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S.2636: A bill to provide needed housing reform.

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March 02, 2008 Foreclosure help

This bill (S. 2636) includes key provisions that would More Foreclosure News. Miami Herald - We don’t want to foreclose on anybody,” DiMarco said, “In general, anything that would have us stop doing something [such as filing ...

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Source: Sharp Foreclosure Facts That..


February 29, 2008 Senators compromise to allow bankruptcy judges to alter subprime loans

A bipartisan compromise bill in the US Senate (S.2636), which closely aligns with a similar House bill, would allow bankruptcy courts to modify existing subprime mortgages to help families save their homes from foreclosure. ...

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Source: Bankruptcy Law Network


February 29, 2008 Today in Washington DC - Feb 29, 2008

On The Floor: Senate: reconvened resumed consideration of the motion to proceed to HR 3221, which is expected to be the vehicle for Democrats’ housing legislation (S. 2636). Yesterday, the Senate shelved Sen. Russ Feingold’s (D-WI) bill ...

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Source: ARRA News Service - Arkansas Republican...


February 29, 2008 Industry Thwarts Action on Bill to Stop Foreclosures and ...

Yesterday the mortgage lending industry successfully stopped a Senate bill, The Foreclosure Prevention Act from moving forward. This bill (S. 2636) includes key provisions that would prevent well over 1/2 million foreclosures and avoid ...

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Source: Foreclosures


February 29, 2008 Industry Thwarts Action on Bill to Stop Foreclosures and ...

29 /PRNewswire-USNewswire/ -- Yesterday the mortgage lending industry successfully stopped a Senate bill, "The Foreclosure Prevention Act" from moving forward. This bill (S. 2636) includes key provisions that would prevent well over 1/2 ...

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Source: Press Release Depot


February 29, 2008 Industry Thwarts Action on Bill to Stop Foreclosures and …

A key provision of S. 2636 would provide judges the authority to modify harmful mortgages marketed by subprime lenders in recent years, and would help more than 600000 families stuck in bad loans keep their homes. ...

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Source: Talkin 'bout Fitch Ratingss


February 28, 2008 Kudos To Reid On The Foreclosure Prevention Act of 2008

Kudos to Senator Reid for sponsoring the Foreclosure Prevention Act of 2008, S.2636! Kudos to its 22 cosponsors, too! Our bankruptcy judges, attorney’s and trustees routinely restructure mortgages

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Source: Lunog


February 28, 2008 Agreement Reached on Housing Proposal Vote

The Senate’s leadership has reached an agreement on moving forward with a vote on the housing stimulus package (S. 2636). A vote will now occur later this afternoon on a procedural motion to begin debate on the bill. ...

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Source: SENATUS


February 28, 2008 New Senate Proceedings: The Foreclosure Prevention Act of 2008

At today's press conference, Senator Salazar announced his support for The Foreclosure Prevention Act of 2008 (S. 2636), which was recently introduced in the Senate to help keep families facing foreclosure in their homes, ...

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Source: Lou's Blog


February 27, 2008 S.2636 A bill to provide needed housing reform.

A bill to provide needed housing reform.

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Source: Open Congress : Top 20 Bills Most Written...


February 27, 2008 Another bailout

'If S. 2636 were presented to the President, his senior advisors would recommend he veto the bill,' the statement said, referring to the bill introduced by Senate Majority Leader Harry Reid of Nevada. The proposal would also triple the ...

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Source: CycloneFanatic


February 27, 2008 Support The Foreclosure Prevention Act of 2008

I understand that the Senate will vote this week on Senator Reid's "Foreclosure Prevention Act of 2008," S. 2636. This is a time to stand up for homeowners and support sustainable mortgages. Please help restore confidence in our economy ...

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Source: Consumer Rights Watch


February 26, 2008 Home Foreclosure Crisis can be Stopped! Support S. 2636 in This ...

But this week the Senate is voting on the Foreclosure Prevention Act (S. 2636). If passed, this commonsense solution will allow victims of abusive lending who are facing foreclosures to stay in their homes while they work through the ...

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Source: Corporate Accountability Action Alerts from Care2


February 26, 2008 Action Alerts

Support S. 2636 in This Week’s Senate Vote (Deadline: Ongoing). Tell Your Story: Tell Us What’s Happening In Your School with Sex Education (Deadline: ?) Sign the Petition: Support the Healthy Teens Act (Deadline: ?) ...

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Source: Florida Progressive Coalition Blog


February 26, 2008 I'm the decider

provisions would also likely prolong the time it will take the market to recover from the current downturn." ... "If S. 2636 were presented to the President, his senior advisors would recommend he veto the bill."

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Source: Inman News Blog


February 26, 2008 Home Foreclosure Crisis can be Stopped! Support S. 2636 in This ...

But this week the Senate is voting on the Foreclosure Prevention Act (S. 2636). If passed, this commonsense solution will allow victims of abusive lending who are facing foreclosures to stay in their homes while they work through the ...

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Source: Aging petitions - Care2: thepetitionsite...


February 26, 2008 Congress to Examine Housing Proposals

A bill likely to be debated on the Senate floor Tuesday, S. 2636, includes a proposed revision to the Bankruptcy Code that would allow judges to cut interest rates and reduce what’s owed on troubled borrowers’ mortgages. ...

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Source: Chapter 7 Bankruptcy Success


February 26, 2008 Action Alerts

Support S. 2636 in This Week's Senate Vote (Deadline: Ongoing) Tell Your Story: Tell Us What's Happening In Your School with Sex Education (Deadline: ?) Sign the Petition: Support the Healthy Teens Act (Deadline: ?) ...

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Source: Florida Speaks


February 26, 2008 S. 2636, the "Foreclosure Prevention Act of 2008"

Earlier this evening Bruce Josten, Chamber Executive Vice President, Government Affairs sent a letter to the United States Senate urging them to oppose S. 2636, the "Foreclosure Prevention Act of 2008," as introduced. From the letter: ...

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Source: The chamberpost


February 26, 2008 Foreclosure Prevention Act up for Senate Vote this Week - Act Now ...

NewsBlaze, CA - 4 hours agoThe Senate is voting this week on the Foreclosure Prevention Act (S. 2636). If passed, this commonsense solution will allow victims of abusive lending who …Morgan Liddick: Foreclosure, the eighth deadly sin ...

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Source: Mortgatory


February 25, 2008 Mortgage Loan Modification in Chapter 13 Bankruptcy Up for Vote in Senate This Week

The U.S. Senate is expected to vote on S.2636 this week. This bill will help distressed homeowners save their homes from foreclosure by allowing a bankruptcy judge to modify their mortgage loans

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Source: Mortgage Law Network


February 25, 2008 What's in a Word?

Save 'Stimulus' for When We Really Need It Word is Senate Majority Leader Harry Reid (D-NV) may 'fast-track' S. 2636, the Foreclosure Prevention Act of 2008 (text) to the Senate floor this week. The bill provides $200 million for ...

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Source: OMBWatch Blogs


February 25, 2008 Enterprise Commends Senate Introduction of Foreclosure Prevention Act

for his commitment to stabilize neighborhoods hit hardest by the foreclosure crisis by providing funds to help cities and states stabilize property values and generate jobs as part of the Foreclosure Prevention Act of 2008 (S. 2636).

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Source: Maryland Real Estate


February 25, 2008 Why

I understand that the Senate will vote this week on Senator Reid's "Foreclosure Prevention Act of 2008," S. 2636. This is a time to stand up for homeowners and support sustainable mortgages. Please help restore confidence in our economy ...

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Source: We Are Debt Warriors | Debt Settlement...


February 25, 2008 Senate to Consider Foreclosure Prevention Bill

On February 13, 2008, Senate Majority Leader Harry Reid (NV) introduced the "Foreclosure Prevention Act of 2008" (S. 2636). In a somewhat unusual procedural twist, the bill was not assigned to a Senate committee. ...

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Source: Mortgage Finance Law Blog


February 25, 2008 Revised Attempt at Bankruptcy Cramdowns on Mortgages

This bill, the Foreclosure Prevention Act of 2008 (S. 2636) includes a variety of provisions, some of which the Mortgage Bankers Association supports. However, the bill also contains the bankruptcy cramdown provisions widely opposed. ...

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Source: Mortgage Law Blog, LLC


February 24, 2008 Senate to Vote This Week on S.2636: Bankruptcy Loan Modification ...

Senate Bill 2636 (introduced by Harry Reid, D, NV), which contains a provision that would allow a bankruptcy judge to modify a distressed home mortgage loan in chapter 13 bankruptcy, will be up for a vote by the full Senate this week. ...

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Source: Bankruptcy Law Network


February 23, 2008 Bankruptcy Provision Could Hinder Housing Stimulus Package

The bill (Foreclosure Prevention Act of 2008 - S. 2636) contains a provision that would allow bankruptcy judges to modify housing loans and mortgage contracts. This provision is already receiving criticism from Republican members of the ...

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Source: SENATUS


February 22, 2008 Senate to Vote Next Week on New Mortgage Relief Bill

The bill is S. 2636, and the section of the bill with the mortgage modification provisions is Title IV. There is fear that before the bill is passed that this section will be removed. Now would be a good time to call or write your US ...

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Source: Wolves at Last Resort's Door


February 21, 2008 Mortgage Crisis: Legislation You Should Support

It is S. 2636 in congressional jargon. The legislation would be a leap forward in the government’s efforts to mitigate the foreclosure and credit crisis sweeping the country. The bill incorporates pending proposals that would allow ...

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Source: Mortgage Law Network


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