S. 61 - A Bill to Amend Title 11 of the United States Code with Respect to Modification of Certain Mortgages on Principal Residences, an

Mortgage Restructure, Bankruptcy, Mortgage Cram-Down Bills - Finance and financial sector. 111th Congress (2009-2010) View bill details
Sponsor:
Summary:
A bill to amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes. (by CRS) 
Status:
The bill has been introduced. 
There have been no votes on this bill.

A Bill to Amend Title 11 of the United States Code with Respect to Modification of Certain Mortgages on Principal Residences, an

S. 61 — 111th Congress (2009–2010)

Keywords
Mortgage Restructure, Bankruptcy, Mortgage Cram-Down Bills
Summary
A bill to amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes. (by CRS)
Learn More
At OpenCongress
Title
A bill to amend title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes.
Other Titles
  • Helping Families Save Their Homes in Bankruptcy Act of 2009
Sponsor
Richard Durbin
Co-Sponsors
Subjects
  • Finance and financial sector
  • Bankruptcy
  • Consumer credit
  • Housing finance and home ownership
Related Bills
Major Actions
Introduced1/06/2009
Referred to Committee
Bill History

There have been no votes on this bill.

ActionDateDescription
Introduced1/06/2009
1/06/2009Sponsor introductory remarks on measure. (CR S64-66)
1/06/2009Read twice and referred to the Committee on the Judiciary.
NumberSponsorDate OfferedStatus
scale for bar graph of contributions

Contributions

  1. January - February 2005 For $0 Against $166,081
  2. March - April 2005 For $0 Against $541,568
  3. May - June 2005 For $0 Against $441,347
  4. July - August 2005 For $0 Against $267,200
  5. September - October 2005 For $0 Against $454,165
  6. November - December 2005 For $0 Against $499,518
  7. January - February 2006 For $0 Against $213,440
  8. March - April 2006 For $0 Against $593,450
  9. May - June 2006 For $0 Against $689,084
  10. July - August 2006 For $0 Against $462,802
  11. September - October 2006 For $0 Against $930,231
  12. November - December 2006 For $0 Against $513,105
  13. January - February 2007 For $0 Against $332,049
  14. March - April 2007 For $0 Against $645,367
  15. May - June 2007 For $0 Against $546,580
  16. July - August 2007 For $0 Against $342,958
  17. September - October 2007 For $0 Against $505,324
  18. November - December 2007 For $0 Against $584,964
  19. January - February 2008 For $0 Against $373,206
  20. March - April 2008 For $0 Against $481,923
  21. May - June 2008 For $0 Against $640,583
  22. July - August 2008 For $0 Against $528,147
  23. September - October 2008 For $0 Against $621,378
  24. November - December 2008 For $0 Against $243,884
  25. January - February 2009 For $0 Against $101,040
  26. March - April 2009 For $0 Against $356,580
  27. May - June 2009 For $0 Against $482,424
  28. July - August 2009 For $0 Against $272,091
  29. September - October 2009 For $0 Against $402,231
  30. November - December 2009 For $0 Against $320,389
  31. January - February 2010 For $0 Against $222,425
  32. March - April 2010 For $0 Against $475,498
  33. May - June 2010 For $0 Against $394,613
  34. July - August 2010 For $0 Against $166,949
  35. September - October 2010 For $0 Against $379,396
  36. November - December 2010 For $0 Against $220,550

Votes

    0 Organizations Supported and 3 Opposed; See Which Ones

    Organizations that took a position on
    Helping Families Save Their Homes in Bankruptcy Act of 2009

    0 organizations supported this bill

    3 organizations opposed this bill

    American Bankers Association
    Stoner, Floyd E. & American Bankers Association (2009, January 9). ABA Statement in Opposition to Agreement on Mortgage Cram-Down Legislation. Retrieved January 13, 2009, from American Bankers Association.
    American Securitization Forum
    American Securitization Forum (2008, March 12). ASF Submits Joint Letter to Senate Judiciary Committee on Mortgage Bankruptcy Legislation on March 12, 2008. Retrieved January 13, 2009, from American Securitization Forum.
    The Financial Services Roundtable
    Brooks, Elise (2009, January 7). Roundtable Supports Columbia University Study. Retrieved January 13, 2009, from Financial Services Roundtable.

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    Includes reported contributions to congressional campaigns of Senators in office during the 111th U.S. Congress, from interest groups invested in the vote according to MapLight, January 1, 2005 – December 31, 2010.
    Contributions data source: OpenSecrets.org

    Contributions by Legislator

    Namesort iconPartyState$ From Interest Groups
    That Supported
    $ From Interest Groups
    That Opposed
    Daniel K. AkakaDHI$0$50,250
    Andrew Lamar AlexanderRTN$0$179,722
    John BarrassoRWY$0$55,050
    Max BaucusDMT$0$353,730
    Birch "Evan" BayhDIN$0$203,351
    Mark BegichDAK$0$32,300
    Bob BennettRUT$0$173,900
    Joe BidenDDE$0$90,275
    Jesse "Jeff" BingamanDNM$0$40,183
    Christopher "Kit" BondRMO$0$35,600
    Barbara BoxerDCA$0$104,569
    Sherrod BrownDOH$0$138,312
    Sam BrownbackRKS$0$4,250
    Jim BunningRKY$0$40,849
    Richard BurrRNC$0$293,347
    Robert ByrdDWV$0$52,450
    Maria CantwellDWA$0$93,560
    Ben CardinDMD$0$127,973
    Tom CarperDDE$0$220,099
    Bob CaseyDPA$0$254,662
    Clarence Saxby ChamblissRGA$0$337,748
    Hillary ClintonDNY$0$741,953
    Tom CoburnROK$0$84,600
    William Thad CochranRMS$0$41,400
    Susan CollinsRME$0$159,978
    Gaylord Kent ConradDND$0$143,440
    Bob CorkerRTN$0$420,450
    John CornynRTX$0$449,573
    Mike CrapoRID$0$171,432
    Jim DeMintRSC$0$131,960
    Chris DoddDCT$0$391,300
    Byron DorganDND$0$43,850
    Dick DurbinDIL$0$266,500
    John EnsignRNV$0$86,050
    Mike EnziRWY$0$90,349
    Russ FeingoldDWI$0$78,295
    Dianne FeinsteinDCA$0$90,875
    Lindsey GrahamRSC$0$132,648
    Chuck GrassleyRIA$0$99,800
    Judd GreggRNH$0$9,750
    Kay HaganDNC$0$111,316
    Tom HarkinDIA$0$110,079
    Orrin HatchRUT$0$177,900
    Kay Bailey HutchisonRTX$0$173,300
    Jim InhofeROK$0$85,150
    Dan InouyeDHI$0$91,974
    Johnny IsaksonRGA$0$209,275
    Mike JohannsRNE$0$98,500
    Tim JohnsonDSD$0$263,218
    Ted KennedyDMA$0$81,000
    John KerryDMA$0$81,334
    Amy KlobucharDMN$0$152,349
    Herb KohlDWI$0$4,200
    Jon KylRAZ$0$311,524
    Mary LandrieuDLA$0$183,297
    Frank LautenbergDNJ$0$112,700
    Patrick LeahyDVT$0$36,000
    Carl LevinDMI$0$81,300
    Joe LiebermanICT$0$560,200
    Blanche LincolnDAR$0$206,232
    Dick LugarRIN$0$57,350
    Mel MartinezRFL$0$128,450
    John McCainRAZ$0$96,200
    Claire McCaskillDMO$0$92,550
    Addison "Mitch" McConnellRKY$0$494,959
    Bob MenéndezDNJ$0$206,400
    Jeff MerkleyDOR$0$69,250
    Barbara MikulskiDMD$0$38,682
    Lisa MurkowskiRAK$0$41,970
    Patty MurrayDWA$0$62,154
    Earl "Ben" NelsonDNE$0$179,279
    Clarence "Bill" NelsonDFL$0$178,903
    Mark PryorDAR$0$135,242
    John "Jack" ReedDRI$0$194,149
    Harry ReidDNV$0$366,908
    Jim RischRID$0$33,300
    Charles "Pat" RobertsRKS$0$199,290
    John "Jay" RockefellerDWV$0$127,950
    Ken SalazarDCO$0$111,200
    Bernie SandersIVT$0$2,700
    Chuck SchumerDNY$0$462,850
    Jeff SessionsRAL$0$120,282
    Jeanne ShaheenDNH$0$65,091
    Richard ShelbyRAL$0$304,050
    Olympia SnoweRME$0$78,200
    Arlen SpecterDPA$0$219,950
    Debbie StabenowDMI$0$224,564
    Jon TesterDMT$0$130,199
    John ThuneRSD$0$193,785
    Mark UdallDCO$0$118,950
    Tom UdallDNM$0$67,633
    David VitterRLA$0$101,600
    George VoinovichROH$0$81,700
    Mark WarnerDVA$0$323,000
    Jim WebbDVA$0$68,350
    Sheldon WhitehouseDRI$0$119,850
    Roger WickerRMS$0$157,059
    Ron WydenDOR$0$111,310

    Add Data Filters:

    Legislator Filters
    Legislator Filters
    Show All
    NamePartyState$ From Interest Groups
    That Supported
    $ From Interest Groups
    That Opposed
    Daniel K. AkakaDHI$0$50,250
    Andrew Lamar AlexanderRTN$0$179,722
    John BarrassoRWY$0$55,050
    Max BaucusDMT$0$353,730
    Birch "Evan" BayhDIN$0$203,351
    Mark BegichDAK$0$32,300
    Bob BennettRUT$0$173,900
    Joe BidenDDE$0$90,275
    Jesse "Jeff" BingamanDNM$0$40,183
    Christopher "Kit" BondRMO$0$35,600
    Barbara BoxerDCA$0$104,569
    Sherrod BrownDOH$0$138,312
    Sam BrownbackRKS$0$4,250
    Jim BunningRKY$0$40,849
    Richard BurrRNC$0$293,347
    Robert ByrdDWV$0$52,450
    Maria CantwellDWA$0$93,560
    Ben CardinDMD$0$127,973
    Tom CarperDDE$0$220,099
    Bob CaseyDPA$0$254,662
    Clarence Saxby ChamblissRGA$0$337,748
    Hillary ClintonDNY$0$741,953
    Tom CoburnROK$0$84,600
    William Thad CochranRMS$0$41,400
    Susan CollinsRME$0$159,978
    Gaylord Kent ConradDND$0$143,440
    Bob CorkerRTN$0$420,450
    John CornynRTX$0$449,573
    Mike CrapoRID$0$171,432
    Jim DeMintRSC$0$131,960
    Chris DoddDCT$0$391,300
    Byron DorganDND$0$43,850
    Dick DurbinDIL$0$266,500
    John EnsignRNV$0$86,050
    Mike EnziRWY$0$90,349
    Russ FeingoldDWI$0$78,295
    Dianne FeinsteinDCA$0$90,875
    Lindsey GrahamRSC$0$132,648
    Chuck GrassleyRIA$0$99,800
    Judd GreggRNH$0$9,750
    Kay HaganDNC$0$111,316
    Tom HarkinDIA$0$110,079
    Orrin HatchRUT$0$177,900
    Kay Bailey HutchisonRTX$0$173,300
    Jim InhofeROK$0$85,150
    Dan InouyeDHI$0$91,974
    Johnny IsaksonRGA$0$209,275
    Mike JohannsRNE$0$98,500
    Tim JohnsonDSD$0$263,218
    Ted KennedyDMA$0$81,000
    John KerryDMA$0$81,334
    Amy KlobucharDMN$0$152,349
    Herb KohlDWI$0$4,200
    Jon KylRAZ$0$311,524
    Mary LandrieuDLA$0$183,297
    Frank LautenbergDNJ$0$112,700
    Patrick LeahyDVT$0$36,000
    Carl LevinDMI$0$81,300
    Joe LiebermanICT$0$560,200
    Blanche LincolnDAR$0$206,232
    Dick LugarRIN$0$57,350
    Mel MartinezRFL$0$128,450
    John McCainRAZ$0$96,200
    Claire McCaskillDMO$0$92,550
    Addison "Mitch" McConnellRKY$0$494,959
    Bob MenéndezDNJ$0$206,400
    Jeff MerkleyDOR$0$69,250
    Barbara MikulskiDMD$0$38,682
    Lisa MurkowskiRAK$0$41,970
    Patty MurrayDWA$0$62,154
    Earl "Ben" NelsonDNE$0$179,279
    Clarence "Bill" NelsonDFL$0$178,903
    Mark PryorDAR$0$135,242
    John "Jack" ReedDRI$0$194,149
    Harry ReidDNV$0$366,908
    Jim RischRID$0$33,300
    Charles "Pat" RobertsRKS$0$199,290
    John "Jay" RockefellerDWV$0$127,950
    Ken SalazarDCO$0$111,200
    Bernie SandersIVT$0$2,700
    Chuck SchumerDNY$0$462,850
    Jeff SessionsRAL$0$120,282
    Jeanne ShaheenDNH$0$65,091
    Richard ShelbyRAL$0$304,050
    Olympia SnoweRME$0$78,200
    Arlen SpecterDPA$0$219,950
    Debbie StabenowDMI$0$224,564
    Jon TesterDMT$0$130,199
    John ThuneRSD$0$193,785
    Mark UdallDCO$0$118,950
    Tom UdallDNM$0$67,633
    David VitterRLA$0$101,600
    George VoinovichROH$0$81,700
    Mark WarnerDVA$0$323,000
    Jim WebbDVA$0$68,350
    Sheldon WhitehouseDRI$0$119,850
    Roger WickerRMS$0$157,059
    Ron WydenDOR$0$111,310

    Interest Groups that supported this bill

    $ Donated

    Interest Groups that opposed this bill

    $ Donated
    Commercial banks & bank holding companies$8,905,730
    Finance, Insurance & Real Estate$5,337,205
    Securities, commodities & investment$1,169,605
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