S. 2636 - Foreclosure Prevention Act of 2008

Housing. 110th Congress (2007-2008) View bill details
Sponsor:
Harry Reid
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

Total contributions given to Senators from interest groups that…

$265,215
$241,650
$19,800
$1,033,040
$6,850
$484,598
$0
$2,051,153
7.1 times as much
$2,908,197
$11,335,970
$351,375
$14,595,542
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 (SEIU)
(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.org, 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
Akaka, DanielDHI$37,490$46,500
Alexander, LamarRTN$5,600$152,500
Allard, WayneRCO$0$14,000
Barrasso, JohnRWY$0$53,450
Baucus, MaxDMT$22,500$214,130
Bayh, EvanDIN$31,450$191,144
Bennett, RobertRUT$1,000$217,449
Biden, JosephDDE$27,300$53,425
Bingaman, JeffDNM$18,000$38,000
Bond, ChristopherRMO$0$197,849
Boxer, BarbaraDCA$48,700$56,080
Brown, SherrodDOH$61,922$114,869
Brownback, SamuelRKS$5,000$52,034
Bunning, JimRKY$0$160,838
Burr, RichardRNC$0$338,739
Byrd, RobertDWV$23,250$44,350
Cantwell, MariaDWA$27,650$40,585
Cardin, BenjaminDMD$63,650$128,350
Carper, ThomasDDE$11,580$337,105
Casey, RobertDPA$107,050$132,120
Chambliss, SaxbyRGA$0$249,023
Clinton, HillaryDNY$160,845$638,285
Coburn, ThomasROK$0$79,899
Cochran, ThadRMS$0$43,150
Coleman, NormRMN$16,519$296,095
Collins, SusanRME$0$106,984
Conrad, KentDND$19,000$154,450
Corker, BobRTN$0$239,200
Cornyn, JohnRTX$12,450$375,542
Craig, LarryRID$0$9,710
Crapo, MichaelRID$1,000$202,856
DeMint, JimRSC$500$206,500
Dodd, ChristopherDCT$21,400$450,650
Dole, ElizabethRNC$12,930$290,789
Domenici, PeteRNM$0$45,550
Dorgan, ByronDND$16,000$61,550
Durbin, RichardDIL$27,850$165,300
Ensign, JohnRNV$500$77,900
Enzi, MichaelRWY$0$97,800
Feingold, RussellDWI$40,749$35,060
Feinstein, DianneDCA$19,950$79,799
Graham, LindseyRSC$14,600$124,950
Grassley, CharlesRIA$14,000$111,750
Gregg, JuddRNH$1,000$65,550
Hagel, CharlesRNE$0$69,450
Harkin, ThomasDIA$35,930$81,530
Hatch, OrrinRUT$7,250$116,850
Hutchison, KayRTX$2,000$177,600
Inhofe, JamesROK$0$69,800
Inouye, DanielDHI$20,250$78,975
Isakson, JohnRGA$0$218,219
Johnson, TimDSD$43,198$279,792
Kennedy, EdwardDMA$29,900$68,099
Kerry, JohnDMA$22,300$28,408
Klobuchar, AmyDMN$71,585$83,310
Kohl, HerbertDWI$0$0
Kyl, JonRAZ$3,400$232,200
Landrieu, MaryDLA$29,550$143,649
Lautenberg, FrankDNJ$20,300$57,425
Leahy, PatrickDVT$9,500$27,250
Levin, CarlDMI$34,521$58,450
Lieberman, JosephICT$42,100$174,200
Lincoln, BlancheDAR$25,750$145,157
Lott, TrentRMS$1,000$94,450
Lugar, RichardRIN$20,500$77,100
Martinez, MelRFL$7,500$320,100
McCain, JohnRAZ$2,500$41,800
McCaskill, ClaireDMO$44,720$56,150
McConnell, MitchRKY$25,200$376,450
Menéndez, RobertDNJ$105,920$241,833
Mikulski, BarbaraDMD$35,000$66,500
Murkowski, LisaRAK$15,850$50,950
Murray, PattyDWA$45,638$88,975
Nelson, BenDNE$19,999$178,429
Nelson, BillDFL$16,250$82,050
Obama, BarackDIL$36,000$276,553
Pryor, MarkDAR$16,700$100,392
Reed, JohnDRI$16,900$214,449
Reid, HarryDNV$40,100$260,696
Roberts, PatRKS$0$192,090
Rockefeller, JohnDWV$18,000$73,400
Salazar, KenDCO$43,300$135,375
Sanders, BernardIVT$24,248$2,000
Schumer, CharlesDNY$29,000$297,850
Sessions, JeffersonRAL$0$127,280
Shelby, RichardRAL$0$522,547
Smith, GordonROR$7,000$152,300
Snowe, OlympiaRME$26,100$56,000
Specter, ArlenDPA$45,700$207,250
Stabenow, Debbie AnnDMI$53,050$183,766
Stevens, TedRAK$6,700$26,150
Sununu, JohnRNH$0$319,456
Tester, JonDMT$15,949$65,650
Thomas, CraigRWY$0$33,000
Thune, JohnRSD$300$148,999
Vitter, DavidRLA$5,000$122,649
Voinovich, GeorgeROH$3,250$203,275
Warner, JohnRVA$0$650
Webb, JimDVA$28,010$44,250
Whitehouse, SheldonDRI$19,500$63,081
Wicker, RogerRMS$3,300$145,674
Wyden, RonDOR$4,000$43,750

Add Data Filters:

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NamePartyState$ From Interest Groups
That Supported
$ From Interest Groups
That Opposed
Akaka, DanielDHI$37,490$46,500
Alexander, LamarRTN$5,600$152,500
Allard, WayneRCO$0$14,000
Barrasso, JohnRWY$0$53,450
Baucus, MaxDMT$22,500$214,130
Bayh, EvanDIN$31,450$191,144
Bennett, RobertRUT$1,000$217,449
Biden, JosephDDE$27,300$53,425
Bingaman, JeffDNM$18,000$38,000
Bond, ChristopherRMO$0$197,849
Boxer, BarbaraDCA$48,700$56,080
Brown, SherrodDOH$61,922$114,869
Brownback, SamuelRKS$5,000$52,034
Bunning, JimRKY$0$160,838
Burr, RichardRNC$0$338,739
Byrd, RobertDWV$23,250$44,350
Cantwell, MariaDWA$27,650$40,585
Cardin, BenjaminDMD$63,650$128,350
Carper, ThomasDDE$11,580$337,105
Casey, RobertDPA$107,050$132,120
Chambliss, SaxbyRGA$0$249,023
Clinton, HillaryDNY$160,845$638,285
Coburn, ThomasROK$0$79,899
Cochran, ThadRMS$0$43,150
Coleman, NormRMN$16,519$296,095
Collins, SusanRME$0$106,984
Conrad, KentDND$19,000$154,450
Corker, BobRTN$0$239,200
Cornyn, JohnRTX$12,450$375,542
Craig, LarryRID$0$9,710
Crapo, MichaelRID$1,000$202,856
DeMint, JimRSC$500$206,500
Dodd, ChristopherDCT$21,400$450,650
Dole, ElizabethRNC$12,930$290,789
Domenici, PeteRNM$0$45,550
Dorgan, ByronDND$16,000$61,550
Durbin, RichardDIL$27,850$165,300
Ensign, JohnRNV$500$77,900
Enzi, MichaelRWY$0$97,800
Feingold, RussellDWI$40,749$35,060
Feinstein, DianneDCA$19,950$79,799
Graham, LindseyRSC$14,600$124,950
Grassley, CharlesRIA$14,000$111,750
Gregg, JuddRNH$1,000$65,550
Hagel, CharlesRNE$0$69,450
Harkin, ThomasDIA$35,930$81,530
Hatch, OrrinRUT$7,250$116,850
Hutchison, KayRTX$2,000$177,600
Inhofe, JamesROK$0$69,800
Inouye, DanielDHI$20,250$78,975
Isakson, JohnRGA$0$218,219
Johnson, TimDSD$43,198$279,792
Kennedy, EdwardDMA$29,900$68,099
Kerry, JohnDMA$22,300$28,408
Klobuchar, AmyDMN$71,585$83,310
Kohl, HerbertDWI$0$0
Kyl, JonRAZ$3,400$232,200
Landrieu, MaryDLA$29,550$143,649
Lautenberg, FrankDNJ$20,300$57,425
Leahy, PatrickDVT$9,500$27,250
Levin, CarlDMI$34,521$58,450
Lieberman, JosephICT$42,100$174,200
Lincoln, BlancheDAR$25,750$145,157
Lott, TrentRMS$1,000$94,450
Lugar, RichardRIN$20,500$77,100
Martinez, MelRFL$7,500$320,100
McCain, JohnRAZ$2,500$41,800
McCaskill, ClaireDMO$44,720$56,150
McConnell, MitchRKY$25,200$376,450
Menéndez, RobertDNJ$105,920$241,833
Mikulski, BarbaraDMD$35,000$66,500
Murkowski, LisaRAK$15,850$50,950
Murray, PattyDWA$45,638$88,975
Nelson, BenDNE$19,999$178,429
Nelson, BillDFL$16,250$82,050
Obama, BarackDIL$36,000$276,553
Pryor, MarkDAR$16,700$100,392
Reed, JohnDRI$16,900$214,449
Reid, HarryDNV$40,100$260,696
Roberts, PatRKS$0$192,090
Rockefeller, JohnDWV$18,000$73,400
Salazar, KenDCO$43,300$135,375
Sanders, BernardIVT$24,248$2,000
Schumer, CharlesDNY$29,000$297,850
Sessions, JeffersonRAL$0$127,280
Shelby, RichardRAL$0$522,547
Smith, GordonROR$7,000$152,300
Snowe, OlympiaRME$26,100$56,000
Specter, ArlenDPA$45,700$207,250
Stabenow, Debbie AnnDMI$53,050$183,766
Stevens, TedRAK$6,700$26,150
Sununu, JohnRNH$0$319,456
Tester, JonDMT$15,949$65,650
Thomas, CraigRWY$0$33,000
Thune, JohnRSD$300$148,999
Vitter, DavidRLA$5,000$122,649
Voinovich, GeorgeROH$3,250$203,275
Warner, JohnRVA$0$650
Webb, JimDVA$28,010$44,250
Whitehouse, SheldonDRI$19,500$63,081
Wicker, RogerRMS$3,300$145,674
Wyden, RonDOR$4,000$43,750

Interest Groups that supported this bill

$ Donated
Minority/Ethnic Groups$1,033,040
State & local govt employee unions$484,598
Elderly issues/Social Security$265,215
Labor Unions$241,650
Human Rights$19,800
Consumer groups$6,850
Municipal & county government organizations$0

Interest Groups that opposed this bill

$ Donated
Commercial banks & bank holding companies$11,335,970
Mortgage bankers and brokers$2,908,197
Builders associations$351,375
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