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

Total contributions given to Senators from Commercial banks & bank holding companies, which…

opposed this bill

Commercial banks & bank holding companies$12,072,850
$12,072,850

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 Commercial banks & bank holding companies interest groups, 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$0$37,000
Andrew Lamar AlexanderRTN$0$137,350
Alan Wayne AllardRCO$0$13,000
John BarrassoRWY$0$40,150
Max BaucusDMT$0$203,730
Birch "Evan" BayhDIN$0$163,344
Bob BennettRUT$0$158,700
Joe BidenDDE$0$45,025
Jesse "Jeff" BingamanDNM$0$34,383
Christopher "Kit" BondRMO$0$148,524
Barbara BoxerDCA$0$29,825
Sherrod BrownDOH$0$81,987
Sam BrownbackRKS$0$37,984
Jim BunningRKY$0$120,736
Richard BurrRNC$0$270,251
Robert ByrdDWV$0$49,850
Maria CantwellDWA$0$35,835
Ben CardinDMD$0$76,900
Tom CarperDDE$0$242,502
Bob CaseyDPA$0$108,670
Clarence Saxby ChamblissRGA$0$236,873
Hillary ClintonDNY$0$523,262
Tom CoburnROK$0$54,082
William Thad CochranRMS$0$41,150
Norm ColemanRMN$0$299,745
Susan M. CollinsRME$0$104,134
Gaylord Kent ConradDND$0$111,150
Bob CorkerRTN$0$250,925
John CornynRTX$0$343,742
Larry CraigRID$0$2,710
Mike CrapoRID$0$150,057
Jim DeMintRSC$0$164,045
Chris DoddDCT$0$336,450
Mary Elizabeth DoleRNC$0$264,404
Pete DomeniciRNM$0$67,250
Byron DorganDND$0$36,750
Dick DurbinDIL$0$143,750
John EnsignRNV$0$58,950
Mike EnziRWY$0$73,000
Russ FeingoldDWI$0$27,110
Dianne FeinsteinDCA$0$62,549
Lindsey GrahamRSC$0$118,913
Chuck GrassleyRIA$0$81,100
Judd GreggRNH$0$55,550
Chuck HagelRNE$0$54,850
Tom HarkinDIA$0$73,580
Orrin G. HatchRUT$0$99,050
Kay Bailey HutchisonRTX$0$214,400
Jim InhofeROK$0$87,475
Dan InouyeDHI$0$57,225
Johnny IsaksonRGA$0$162,719
Tim JohnsonDSD$0$207,847
Ted KennedyDMA$0$58,949
John F. KerryDMA$0$25,450
Amy KlobucharDMN$0$79,560
Herb KohlDWI$0$0
Jon KylRAZ$0$205,750
Mary L. LandrieuDLA$0$121,099
Frank R. LautenbergDNJ$0$50,650
Patrick J. LeahyDVT$0$19,731
Carl LevinDMI$0$48,800
Joe LiebermanICT$0$158,100
Blanche LincolnDAR$0$125,257
Dick LugarRIN$0$81,025
Mel MartinezRFL$0$211,801
John McCainRAZ$0$44,800
Claire McCaskillDMO$0$59,950
Addison "Mitch" McConnellRKY$0$321,775
Bob MenéndezDNJ$0$172,500
Barbara A. MikulskiDMD$0$39,250
Lisa MurkowskiRAK$0$38,950
Patty MurrayDWA$0$60,350
Earl "Ben" NelsonDNE$0$150,979
Clarence "Bill" NelsonDFL$0$69,200
Barack ObamaDIL$0$200,603
Mark L. PryorDAR$0$102,942
John "Jack" ReedDRI$0$162,821
Harry ReidDNV$0$198,504
Charles "Pat" RobertsRKS$0$195,640
John "Jay" RockefellerDWV$0$66,950
Ken SalazarDCO$0$154,450
Bernie SandersIVT$0$6,750
Chuck SchumerDNY$0$251,350
Jeff SessionsRAL$0$119,780
Richard C. ShelbyRAL$0$360,697
Gordon SmithROR$0$99,700
Olympia J. SnoweRME$0$61,970
Arlen SpecterDPA$0$203,850
Debbie StabenowDMI$0$141,226
Ted StevensRAK$0$25,400
John SununuRNH$0$242,056
Jon TesterDMT$0$58,570
John ThuneRSD$0$147,239
David VitterRLA$0$102,984
George VoinovichROH$0$191,025
John WarnerRVA$0$0
Jim WebbDVA$0$26,750
Sheldon WhitehouseDRI$0$39,600
Roger F. WickerRMS$0$141,524
Ron WydenDOR$0$26,000

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
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