Obama and McCain: Key Senate Votes from 2005 through 2008
Foreclosure Prevention
July 26, 2008 -- During a Saturday session, the U.S. Senate passes -- by a vote of 72-13 -- the American Housing Rescue and Foreclosure Prevention Act of 2008. The act provides a backstop for Fannie Mae and Freddie Mac. The two organizations were chartered by the U.S. Congress, Fannie Mae in 1938 and Freddie Mac in 1970, to help Americans buy homes. Neither provide loans to purchasers but do buy mortgages from banks and other lenders.
McCain: Did not vote
Obama: Did not vote
Housing Reform Package
April 10, 2008 -- The U.S. Senate passes -- by a vote of 84-12 -- a bill to provide housing reform. The bill offers tax breaks to home builders and other businesses suffering during the economic slump and offers incentives to individuals to buy foreclosed properties.
McCain: Did not vote
Obama: Did not vote
(Sources: CQ Weekly; U.S. Senate Legislation Database)