Partnership to Strengthen Homeownership Act of 2014

Policy issues pertaining to mortgage insurance, government-sponsored entities, and the housing finance market, including H.R. 1145, S. 1217, S. 1376, H.R. 2767, and H.R. 5055.

Client expense: Not reported · Firm income: $180,000

Government targets: General Services Administration (GSA), Ginnie Mae, HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Policy issues pertaining to mortgage insurance, government-sponsored entities, and the housing finance market, including H.R. 1145, S. 1217, S. 1376, H.R. 2767, and H.R. 5055.

Client expense: Not reported · Firm income: $180,000

Improvement of Short Sales Process HR839 - Prompt Decision for Qualification for Short Sales Act S361 - Prompt Notification of Short Sales ActGSE Modifications HR736 - Responsible Homeowner Refinancing Act of 2013 HR1712 - Housing Opportunity and Mortgage Equity Act of 2013 HR2767 - The Protecting American Taxpayers and Homeowners Act of 2013 HR3550 - The New Fair Deal Banking and Housing Stability Act of 2013 S249 - Responsible Homeowner Refinancing Act of 2013 S536 - Jumpstart GSE Reform S1217 - Housing Finance Reform and Taxpayer Protection Act of 2013 HR5055 - Partnership to Strengthen Homeownership Act of 2014 Basel III Capital Standards HR1693 - A bill to provide an exemption for community banks from the application of Basel III capital standards S737 - Basel III Impact Study Act Commercial Real Estate Refinancing HR1240 - A bill to extend the low-interest refinancing provisions under the Local Development Business Loan Program of the Small Business Administration S289 - Commercial Real Estate and Economic Development Act of 2013 S968 - Small Business Lending Enhancement Act of 2013 Fees and Points in the QM ATR Rules of Dodd-Frank HR3211 - Mortgage Choice Act of 2013 S949 - Consumer Mortgage Choice Act S1577 - Mortgage Choice Act of 2013 Credit Union Lending HR688 - A bill to amend the Federal Credit Union Act to provide certain credit unions with the authority to make additional member business loans, and for other purposes Conversations with the Treasury Department about mortgage reform. Discussions with the Department of Housing and Urban Development (HUD) on the FHA premium reductions, property flipping waivers, and note sales. Conversations with the Consumer Finance Protection Board (CFPB) on the Real Estate Settlement Procedures Act (RESPA), the Truth In Lending Act (TILA), and mortgage servicing. Conversations with the Federal Housing Finance Agency (FHFA) about G-fees, GSE reform, and credit availability. Discussions with the Securities and Exchange Commission about "crowdfunding" regulations under the JOBS Act of 2012, the definition of "accredited investors," and the FASB Lease Accounting proposal. Conversations with the White House National Economic Council regarding mortgages. Discussions with the Federal Housing Administration (FHA) regarding FHA premium reductions.

Balanced Housing Policy Section 8 Reform Section 8 - Rental Assistance Reform Legislation HUDs FY 2014/2015 Budget - HUD Assisted Housing Programs H.R.83 - FY2015 Omnibus; Consolidated and Further Continuing Appropriations Act H.J.Res.131 - Making further continuing appropriations for fiscal year 2015, and for other purposes (until December 17, 2014) H.J.Res.130 - FY2015 Continuing Resolution, (through December 13, 2014) H.J. Res 124 Department of Agriculture Rural Housing Service - Fiscal Year 2015 Agriculture, Rural Development, Food and Drug Administration and Related Appropriations bills - provisions rural housing and provisions related to 521 Rental Assistance and Section 514/515 properties Commerce, Justice, Science, and Related Agencies Appropriations Act, 2015, provisions related to U.S. Census Bureau Funding Continuing Resolution: Housing/Census provisions FY 2015 Housing Appropriations Federal Affordable Housing Programs - HUD Fair Market Rent/Small Area Fair Market Rent issue S. 1217, The Housing Finance Reform and Taxpayer Protection Act (all provisions) H.R. 2767, Protecting American Taxpayers and Homeowners (PATH) Act, provisions impacting multifamily housing. HUD Fair Market Rents HUD Fair Market Rents for FY 2015 Section 521 Rental Assistance Program H.J. RES. 91 - Department of Defense Survivor Benefits Continuing Appropriations Resolution, 2014 (all provisions) FHA Notice on 2014 Reduction of GSE Multifamily Origination Activities, Options for Reducing Fannie Mae and Freddie Macs Multifamily Business Rural Housing Issues with the United State Department of Agriculture Discussion Draft- HR [XXXX] HOME Forward Act of 2014, Rep. Maxine Waters Implementation of the Fair Housing Acts Discriminatory Effects Standard, Final Rule, 24 CFR Part 100-all provisions H.R. 4435 (became H.R. 3979) Howard P. "Buck" McKeon National Defense Authorization Act for Fiscal Year 2015 (Personnel, Family Housing, Environmental Performance Standards and Amendments) S. 2410- 2015 National Defense Authorization Act- (Personnel, Family Housing, Environmental Performance Standards and Amendments) (Section 603/ Modification of computation of basic allowance for housing) S.2294 To require a survey of the preferences of members of the Armed Forces regarding military pay and benefits H.R.4486 Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2015 H.R.4870 Department of Defense Appropriations Act, 2015 FAA One Engine Inoperative Policy H.R. 4623 To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 4146- Preservation Enhancement and Savings Opportunity Act of 2014 H.R. 5055, The Partnership to Strengthen Homeownership Act, provisions impacting multifamily housing - I have not discussed H.R. 5374, Fairness and Accountability in Rental Assistance Act of 2014, all provisions H. Amdt. 827 to H.R. 4745, Transportation-HUD Appropriations. The amendment prohibits the use of funds to implement, administer, or enforce paragraph (c)(3) of section 982.503 in the Code of Federal Regulations dealing with voucher tenancy: payment standard amount and schedule. HR 5374 - FAIR Assistance Act of 2014 HUD Final Rule on - The Housing and Economic Recovery Act of 2008: Changes to the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher Programs, provisions related to the Component 2 of the Rental Assistance Demonstration Program HUD 2015 Fair Market Rents (FMRs), all provisions Rental Assistance Demonstration Program HUD: FHA Multifamily Transformation Initiative H-2-2014-14 Transferring Budget Authority of a Project-Based Section 8 Housing Assistance Payments (HAP) Contract under Section 8 (bb) (1) of the United States Housing Act of 1937.

S .1217, The Housing Finance Reform and Taxpayer Protection Act (all provisions) H.R. 2767, Protecting American Taxpayers and Homeowners (PATH) Act, provisions impacting multifamily housing. P.L. 111-203, DoddFrank Wall Street Reform and Consumer Protection Act Public Proposals for the Future of the Housing Finance System GSE Reform: Proposals to ensure liquidity in multifamily mortgage markets in a post Fannie Mae / Freddie Mac environment. H.R. 2767 Protecting American Taxpayers and Homeowners Act (provisions impacting multifamily housing) Discussion Draft HR [XXXX] HOME Forward Act of 2014 (Maxine Waters Bill) H.R. 5055, The Partnership to Strengthen Homeownership Act, provisions impacting multifamily housing Basel III Banking Capital Standards Liquidity Capital Ratio (OCC, FDIC, Federal Reserve) FHA Multifamily Guidebook 4350.1 Revisions Multifamily Servicing and Asset Management S. 2244, Terrorism Risk Insurance Program Reauthorization Act of 2014, all provisions H.R. 4871, TRIA Reform Act of 2014, all provisions

Client expense: $430,500 · Firm income: Not reported

H.R. 5495: Preserving Multifamily Housing Act of 2014; all provisions. H.R. 4146: Preservation, Enhancement and Savings Opportunity Act of 2014. A bill to amend the Low-Income Housing Preservation and Resident Homeownership Act of 1990; all provisions. S.1217 - Housing Finance Reform and Taxpayer Protection Act of 2013: A bill to provide secondary mortgage market reform, and for other purposes; all provisions. H.R.2767 - Protecting American Taxpayers and Homeowners (PATH) Act of 2013: A bill to protect American taxpayers and homeowners by creating a sustainable housing finance system for the 21st century; all provisions. H.R. 5055 - Partnership to Strengthen Homeownership Act of 2014; A bill to reform the housing finance system of the United States, and for other purposes; all provisions. House Budget Committee Discussion Draft,"Expanding Opportunity in America," July 24, 2014; all provisions in Chapters 1 and 5 which affect federal affordable multifamily housing and rental assistance programs. Advocated for Section 8 and Rental Assistance Reform consistent with the April 13, 2012 House Financial Services Committee Discussion Draft Legislation, Affordable Housing and Self-Sufficiency Improvement Act of 2012: A bill to reform affordable housing programs and the provision of supportive services under the United States Housing Act of 1937; all provisions [not introduced during reporting period]. Offered preliminary policy recommendations that would achieve cost savings in the management & operation of federally assisted multifamily housing by: Eliminating Costs Unique to Affordable Housing; Performing Income Certifications Once for All Programs; Using Federal Tax Returns for Rent Calculations; Track, Enforce and Prevent Repeat Payment Agreements; Reduce the frequency of Management Occupancy Reviews (MORs); and examine the feasiblity of reducing or eliminating interim income recertifications. The White House Domestic Policy Council Rental Policy Working Groups "Federal Rental Alignment-Administrative Proposals, December 31, 2011; all provisions (to better align the operation of federal rental programs and policies across the Administration) with specific emphasis on the Physical Inspection Pilot Program (for mixed-financed properties). All policies, funding and administrative issues related to management, production & preservation of affordable multifamily housing subject to HUD, USDA-RHS, and Treasury-IRS regulations. HUD Final Rule, "The Housing and Economic Recovery Act of 2008 (HERA): Changes to the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher Programs,"[Docket No. FR-5242-F-02] June 25, 2014; all provisions. HUD Proposed Rule, "Supportive Housing and Services for the Elderly and Persons With Disabilities: Implementing Statutory Reforms;[Docket No. FR-5576-P-01] October 7, 2014; all provisions. HUD Proposed Rule,"Supportive Housing and Services for the Elderly and Persons With Disabilities:Implementing Statutory Reforms-Reopening of Public Comment" [Docket No. FR-5576-N-02], Dec 11, 2014; all provisions. HUD Notice H-2014-14,"Transferring Budget Authority of a Project-Based Section 8 Housing Assistance Payments Contract under Section 8(bb)(1) of the United States Housing Act of 1937," October 9, 2014; all provisions. HUD Notice [Docket No. FR-5720-N-01] "The Violence Against Women Reauthorization Act of 2013: Overview of Applicability to HUD Programs," August 6, 2013; all provisions. HUD's "Affirmative Fair Housing Marketing Plan (AFHMP)-Multifamily Housing" Form HUD-935.2A (12/2011); all provisions. Title 24 CFR Part 200, Subpart M-Affirmative Fair Housing Marketing Regulations; all provisions of this HUD regulation for Affirmative Fair Housing Marketing requirements in HUD's Federal Housing Administration (FHA) multifamily housing programs. Title 24 CFR Part 8, Subpart C-Program Accessibility; all provisions of this HUD regulation which require nondiscrimination based on Handicap in HUD's FHA multifamily assisted properties with emphasis on 8.22 New construction-housing facilities, 8.23 Alterations of existing housing facilities, 8.32 Accessibility standards and 8.33 Housing adjustments. Title 24 CFR Part 100, Subpart D - Prohibition Against Discrimination Because of Handicap; all provisions of this HUD Regulation with emphasis on requirements for rental properties in 100.203 Reasonable modifications of existing premises, 100.204 Reasonable accommodations, and 100.205 Design and construction requirements. HUD Initiative "Transforming Multifamily for the 21st Century"; all provisions. HUD Report "Multifamily Housing Transformation," 2014; all provisions. HUD "Revised Section 8 Renewal Policy Guide for Public Comment," February 28, 2014; all provisions, especially Chapter 9, Section 9-23 Special Procedures When An RCS [Rent Comparability Study] Shows That A Projects Median Market Rent Exceeds 110 Percent Of the Median Gross Rent For The Projects Zip Code. HUD Notice "Section 8 Housing Choice Voucher Program-Demonstration Project of Small Area Fair Market Rents in Certain Metropolitan Areas, Discussion of Comments, and Request for Participation," [Docket No. FR-5413-N-02] April 20, 2011; all provisions. HUD Notice, "Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program Fiscal Year 2015"[Docket No. FR-5807-N-03]; October 3, 2014; all provisions. HUD Handbook 4350.1 REV-2, Multifamily Asset Management and Project Servicing; all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 11.1 Multifamily Emergency Disaster Assistance;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 12.9 Prepayment of Section 202 Loans" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Guide to Units, Chapters, Section Headings & Subheadings;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 3.7 Preventing Defaults and Assignments;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 12.10 Tax Credits and Subsidy Layering;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 3.4 Insurance and Loss Drafts;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 9.1 Transfers of Physical Assets;" all provisions. HUD Handbook 4350.3 REV-1: Occupancy Requirements of Subsidized Multifamily Housing Programs, November 2013; all provisions. HUD Notice H 2013-06 Enterprise Income Verification (EIV) System March 8, 2013; all provisions. Title 24 CFR Part 5 Subpart B-Disclosure and Verification of Social Security Numbers and Employer Identification Numbers; Procedures for Obtaining Income Information; all provisions of this HUD regulations, with emphasis on 5.233 Mandated use of HUD's Enterprise Income Verification (EIV) System. HUD's Tenant Rental Assistance Certification System (TRACS) Release 2.0.2.(d); all provisions and policies concerning collection of repayment agreement information between tenants and assisted property owners. All policies related to HUD's: Real Estate Assessment Center scoring and procedures for HUD-assisted and/or FHA insured properties; 2530 previous participation certification policies and submission procedures; Enterprise Income Verification system; Management and Occupancy Review for owners and management agents, "Workload Sharing" pilot programs, "Sustaining our Investments" Initiative and service coordinator program. USDA-RHS Unnumbered Letter "Underwriting Guidance for Transfer and [Multi-Family Housing Preservation & Revitalization]MPR Multi-Family Housing Transactions," September 30, 2013; all provisions. USDA-Rural Development Procedure Notice 472, September 29, 2014; all provisions of INSERT RD HB-2-3560 MFH ASSET MANAGEMENT HANDBOOK Chapter 3 Attachment 3-F (RD Handbook Changes, Revision to HB-2-3650 Attachment 3-F to reflect increases in Fiscal Year 2015 Management Fees). Offered recommendations in response to USDA-RHS' informal request for ideas to implement a performance-based management fee for apartments that receive Rural Rental Assistance. USDA- Rural Development Administrative Notice RD AN No. 4747 (1944-N) "Implementation of 42 U.S.C. 14043e-11 of the Violence Against Women Reauthorization Act in Rural Developments Multi-Family Housing Programs," February 10, 2014; all provisions. Advocated for policies to address ongoing occupancy issues, including prolonged vacancies, in properties that participate in USDA-RHS's Multifamily Housing programs. Advocated for policies to address improper payments in USDA-RHS's Section 521 Rural Rental Assistance program. All policies related to USDA Rural Development's Improper Payments Information Act (IPIA) audit for the Rental Assistance Program, Multi-Family Integrated System and its findings reviews, and rural housing preservation.

H.R. 189 (Transparency and Security in Mortgage Registration Act of 2013); H.R. 2767 (Protecting American Taxpayers and Homeowners Act of 2013); H.R. 4387 (FSOC Transparency and Accountability Act);H.R. 4881 (To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations); H.R. 5055 (To reform the housing finance system of the United States, and for other purposes); S. 563 (Jumpstart GSE Reform Act); S. 1217 (Housing Finance Reform and Taxpayer Protection Act of 2013); Dodd-Frank Wall Street Reform and Consumer Protection Act Implementation; Housing Affordability and Stability Plan; Housing finance issues (General); Servicing compensation; Credit Rating Agency Reform; Government Sponsored Enterprise (GSE) Reform; Strategic plan for conservatorships of the GSEs; Eminent Domain; Equity market structure issues; Capital standards; Ginnie Mae securitization programs; The Volcker Rule implementation; The Volcker Rule collaterized loan obligations (CLO) issue; Johnson-Crapo Housing Finance Reform Bill; Delaney-Carney-Himes Housing Finance Reform Bill.

Client expense: $2,010,000 · Firm income: Not reported

S. 1217 - the Housing Finance Reform and Taxpayer Protection Act of 2013 - all provisions. H.R. 5055, Partnership to Strengthen Homeownership Act of 2014 - all provisions

Client expense: $1,280,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Office of Management & Budget (OMB), SENATE, Treasury, Dept of

Balanced Housing Policy Section 8 Reform Section 8 - Rental Assistance Reform Legislation HUDs FY 2014/2015 Budget - HUD Assisted Housing Programs FY 2015 Budget Legislation H.R. 4800 Fiscal Year 2015 Agriculture, Rural Development, Food and Drug Administration and Related Appropriations bills - provisions rural housing and provisions related to 521 Rental Assistance and Section 514/515 properties HR 4660 Commerce, Justice, Science, and Related Agencies Appropriations Act, 2015, provisions related to U.S. Census Bureau Funding S.2437 - Commerce, Justice, Science, and Related Agencies Appropriations Act, 2015, provisions related to U.S. Census Bureau Funding Continuing Resolution: Housing/Census provisions FY 2015 Housing Appropriations Federal Affordable Housing Programs HUD Fair Market Rent/Small Area Fair Market Rent issue HUD National Affordability Index Housing for Service Members S. 1217, The Housing Finance Reform and Taxpayer Protection Act (all provisions) Issues related to the American Community Survey H.R. 1078, To Make Participation in the American Community Survey Voluntary H.R. 2767, Protecting American Taxpayers and Homeowners (PATH) Act, provisions impacting multifamily housing. HUD Fair Market Rents Section 521 Rental Assistance Program H.J. RES. 91 - Department of Defense Survivor Benefits Continuing Appropriations Resolution, 2014 (all provisions) FHA Notice on 2014 Reduction of GSE Multifamily Origination Activities, Options for Reducing Fannie Mae and Freddie Macs Multifamily Business Rural Housing Issues with the United State Department of Agriculture Discussion Draft- HR [XXXX] HOME Forward Act of 2014, Rep. Maxine Waters Implementation of the Fair Housing Acts Discriminatory Effects Standard, Final Rule, 24 CFR Part 100-all provisions H.R. 4435 Howard P. "Buck" McKeon National Defense Authorization Act for Fiscal Year 2015 (Personnel, Family Housing, Environmental Performance Standards and Amendments) S. 2410- 2015 National Defense Authorization Act- (Personnel, Family Housing, Environmental Performance Standards and Amendments) (Section 603/ Modification of computation of basic allowance for housing) S.2294 To require a survey of the preferences of members of the Armed Forces regarding military pay and benefits H.R.4486 Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2015 H.R.4870 Department of Defense Appropriations Act, 2015 FAA One Engine Inoperative Policy H.R. 4623 To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 4146- Preservation Enhancement and Savings Opportunity Act of 2014 H.R. 4745, Transportation-HUD Appropriations H.R. 5055, The Partnership to Strengthen Homeownership Act, provisions impacting multifamily housing H.R. 5374, Fairness and Accountability in Rental Assistance Act of 2014, all provisions H. Amdt. 827 to H.R. 4745, Transportation-HUD Appropriations. The amendment prohibits the use of funds to implement, administer, or enforce paragraph (c)(3) of section 982.503 in the Code of Federal Regulations dealing with voucher tenancy: payment standard amount and schedule. HR 5374 - FAIR Assistance Act of 2014 HR 5632 -Fair Local Adjustment for Tenant Rents Act of 2014 HUD Final Rule on - The Housing and Economic Recovery Act of 2008: Changes to the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher Programs, provisions related to the Component 2 of the Rental Assistance Demonstration Program HUD 2015 Fair Market Rents (FMRs), all provisions

S .1217, The Housing Finance Reform and Taxpayer Protection Act (all provisions) P.L. 111-203, DoddFrank Wall Street Reform and Consumer Protection Act Public Proposals for the Future of the Housing Finance System GSE Reform: Proposals to ensure liquidity in multifamily mortgage markets in a post Fannie Mae / Freddie Mac environment. H.R. 2767 Protecting American Taxpayers and Homeowners Act (provisions impacting multifamily housing) Discussion Draft HR [XXXX] HOME Forward Act of 2014 (Maxine Waters Bill) Discussion Draft HR [XXXX] Multifamily Housing Finance Reform Act of 2014 (Maloney Bill) H.R. 5055, The Partnership to Strengthen Homeownership Act, provisions impacting multifamily housing S. 563 Jump Start GSE Reform (all provisions) H.R. 2348 Jump Start GSE Reform (all provisions) Basel III Banking Capital Standards Liquidity Capital Ratio (OCC, FDIC, Federal Reserve) FHA Multifamily Guidebook 4350.1 Revisions Multifamily Servicing and Asset Management S. 2244, Terrorism Risk Insurance Program Reauthorization Act of 2014, all provisions H.R. 4871, TRIA Reform Act of 2014, all provisions

Client expense: $440,000 · Firm income: Not reported

H.R. 189 (Transparency and Security in Mortgage Registration Act of 2013); H.R. 2767 (Protecting American Taxpayers and Homeowners Act of 2013); H.R. 4167 (Restoring Proven Financing for American Employers Act);H.R. 4387 (FSOC Transparency and Accountability Act); H.R. 4881 (To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations); H.R. 5055 (To reform the housing finance system of the United States, and for other purposes); H.R. 5461 (To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act, to improve upon the definitions provided for points and fees in connection with a mortgage transaction, and for other purposes); S. 563 (Jumpstart GSE Reform Act); S. 1217 (Housing Finance Reform and Taxpayer Protection Act of 2013); Dodd-Frank Wall Street Reform and Consumer Protection Act Implementation; Housing Affordability and Stability Plan; Housing finance issues (General); Servicing compensation; Credit Rating Agency Reform; Government Sponsored Enterprise (GSE) Reform; Strategic plan for conservatorships of the GSEs; Eminent Domain; Equity market structure issues; Capital standards; Ginnie Mae securitization programs; The Volcker Rule implementation; The Volcker Rule collaterized loan obligations (CLO) issue; Johnson-Crapo Housing Finance Reform Bill; Delaney-Carney-Himes Housing Finance Reform Bill; FINRA Regulatory Notice 13-42 (Comprehensive Automated Risk Data System); Fixed income market structure; Liquidity coverage ratio for municipal bonds.

Client expense: $1,790,000 · Firm income: Not reported

Improvement of Short Sales Process HR839 - Prompt Decision for Qualification for Short Sales Act S361 - Prompt Notification of Short Sales ActGSE Modifications HR736 - Responsible Homeowner Refinancing Act of 2013 HR1712 - Housing Opportunity and Mortgage Equity Act of 2013 HR2767 - The Protecting American Taxpayers and Homeowners Act of 2013 HR3550 - The New Fair Deal Banking and Housing Stability Act of 2013 S249 - Responsible Homeowner Refinancing Act of 2013 S536 - Jumpstart GSE Reform S1217 - Housing Finance and Taxpayer Protection Act of 2013 HR5055 - Partnership to Strengthen Homeownership Act of 2014 Basel III Capital Standards HR1693 - A bill to provide an exemption for community banks from the application of Basel III capital standards S737 - Basel III Impact Study Act Commercial Real Estate Refinancing HR1240 - A bill to extend the low-interest refinancing provisions under the Local Development Business Loan Program of the Small Business Administration S289 - Commercial Real Estate and Economic Development Act of 2013 S968 - Small Business Lending Enhancement Act of 2013 Fees and Points in the QM ATR Rules of Dodd-Frank HR3211 - Mortgage Choice Act of 2013 S949 - Consumer Mortgage Choice Act S1577 - Mortgage Choice Act of 2013 Credit Union Lending HR688 - A bill to amend the Federal Credit Union Act to provide certain credit unions with the authority to make additional member business loans, and for other purposes Conversations with the Treasury Department about Qualified Residential Mortgages (QRM) and GSE reform. Discussions with the Department of Housing and Urban Development (HUD) on the FHA, mortgage insurance premiums, and property flipping waivers. Conversations with the Consumer Finance Protection Board (CFPB) on Qualified Mortgages (QM), the Real Estate Settlement Procedures Act (RESPA), the Truth In Lending Act (TILA), and mortgage servicing. Conversations with the Federal Housing Finance Agency (FHFA) about housing financing, G-fees, and short sales. Discussions with the Securities and Exchange Commission about "crowdfunding" regulations under the JOBS Act of 2012 and the FASB Lease Accounting proposal. Conversations with the White House National Economic Council regarding housing finance, GSE Reform, and G-fees.

HR 4060, Systemic Risk Designation Improvement Act of 2014 (all provisions). HR 3770, CFPB-IG Act of 2013 (all provisions). HR 634, the Business Mitigation and Price Stabilization Act (all provisions).HR 3211, the Mortgage Choice Act (all provisions). HR 4167, Restoring Proven Financing for American Employers Act (all provisions). HR 4719, America Gives More Act (all provisions). HR 992, Swaps Regulatory Improvement Act (all provisions). HR 5403, Reforming CFPB Indirect Auto Financing Guidance Act (all provisions). HR 4788, Relief for America's Main Street Lenders Act (all provisions). HR 5405, Promoting Job Creation and Reducing Small Business Burdens Act (all provisions). HR 4986, End Operation Choke Point Act of 2014 (provisions related to banking). HR 4532, to amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to specify when bank holding companies may be subject to certain enhanced supervision (all provisions). HR 5018, Federal Reserve Accountability and Transparency Act of 2014 (all provisions). S. 2732, Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2014 (all provisions). Issues related to Export Import Bank reauthorization (H.J.Res., Continuing Appropriations Resolution, 2015). HR 2767, Protecting American Taxpayers and Homeowners Act of 2013 (PATH Act) (all provisions). HR 5055, Partnership to Strengthen Homeownership Act of 2014 (all provisions). S. 1217, Housing Finance Reform and Taxpayer Protection Act (all provisions) and revised Senate GSE/housing finance reform legislation. Issues related to government sponsored enterprise (GSE) and housing reforms initiatives (no specific bill). Issues related lending, mortgage lending, qualified mortgages, qualified residential mortgages, small business lending, online lending, energy lending programs, student loans, and auto lending (no specific bill). Issues related to bank fees, card fees and rate caps, and credit card interchange and debit card interchange (Senator Durbin amendment, electronic debit card transactions) (no specific bill). Issues related to regulatory implementation, process, systems and structures, general discussions and issues related to product new development, Volcker rule, CCAR, stress test, living wills, liquidity coverage ratio (LCR), CLO, end user margins, point/fees and Basel (no specific bill). H.R. 4173 (111th Congress, P.L. 111-203): Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act); regulatory implementation discussions covering rules and regulations, including discussions with the Consumer Financial Protection Bureau (for which there is no CFPB listing on Line 17 available), on structure, regulatory implementation, oversight, process, enforcement and compliant handling. General discussions covering the Dodd-Frank Act and provisions (Act repeal, amending and technical fixes), Volcker rule, Financial Stability Oversight Council, Office of Financial Research, systemically important financial institutions designations, prudential regulations, mortgage regulations (qualified mortgages, qualified residential mortgages), corporate governance, enhanced prudential standards (165/166), stress testing, capital planning, living will, remittance, 716, push-out, Title VII (swaps/derivatives), Title II, section 1071, overdraft, pre-paid cards, examinations and other banking and financial services related provisions. Issues related to cyber-security, data breach and privacy, protecting consumer information, general discussions, as related to banking and financial services (no specific bill). Issues related to the CFPB narrative database program (no specific bill).

Budget of the United States Government, Fiscal Year 2015; all provisions relating to the U.S. Department of Housing and Urban Development (HUD), U.S. Department of Agriculture (USDA) -Rural Housing Service (RHS) funding and administration of affordable multifamily housing and rental assistance programs and Treasury-Internal Revenue Service (IRS) proposals related to the Low Income Housing Tax Credit (LIHTC) and bond-financed multifamily housing programs. (Continued).H.R. 4800: Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2015. Making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2015, and for other purposes. TITLE III RURAL DEVELOPMENT PROGRAMS - all provisions under Rural Housing Service related to affordable multifamily housing programs. S. 2389: Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2015. An original bill making appropriations for Agriculture, Rural Development, Food and Drug Administration, and Related Agencies programs for the fiscal year ending September 30, 2015, and for other purposes. TITLE III -RURAL DEVELOPMENT PROGRAMS - all provisions under Rural Housing Service related to affordable multifamily housing & rental assistance programs. H.R.4745: Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2015. Making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2015, and for other purposes. TITLE II DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT - all provisions related to affordable multifamily housing & rental assistance programs. House Report 113-464 - DEPARTMENTS OF TRANSPORTATION, AND HOUSING AND URBAN DEVELOPMENT, AND RELATED AGENCIES APPROPRIATIONS BILL, 2015: Title II--Department of Housing and Urban Development, all provisions related to funding and administration of the project-based Section 8 program, the Section 8 performance-based contract administration program and HUD's Initiative "Transforming Multifamily for the 21st Century" plan for reorganization of its multifamily offices and field structure. S. 2438: Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2015. An original bill making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2015, and for other purposes. TITLE II DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT - all provisions related to affordable multifamily housing & rental assistance programs. Senate Report 113-182 - TRANSPORTATION AND HOUSING AND URBAN DEVELOPMENT, AND RELATED AGENCIES APPROPRIATIONS BILL, 2015: TITLE II DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, all provisions related to funding and administration of the project-based Section 8 program, the Section 8 performance-based contract administration program and HUD's Initiative "Transforming Multifamily for the 21st Century" plan for reorganization of its multifamily offices and field structure. Budget of the United States Government, Fiscal Year 2016; all provisions relating to the U.S. Department of Housing and Urban Development (HUD) project-based Section 8 program. (not introduced during reporting period.) Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016; all provisions related to project-based Section 8 program. (not introduced during reporting period.) H.R. 4146: Preservation, Enhancement and Savings Opportunity Act of 2014. A bill to amend the Low-Income Housing Preservation and Resident Homeownership Act of 1990; all provisions. S. 1442: Improving the Low-Income Housing Tax Credit Rate Act. A bill to amend the Internal Revenue Code of 1986 to make permanent the minimum low-income housing tax credit rate for unsubsidized buildings and to provide a minimum 4 percent credit rate for existing buildings; all provisions. H.R.4717 - To amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit program; all provisions.S.2260 - Expiring Provisions Improvement, Reform, and Efficiency (EXPIRE) Act of 2014:A bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes: TITLE I, Subtitle B, Sec. 112. Extension and modification of temporary minimum low-income housing tax credit rate for non-federally subsidized buildings; all provisions. Draft bill from Rep. David Camp, "Tax Reform Act of 2014" to amend the Internal Revenue Code of 1986 to provide for comprehensive tax reform. TITLE IIIBUSINESS TAX REFORM; all provisions of Section 3204 Low-Income Housing Tax Credit. [not introduced during reporting period.] S.2723 - Housing for Homeless Students Act of 2014. A bill to amend the Internal Revenue Code of 1986 to qualify homeless youth and veterans who are full-time students for purposes of the low income housing tax credit; all provisions. S.1217 - Housing Finance Reform and Taxpayer Protection Act of 2013: A bill to provide secondary mortgage market reform, and for other purposes; all provisions. H.R.2767 - Protecting American Taxpayers and Homeowners (PATH) Act of 2013: A bill to protect American taxpayers and homeowners by creating a sustainable housing finance system for the 21st century; all provisions. H.R. 5055 - Partnership to Strengthen Homeownership Act of 2014; A bill to reform the housing finance system of the United States, and for other purposes; all provisions. Adovacted for Section 8 and Rental Assistance Reform consistent with the April 13, 2012 House Financial Services Committee Discussion Draft Legislation, Affordable Housing and Self-Sufficiency Improvement Act of 2012: A bill to reform affordable housing programs and the provision of supportive services under the United States Housing Act of 1937; all provisions [not introduced during reporting period]. Offered preliminary policy recommendations that would achieve cost savings in the management & operation of federally assisted multifamily housing by: Eliminating Costs Unique to Affordable Housing; Performing Income Certifications Once for All Programs; Using Federal Tax Returns for Rent Calculations; Track, Enforce and Prevent Repeat Payment Agreements; Reduce the frequency of Management Occupancy Reviews (MORs); and examine the feasiblity of reducing or eliminating interim income recertifications. The White House Domestic Policy Council Rental Policy Working Groups "Federal Rental Alignment-Administrative Proposals, December 31, 2011; all provisions (to better align the operation of federal rental programs and policies across the Administration) with specific emphasis on the Physical Inspection Pilot Program (for mixed-financed properties). Federal Housing Finance Agency, "The 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac," May 13, 2014; all provisions which affect GSE's multifamily portfolios and operations during conservatorship. All policies, funding and administrative issues related to management, production & preservation of affordable multifamily housing subject to HUD, USDA-RHS, and Treasury-IRS regulations. HUD Final Rule, "The Housing and Economic Recovery Act of 2008 (HERA): Changes to the Section 8 Tenant-Based Voucher and Section 8 Project-Based Voucher Programs,"[Docket No. FR5242F02] June 25, 2014; all provisions. HUD Notice H 2012-5, "Guidelines on Addressing Infestations in HUD-insured and Assisted Multifamily Housing," April 23, 2012; all provisions.HUD Notice [Docket No. FR5720N01] "The Violence Against Women Reauthorization Act of 2013: Overview of Applicability to HUD Programs," August 6, 2013; all provisions. HUD's "Affirmative Fair Housing Marketing Plan (AFHMP)-Multifamily Housing" Form HUD-935.2A (12/2011); all provisions. Title 24 CFR Part 200, Subpart M-Affirmative Fair Housing Marketing Regulations; all provisions of this HUD regulation for Affirmative Fair Housing Marketing requirements in HUD's Federal Housing Administration (FHA) multifamily housing programs. Title 24 CFR Part 8, Subpart CProgram Accessibility; all provisions of this HUD regulation which require nondiscrimination based on Handicap in HUD's FHA multifamily assisted properties with emphasis on 8.22 New constructionhousing facilities, 8.23 Alterations of existing housing facilities, 8.32 Accessibility standards and 8.33 Housing adjustments. Title 24 CFR Part 100, Subpart D - Prohibition Against Discrimination Because of Handicap; all provisions of this HUD Regulation with emphasis on requirements for rental properties in 100.203 Reasonable modifications of existing premises, 100.204 Reasonable accommodations, and 100.205 Design and construction requirements. HUD Initiative "Transforming Multifamily for the 21st Century"; all provisions. HUD Report "Multifamily Housing Transformation," 2014; all provisions. HUD "Performance-Based Annual Contributions Contract, Project-Based Section 8 Contract Administration," February 24, 2012; all provisions. HUD [Docket No. FR-5600-N-33-C1] "HUDs Fiscal Year (FY) 2011 NOFA for the Performance-Based Contract Administrator (PBCA) Program Technical Correction," March 15, 2012; all provisions. HUD [Docket No. FR-5600-N-33] "HUDs Fiscal Year (FY) 2012 Notice of Funding Availability (NOFA) for the Performance-Based Contract Administrator (PBCA) Program for the Administration of Project-Based Section 8 Housing Assistance Payments Contracts," March 9, 2012; all provisions. HUD "Annual Contributions Contract Project-Based Section 8 Contract Administration, Second Amendment of Term, Incentive- Based Performance Standards Tasks, and Fees " October 17, 2012; all provisions. Urged amending to include Management & Occupancy Reviews (MORs) in PBCA tasks [not included]. HUD "Revised Section 8 Renewal Policy Guide for Public Comment," February 28, 2014; all provisions, especially Chapter 9, Section 9-23 Special Procedures When An RCS [Rent Comparability Study] Shows That A Projects Median Market Rent Exceeds 110 Percent Ofthe Median Gross Rent For The Projects Zip Code. HUD [Docket No. FR5413N02] "Section 8 Housing Choice Voucher ProgramDemonstration Project of Small Area Fair Market Rents in Certain Metropolitan Areas, Discussion of Comments, and Request for Participation," April 20, 2011; all provisions. HUD Notice of "Proposed Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program and Other Programs Fiscal Year 2015" [Docket No. FR5807N01]; August 15, 2014; all provisions. HUD Handbook 4350.1 REV-2, Multifamily Asset Management and Project Servicing; all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 11.1 Multifamily Emergency Disaster Assistance;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 12.9 Prepayment of Section 202 Loans" all provisions.Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Guide to Units, Chapters, Section Headings & Subheadings;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 3.7 Preventing Defaults and Assignments;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 12.10 Tax Credits and Subsidy Layering;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 3.4 Insurance and Loss Drafts;" all provisions. Re-write of HUD Handbook 4350.1 Multifamily Housing Asset Management & Servicing draft "Chapter 9.1 Transfers of Physical Assets;" all provisions. HUD Handbook 4350.3 REV-1: Occupancy Requirements of Subsidized Multifamily Housing Programs, November 2013; all provisions. HUD's Tenant Rental Assistance Certification System (TRACS) Release 2.0.2.(d); all provisions and policies concerning collection of repayment agreement information between tenants and assisted property owners. All policies related to HUD's: Real Estate Assesment Center scoring and procedures for HUD-assisted and/or FHA insured properties; 2530 previous participation certification policies and submission procedures; Management and Occupancy Review for owners and management agents, "Workload Sharing" pilot programs, "Sustaining our Investments" Initiative and service coordinator program. IRS Notice 2014-18, "Public Comment Invited on Recommendations for 2014-2015 Priority Guidance Plan," [Docket ID: IRS-2014-0011], March 21, 2014; all provisions. [Urged action on the Utility Allowances Submetering Proposed Rule and Casualty Loss Policies.] IRS [RIN 1545-B191] Proposed Rule "Utility Allowances Submetering," August 7, 2012; all provisions. USDA-RHS Unnumbered Letter "Underwriting Guidance for Transfer and [Multi-Family Housing Preservation & Revitalization]MPR Multi-Family Housing Transactions," September 30, 2013; all provisions. USDA-Rural Development Procedure Notice 472, September 29, 2014; all provisions of INSERT RD HB-2-3560 MFH ASSET MANAGEMENT HANDBOOK Chapter 3 Attachment 3-F (RD Handbook Changes, Revision to HB-2-3650 Attachment 3-F to reflect increases in Fiscal Year 2015 Management Fees). USDA- Rural Development Administrative Notice RD AN No. 4747 (1944-N) "Implementation of 42 U.S.C. 14043e-11 of the Violence Against Women Reauthorization Act in Rural Developments Multi-Family Housing Programs," February 10, 2014; all provisions. Advocated for policies to address ongoing occupancy issues, including prolonged vacancies, in properties that participate in USDA-RHS's Multifamily Housing programs. Advocated for policies to address improper payments in USDA-RHS's Section 521 Rural Rental Assistance program, including access to HUD's Enterprise Income Verification system. All policies related to USDA Rural Development's Improper Payments Information Act (IPIA) audit for the Rental Assistance Program, Multi-Family Integrated System and its findings reviews, and rural housing preservation.

Policy issues relating to housing finance and real estate investment trusts to include S. 1217, H.R. 2767, H.R. 5055, the Housing Opportunities Move the Economy Forward Act of 2014, and the proposed rule on the Federal Home Loan Bank System eligibility requirements.

Client expense: Not reported · Firm income: $40,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Policy issues relating to housing finance and real estate investment trusts to include S. 1217, H.R. 2767, H.R. 5055, the Housing Opportunities Move the Economy Forward Act of 2014, and the proposed rule on the Federal Home Loan Bank System eligibility requirements.

Client expense: Not reported · Firm income: $40,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Policy issues pertaining to mortgage insurance, government-sponsored entities, the housing finance market, including H.R. 1145, S. 1217, S. 688, S. 1376, H.R. 2767, H.R. 5055.

Client expense: Not reported · Firm income: $320,000

Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of

Policy issues pertaining to mortgage insurance, government-sponsored entities, the housing finance market, including H.R. 1145, S. 1217, S. 688, S. 1376, H.R. 2767, H.R. 5055.

Client expense: Not reported · Firm income: $320,000

Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of

Policy issues pertaining to mortgage insurance, government-sponsored entities, the housing finance market,including H.R. 1145, S. 1217, S. 688, S. 1376, H.R. 2767, H.R. 5055.

Client expense: Not reported · Firm income: $320,000

Government targets: HOUSE OF REPRESENTATIVES, Natl Economic Council (NEC), SENATE, Treasury, Dept of

H.R. 189 (Transparency and Security in Mortgage Registration Act of 2013); H.R. 2767 (Protecting American Taxpayers and Homeowners Act of 2013); H.R. 4387 (FSOC Transparency and Accountability Act);H.R. 4881 (To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations); H.R. 5055 (To reform the housing finance system of the United States, and for other purposes); S. 563 (Jumpstart GSE Reform Act); S. 1217 (Housing Finance Reform and Taxpayer Protection Act of 2013); Dodd-Frank Wall Street Reform and Consumer Protection Act Implementation; Housing Affordability and Stability Plan; Housing finance issues (General); Servicing compensation; Credit Rating Agency Reform; Government Sponsored Enterprise (GSE) Reform; Strategic plan for conservatorships of the GSEs; Eminent Domain; Equity market structure issues; Capital standards; Ginnie Mae securitization programs; The Volcker Rule implementation; The Volcker Rule collaterized loan obligations (CLO) issue; Johnson-Crapo Housing Finance Reform Bill; Delaney-Carney-Himes Housing Finance Reform Bill.

Client expense: $2,130,000 · Firm income: Not reported

H.R. 189 (Transparency and Security in Mortgage Registration Act of 2013); H.R. 2767 (Protecting American Taxpayers and Homeowners Act of 2013); H.R. 4387 (FSOC Transparency and Accountability Act);H.R. 4881 (To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations); H.R. 5055 (To reform the housing finance system of the United States, and for other purposes); S. 563 (Jumpstart GSE Reform Act); S. 1217 (Housing Finance Reform and Taxpayer Protection Act of 2013); Dodd-Frank Wall Street Reform and Consumer Protection Act Implementation; Housing Affordability and Stability Plan; Housing finance issues (General); Servicing compensation; Credit Rating Agency Reform; Government Sponsored Enterprise (GSE) Reform; Strategic plan for conservatorships of the GSEs; Eminent Domain; Equity market structure issues; Capital standards; Ginnie Mae securitization programs; The Volcker Rule implementation; The Volcker Rule collaterized loan obligations (CLO) issue; Johnson-Crapo Housing Finance Reform Bill; Delaney-Carney-Himes Housing Finance Reform Bill.

Client expense: $2,080,000 · Firm income: Not reported

Improvement of Short Sales Process HR839 - Prompt Decision for Qualification for Short Sales Act S361 - Prompt Notification of Short Sales ActGSE Modifications HR736 - Responsible Homeowner Refinancing Act of 2013 HR1712 - Housing Opportunity and Mortgage Equity Act of 2013 HR2767 - The Protecting American Taxpayers and Homeowners Act of 2013 HR3550 - The New Fair Deal Banking and Housing Stability Act of 2013 S249 - Responsible Homeowner Refinancing Act of 2013 S536 - Jumpstart GSE Reform S1217 - Housing Finance and Taxpayer Protection Act of 2013 HR5055 - Partnership to Strengthen Homeownership Act of 2014 Basel III Capital Standards HR1693 - A bill to provide an exemption for community banks from the application of Basel III capital standards S737 - Basel III Impact Study Act Commercial Real Estate Refinancing HR1240 - A bill to extend the low-interest refinancing provisions under the Local Development Business Loan Program of the Small Business Administration S289 - Commercial Real Estate and Economic Development Act of 2013 S968 - Small Business Lending Enhancement Act of 2013 Fees and Points in the QM ATR Rules of Dodd-Frank HR3211 - Mortgage Choice Act of 2013 S949 - Consumer Mortgage Choice Act S1577 - Mortgage Choice Act of 2013 Credit Union Lending HR688 - A bill to amend the Federal Credit Union Act to provide certain credit unions with the authority to make additional member business loans, and for other purposes Conversations with the Treasury Department about Qualified Residential Mortgages (QRM), GSE reform, and housing finance. Discussions with the Department of Housing and Urban Development (HUD) on loan limits, Qualified Residential Mortgages (QRM), the FHA, and mortgage insurance premiums. Conversations with the Consumer Finance Protection Board (CFPB) on Qualified Mortgages (QM), the Real Estate Settlement Procedures Act (RESPA), and the Truth In Lending Act (TILA). Conversations with the Federal Housing Finance Agency (FHFA) about loan limits and housing financing. Discussions with the Federal Deposit Insurance Corporation (FDIC) about Qualified Residential Mortgages (QRM). Discussions with the Office of the Comptroller of the Currency (OCC) about Qualified Residential Mortgages (QRM). Discussions with the Securities and Exchange Commission about Qualified Residential Mortgages (QRM). Conversations with the White House National Economic Council regarding housing finance. Discussions with the Small Business Administration (SBA) Office of Advocacy regarding crowdfunding.

Policy issues pertaining to mortgage insurance, government-sponsored entities, the housing finance market, Federal Housing Administration reform, including H.R. 1145, S. 1217, S. 688, S. 1376, H.R. 2767, H.R. 5055.

Client expense: Not reported · Firm income: $300,000

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, SENATE

Policy issues pertaining to mortgage insurance, government-sponsored entities, the housing finance market, Federal Housing Administration reform, including H.R. 1145, S. 1217, S. 688, S. 1376, H.R. 2767, H.R. 5055.

Client expense: Not reported · Firm income: $300,000

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, SENATE

Policy issues pertaining to mortgage insurance, government-sponsored entities, the housing finance market, Federal Housing Administration reform, including H.R. 1145, S. 1217, S. 688, S. 1376, H.R. 2767, H.R. 5055.

Client expense: Not reported · Firm income: $300,000

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, SENATE

H.R. 2767, Protecting American Taxpayers and Homeowners Act of 2013; S. 1217, Housing Finance Reform and Taxpayer Protection Act of 2013: policy issues relating to housing finance and real estate investment trusts. H.R. 5055, Partnership to Strengthen Homeownership Act of 2014: housing finance.

Client expense: Not reported · Firm income: $60,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE