0
    Jim WebbDVA$30,510$49,250
    Sheldon WhitehouseDRI$22,500$69,732
    Roger F. WickerRMS$1,000$163,824
    Ron WydenDOR$4,000$45,000

    Interest Groups that supported this bill

    $ Donated
    Minority/Ethnic Groups$1,240,706
    State & local govt employee unions$609,998
    Elderly issues/Social Security$269,015
    Labor Unions$241,500
    Human Rights$27,660
    Consumer groups$6,850
    Municipal & county government organizations$0

    Interest Groups that opposed this bill

    $ Donated
    Commercial banks & bank holding companies$12,072,850
    Mortgage bankers and brokers$3,058,960
    Builders associations$339,875
    Loading…
    Date Range of Contributions
    Enter a custom date range