U.S. Senate record vote 88, 110th Congress, Session 2

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Same for all scorecards:

Scored vote

Scorecard: Drum Major Institute 2008 Senate Scorecard

Org. position: Nay


"The federal government and the mortgage industry’s failure to address the subprime mortgage and foreclosure crisis adequately could result in as many as 1.9 million Americans losing their homes in 2008 and 2009. Already foreclosure filings have increased 60% from February 2007 to February 2008. Extending the same bankruptcy protections to primary residences that currently apply to luxury yachts and vacation homes is not only fair, but would prevent 600,000 families from losing their homes to foreclosure. Strengthened bankruptcy protection is also beneficial to middle-class families who are not themselves facing foreclosure: protecting these 600,000 families from foreclosure would save neighbors of foreclosed properties $72.5 billion in wealth that would otherwise be lost to reduced property values. Because the Helping Families Save Their Homes in Bankruptcy Amendment restricts eligibility for bankruptcy mortgage restructuring to homeowners who are unable to afford currently existing mortgages, the measure is unlikely to cause an increase in mortgage interest rates: only homes in danger of foreclosure will qualify and the risk of foreclosure is already calculated into current interest rates."

(Original scorecard available at: http://www.drummajorinstitute.org/library/report.php?ID=87)

Scored vote

Scorecard: National Journal 2008 Senate Scorecard

Org. position: Aye


"Kill an amendment allowing bankruptcy judges to adjust mortgage terms"

(Original scorecard available at: http://www.nationaljournal.com/njmagazine/cs_20090228_4813.php)