Mortgage Servicing Conflict Elimination Act of 2010

Mortgage Modification, Bankruptcy Cramdown "Dodd-Frank Wall Street Reform and Consumer Protection Act," H.R. 4173 "Restoring American Financial Stability Act of 2010," S. 3217 "Mortgage Servicing Conflict Elimination Act of 2010," H.R. 4953

Client expense: $196,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Economic Council (NEC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

S. 566, Financial Product Safety Commission Act of 2009. All Provisions. A bill to create a Financial Product Safety Commission, to provide consumers with stronger protections and better information in connection with consumer financial products, and to give providers of consumer financial products more regulatory certainty. H.R. 4173, Dodd-Frank Wall Street Reform and Consumer Protection Act. All Provisions. Provides for financial regulatory reform, to protect consumers and investors, to enhance Federal understanding of insurance issues, to regulate the over-the-counter derivatives markets, and for other purposes.(BILL IS NOW LAW) H.R. 4953, Mortgage Servicing Conflict Elimination Act of 2010. All Provisions. Amends the Truth in Lending Act to prohibit the servicer of a home mortgage, or any affiliate of the servicer, from holding any other mortgage on the property. H.R. 5766, To ensure that the underwriting standards of Fannie Mae and Freddie Mac facilitate the use of property assessed clean energy programs to finance the installation of renewable energy and energy efficiency improvements. All Provisions.

Client expense: $605,000 · Firm income: Not reported

Government targets: Energy, Dept of, Federal Bureau of Investigation (FBI), Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), SENATE, Treasury, Dept of, White House Office

Mortgage Modification, Bankruptcy Cramdown "Dodd-Frank Wall Street Reform and Consumer Protection Act," H.R. 4173 "Restoring American Financial Stability Act of 2010," S. 3217 "Mortgage Servicing Conflict Elimination Act of 2010," H.R. 4953

Client expense: $270,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of

S. 61, Helping Families Save Their Homes in Bankruptcy Act of 2009. All provisions. Provides for cramdowns of mortgage principal balance. Amends title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes. H.R. 78, Stop Mortgage Fraud Act. All Provisions. Authorizes additional appropriations for the FBI to enhance its (continued) H.R. 78, Stop Mortgage Fraud Act. All Provisions. (continued) ability to more effectively stop mortgage fraud, and for other purposes. H.R. 225, Emergency Homeownership and Equity Protection Act. All Provisions. Provides for cramdowns of mortgage principal balance. Amends title 11 of the United States Code with respect to modification of certain mortgages on principal residences, and for other purposes. H.J.Res. 38, FY 2009 Continuing Resolution/Omnibus Appropriations Act. HUD/DOJ/Treasury Budget, Mortgage Fraud provisions.HUD Budget, DOJ Budget, Treasury Budget, Mortgage Fraud, revenue provisions, especially mortgage interest deduction changes, GSE and FHA Loan limits, mortgage fraud. H.R. 230, Housing Opportunity and Mortgage Equity Act of 2009. All Provisions. Directs the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (the enterprises) to implement a program to purchase and securitize qualified refinancing mortgages and qualified new mortgages on single-family housing in accordance with policies and procedures established by the Director of the Federal Housing Finance Agency (FHFA). H.R. 1664, Grayson-Himes Pay for Performance Act of 2009. All Provisions. Amends the executive compensation provisions of the Emergency Economic Stabilization Act of 2008 to prohibit unreasonable and excessive compensation and compensation not based on performance standards. H.R. 1728, Mortgage Reform and Anti-Predatory Lending Act. All Provisions. Amends TILA to reform consumer mortgage practices and provides accountability. H.R. 1748, Fight Fraud Act of 2009. All Provisions. Amends the federal criminal code to include within the definition of "financial institution" a mortgage lending business or any person or entity that makes, in whole or in part, a federally related mortgage loan. Defines "mortgage lending business" as an organization that finances or refinances any debt secured by an interest in real estate, including private mortgage companies and their subsidiaries, and whose activities affect interstate or foreign commerce. H.R. 2181, Mortgage Assistance Information and Scam Prevention Act of 2009. All Provisions. To require servicers of mortgages on single family homes to provide notice to mortgagors of possible eligibility for Federal mortgage assistance. H.R. 2452, Net Operating Loss (NOL) Carryback Act. All Provisions. Amends the Internal Revenue Code to allow a five-year carryback of net operating losses, including the operating losses of life insurance companies, incurred in 2008 and 2009. Denies such extended loss carryover period to: 1) taxpayers in whom the federal government acquires an equity interest under the Emergency Economic Stabilization Act of 2008; (2) the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac); and (3) members of certain affiliated groups. H.R. 2666, Mortgage Foreclosure Rescue and Loan Modification Services Fraud Prevention Act of 2009. All Provisions. To require the Federal Trade Commission to conduct a rulemaking proceeding with respect to mortgage foreclosure rescue and loan modification services, and for other purposes. H.R. 2847, Commerce, Justice, Science, and Related Agencies Appropriations Act 2010. All Provisions. Makes appropriations for FY2010 for the Departments of Commerce and Justice, for science-related programs, and related agencies. H.R. 3126, Consumer Financial Protection Agency Act of 2009. All Provisions. Establishes a Consumer Financial Protection Agency with the authority and accountability to supervise, examine, and enforce consumer financial protection laws. H.R. 3527, FHA Multifamily Loan Limit Adjustment Act of 2009. All Provisions. Increases the maximum mortgage amount limitations under the FHA mortgage insurance programs for multifamily housing projects with elevators and for extremely high cost areas. H.R. 3996, Financial Stability Improvement Act of 2009. All Provisions. Improves financial stability ; provisions regarding risk retention obligations. Provides for financial regulatory reform, to protect consumers and investors. H.R.4899, Supplemental Appropriations Act, 2010. All Provisions. Makes supplemental appropriations for the fiscal year ending September 30, 2010, and for other purposes. H.R.4953, Mortgage Servicing Conflict Elmination Act of 2010. All Provisions. Amends the Truth in Lending Act to prohibit the servicer of a home mortgage, or any affiliate of the servicer, from holding any other mortgage on the property. H.R.5072, FHA Reform Act of 2010. All Provisions. Improves the financial safety and soundness of the FHA mortgage insurance program. S.566, Financial Product Safety Commission Act of 2009. All Provisions. Creates a Financial Product Safety Commission to provide consumers with stronger protections and better information in connection with consumer financial products and gives providers of consumer financial productsmore regulatory certainty. S. 1230, Home Buyer Tax Credit Act of 2009. All Provisions. A bill to amend the Internal Revenue Code of 1986 to provide a Federal income tax credit for certain home purchases. S. 1731, Preserving Homes and Communities Act of 2009. All Provisions. Requires certain mortgagees to make loan modifications, establishes a grant program for State and local government mediation programs, creates databases on foreclosures and other purposes.

Home Affordable Modification Program ("HAMP") "The Mortgage Servicing Conflict Elimination Act of 2010," H.R. 4953

Client expense: Not reported · Firm income: Not reported

Home Affordable Modification Program ("HAMP") "The Mortgage Servicing Conflict Elimination Act of 2010," H.R. 4953

Client expense: Not reported · Firm income: Not reported

Home Affordable Modification Program ("HAMP") "The Mortgage Servicing Conflict Elimination Act of 2010," H.R. 4953

Client expense: Not reported · Firm income: Not reported

Home Affordable Modification Program ("HAMP") "The Mortgage Servicing Conflict Elimination Act of 2010," H.R. 4953

Client expense: Not reported · Firm income: Not reported