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S. Rept. 110-514 1 (2008-09-26)

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U.S. GOVERNMENT
INFORMATION
      GP


110TH CONGRESS
   2d Session


SENATE


Calendar No. 911

          REPORT
              110-514


HELPING FAMILIES SAVE THEIR HOMES IN BANKRUPTCY
                          ACT OF 2008



   SEPTEMBER 26 (legislative day, SEPTEMBER 17), 2008.-Ordered to be printed



         Mr. LEAHY, from the Committee on the Judiciary,
                     submitted the following


                         REPORT

                           together with

                        MINORITY VIEWS

                        [To accompany S. 2136]

          [Including cost estimate of the Congressional Budget Office]

  The Committee on the Judiciary, to which was referred the bill
(S. 2136), to address the treatment of primary mortgages in bank-
ruptcy, and for other purposes, having considered the same, reports
favorably thereon, with an amendment, and recommends that the
bill, as amended, do pass.
                            CONTENTS
                                                               Page
   I. Background and Purpose of the Helping Families Save Their Homes
      in Bankruptcy  Act  of 2008  .......................................................................  2
  II. History of the Bill and Committee Consideration .......................................  7
  III. Section-by-Section  Summary  of the Bill  ....................................................  9
  IV. Congressional Budget Office Cost Estimate  ...............................................  13
  V. Regulatory  Im pact  Statem ent  ......................................................................  16
  V I.  C onclusion  ..................................................................................................... .  16
  VII. Minority Views of Senators Specter, Hatch, Grassley, Kyl, Brownback,
      Cornyn and Coburn  ....................................................................................  17
VIII. Changes to Existing Law Made by the Bill, as Reported ........................... 23


69-010

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