Expanding American Homeownership Act of 2006

S. 190. "The Federal Housing Enterprise Regulatory Reform Act of 2005." - A bill to address the regulation of secondary mortgagemarket government-sponsored enterprises. (All provisions). H.R. 1295: "Responsible Lending Act." A bill to protect consumers against unfair and deceptive practices in connection with higher cost mortgage transactions. (Provisions relating to uniform lending standards, civil remedies available to consumers, licensing and minimum standards for mortgage brokers, and other provisions). H.R. 4100: "The Louisiana Recovery Corporation Act." A bill to establish the Louisiana Recovery Corporation to redevelop areas within Louisiana that were devastated or significantly distressed by Hurricane Katrina or Hurricane Rita. (Provisions affecting existing mortgages on damaged homes). H.R. 4471: "Fair and Responsible Lending Act." A bill to amend the Home Ownership and Equity Protection Act of 1994 and other sections of the Truth in Lending Act. (Provisions relating to prohibited practices, limitations, and penalties relating to high-cost home loans). H.R. 4973: "Flood Insurance Reform and Modernization Act of 2006." A bill reforming the federal flood insurance program. (Provisions affecting availability of flood insurance in hurricane-damaged areas). H.R. 5039: "Saving America's Rural Housing Act of 2006." A bill to establish a program to revitalize rural multifamily housing assistance under the Housing Act of 1949. (Provisions affecting the multifamily housing finance). H.R. 5121: "Expanding American Homeownership Act of 2006." A bill to modernize the Federal Housing Administration (FHA) and providing authority to FHA to use risk-based pricing to reach underserved borrowers, and for other purposes. (Provisions increasing FHA loan limits and making further changes to FHA). H.R. 5637: "Nonadmitted and Reinsurance Reform Act of 2006." To streamline the regulation of nonadmitted insurance and reinsurance and for other purposes. (All provisions). S. 2169: "Financial Data Protection Act of 2005." A bill to amend the Fair Credit Reporting Act to provide for secure financial data, and for other purposes. (Provisions relating to privacy and disclosure requirements for financial institutions). S. 3173: A bill to modernize the Federal Housing Administration (FHA) to meet the housing needs of the American people. (Provisions increasing FHA loan limits and making further changes to FHA). S. 3535: "Expanding American Homeownership Act of 2006." A bill to modernize the Federal Housing Administration (FHA) and providing authority to FHA to use risk-based pricing to reach underserved borrowers, and for other purposes. (Provisions increasing FHA loan limits and making further changes to FHA). H.R. 1461: "The Federal Housing Finance Reform Act of 2005" - A bill to reform the regulation of certain housing-related government-sponsored enterprises. (All provisions).

Client expense: $4,880,000 · Firm income: Not reported

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

HR 1416, HR 2387, HR 1641, HR 1657, HR 913, HR 3505, HR 2061, HR 3997, HR 4127, S 190, S 256, HR 2856, HR 5024, S 2824, HR 5405, HR 5121, S 3535

Client expense: $1,800,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC)

* H.R.5576, "Department of Transportation, Treasury, Housing and Urban Development, the Judiciary and District of Columbia Appropriations Act, 2007" - Sections on HUD Section 4Capacity Building program, CDBG, HOME, HOPE VI, Section 8, Supportive Housing and CDFI Fund H.R. 5631, "Making appropriations for the Department of Defense for the fiscal year ending September 30, 2007, and for other purposes" .Division B, continuing appropriations through 11/17/2006 for Transportation-Treasury-HUD-Judiciary H.J.Res.100,"Making further continuing appropriations for the fiscal year 2007, and for other purposes" .Entire bill H.J.Res.102, "Making further continuing appropriations for the fiscal year 2007, and for other purposes" .Entire bill H.R. 1461, "Federal Housing Reform Act of 2005;" S. 190, "Federal Housing Enterprise Regulatory Reform Act of 2005" .Entire bill H.R. 1471, S. 709, "Services for Ending Long-Term Homelessness Act" .Entire bill H.R. 1549, "Renewing the Dream Tax Credit Act;" S. 859, "Community Development Homeownership Tax Credit Act" .Entire bill H.R. 5121, S. 3535, "Expanding American Homeownership Act of 2006" .Entire bill S. 1513, "HOPE VI Reauthorization and Improvement Act of 2005" .Entire bill H.R. 1999, S. 771, "State and Local Housing Flexibility Act of 2005" .Entire bill H.R. 4609, "High Performance Buildings Act of 2005" .Entire bill H.R. 5647, S. 3708, "Department of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2007" .Section on Substance Abuse and Mental Health Services Administration, permanent supportive housing provision. .Entire bill

Client expense: $400,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), President of the U.S., SENATE, Treasury, Dept of

17a. Federal Reserve Board 17a. Federal Trade Commission 17a. General Accounting Office 17a. Office of Management and Budget 17a. Office of the Comptroller of the Currency 17a. Office of the Vice President 17a. Office of Thrift Supervision 17a. Securities & Exchange Commission 17a. Office of Federal Housing Enterprise Oversight H.R. 1461, Federal Housing Finance Reform Act of 2005, issues related to secondary market S. 190, Federal Housing Enterprise Regulatory Reform Act of 2005, issues related to the secondary market H.R. 3997--Financial Data Protection Act of 2005, issues related to data security H.R. 4127 -- Data Accountability and Trust Act, issues related to data security S. 1326--Notification of Risk to Personal Data Act, issues related to data security S. 1408-Identity Theft Protection Act , issues related to data security S. 1789-Personal Data Privacy and Security Act of 2005, issues related to data security H.R. 4100-Louisiana Recovery Corporation Act, issues related to mortgage lending P.L. 109-73-Katrina Emergency Tax Act of 2005, issues related to disaster relief P.L. 109-106-National Flood Insurance Program Further Enhanced Borrowing Authority Act of 2005, issues related to the National Flood Insurance Program H.R. 4266-National Flood Insurance Program Commitment to Policyholders and Reform Act of 2005, issues related to the National Flood Insurance Program H.R. 4266-Housing Opportunities and Mitigating Emergencies Act of 2005, issues related to the National Flood Insurance Program H.R. 3922-Hurricanes Katrina and Rita Flood Insurance Buy-In Act of 2005, issues related to the National Flood Insurance Program H.R. 4320-National Flood Insurance Program Commitment to Policyholders and Reform Act of 2005, issues related to the National Flood Insurance Program H.R. 4973-Flood Insurance Reform and Modernization Act of 2006, issues related to flood insurance S. 1936-Hurricanes Katrina and Rita Flood Insurance Buy-In Act of 2005, issues related to flood insurance S. 3589-Flood Insurance Reform and Modernization Act of 2006, issues related to flood insurance S. 2172-Louisiana Recovery Corporation, issues related to disaster relief. H.R. 5121-Expanding American Homeownership Act of 2006, issues related to mortgage lending. S.3535-Expanding American Homeownership Act of 2006, issues related to mortgage lending. Issues related to HUD's proposed RESPA rule, mortgage-backed securities, Truth in Lending Act, mortgage reform, mortgage broker compensation, subprime lending, privacy, secondary mortgage market, issues related to the Home Mortgage Disclosure Act ("HMDA") regulation, USA Patriot Act regulations, Fair Labor Standards Act, FCC's Do Not Fax registry implementation, provisions relating to notices and disclosures to be given to mortgage borrowers, pending legislation to create a new regulator for housing GSEs, HUD's proposed rule to establish new affordable housing guidelines for Fannie Mae and Freddie Mac, OFHEO's Strategic Plan, the FTC's and Federal Reserve Board's implementation of the FACT Act, issues related to House- and Senate-introduced legislation relating to the preemptive authority of the Office of the Comptroller of the Currency. H.R. 1182, Prohibit Predatory Lending Act, issues related to predatory lending H.R. 1295, Responsible Lending Act- Mortgage Lending Improvements and Uniform National Standard Act, issues related to predatory lending

Client expense: Not reported · Firm income: $900,000

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of

H.R. 5121 - Expanding American Homeownership Act of 2006 S. 2597 - Federal Housing Fairness Act of 2006 H.R. 6111 - Tax Relief and Health Care Act of 2006 S 3173 - 21st Century Housing Act S. 3535 - Expanding American Homeownership Act of 2006 H. R. 5970 - Amend Internal Revenue Code of 1986 ("Tax Extender" or "Trifecta" package) H.R. 4 - Pension Protection Act of 2006 H.R. 4297 - Tax Increase Prevention and Reconciliation Act of 2005 S. 2020 - Tax Relief Act of 2005 S. 132 - Mortgage Insurance Fairness Act H.R. 3098 - Mortgage Insurance Fairness Act of 2005

Client expense: $3,080,000 · Firm income: Not reported

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

Federal Housing Administration Reform: H.R. 5121, S. 3535

Client expense: $1,020,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR3669, HR4133, Flood Insurance FHA Modernization HR5121, S3535 HR1295 Ney Kanjorski Predatory Lending Legislation HR1182 Miller Watt Predatory Lending Legislation S.190 Legislation improving regulation of Fannie Mae & Freddie Mac HR1461 - GSE Reform

Client expense: $840,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Federal Communications Commission (FCC), Federal Highway Administration (FHA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of

HR 5121 - Expanding American Home Ownership Act of 2006 S 3535 - FHA Modernization Act of 2006 HR 5503 - FHA Multifamily Loan Limit Adjustment Act

Client expense: $1,720,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Expanding American Homeownership Act of 2006; S. 3173, 21st Century Housing Act; S. 2597, Federal Housing Fairness Act of 2006 H.R. 1461, Federal Housing Reform Act of 2005; S. 190, Federal Housing Enterprise Regulatory Reform Act of 2005; H.R. 5576, Appropriations for Transportation, Treasury and HUD, the Judiciary, District of Columbia for FY 2007; S. 3535 and H.R. 5121,

Client expense: Not reported · Firm income: $480,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5039 (Saving America's Rural Housing Act of 2006) - All provisions related to Multifamily housing. S. 3616 (Affordable Housing Preservation Act of 2006) - All provisions related to Multifamily housing. H.R. 5121 / S. 3535 (Expanding American Homeownership Act of 2006) - All provisions related to housing. H.R. 5503 (FHA Loan Modernization Act of 2006) - All provisions related to Multifamily loans and housing.

Client expense: $4,620,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 5503 - FHA Multifamily Loan Limit Adjustment Act of 2006 amends the National Housing Act to increase high-cost area and project-based additional mortgage loan limits for Federal Housing Administration (FHA)-insured mortgages for: (1) rental housing; (2) cooperative housing; (3) rehabilitation and neighborhood conservation housing insurance; (4) moderate income and displaced family housing; (5) housing for the elderly; and (6) condominiums. S. 1710 - Reverse Mortgages to Help America's Seniors Act would amend section 255 of the National Housing Act to remove the limitation on the number of reverse mortgages that may be insured under the FHA mortgage insurance program for such mortgages. S. 2597 - Federal Housing Fairness Act of 2006 would raise the FHA loan limits nationwide to the lesser of the conforming loan limit, or the median single-family home price in the area. Comment Letter on Competition in Real Estate - Comment letter was sent to the Chairman Ney and the House Financial Services Committee concerning hearings on "The Changing Real Estate Market" and competition in the industry. C.A.R. expressed their concerns over any attempts at further and burdensome federal regulations beyond the successful ones already in place. Additionally, we disputed the claim that there is a lack of competition in the real estate industry. H.R. 378 - Homeowners' Emergency Mortgage Assistance Act directs the Secretary of Housing and Urban Development to establish a mortgage emergency assistance program for qualifying homeowners with National Housing Act-insured mortgages who are temporarily unable to meet their obligations due to financial hardship beyond their control. H.R. 1461/S. 190 - Federal Housing Finance Reform Act of 2005 would amend the Housing and Community Development Act of 1992 to establish the Federal Housing Finance Agency, which shall have supervisory and regulatory authority over Fannie Mae, Freddie Mac, the Federal Home Loan Banks, and the Federal Home Loan Bank Finance Corporation and the Housing Finance Oversight Board. Sets forth provisions respecting: capital levels, classifications, and undercapitalized entities, loan levels, housing goals, and enforcement and compliance. Also amends the Federal Home Loan Bank Act to increase total asset requirements for community financial institution members. Additionally, in the House, amendments (Garrett Amendment) were discussed concerning increasing the FHA conforming loan limits. H.R. 1999/S. 771 - State and Local Housing Flexibility Act of 2005 - Flexible Voucher Act of 2005 - Authorizes the Secretary of Housing and Urban Development (HUD) to make grants to public housing agencies to provide tenant-based and project-based rental assistance, and tenant-based first-time homeownership assistance to low-income individuals. (This program replaces the housing choice voucher program.) Sets forth program provisions. H.R. 3043 - Zero Downpayment Pilot Program Act of 2005 - Amends the National Housing Act to authorize the Secretary of Housing and Urban Development to insure first-time homeowner zero-downpayment mortgages for one-family residences, including one- to three-unit dwellings, condominiums, cooperatives, and manufactured housing. H.R. 5121/S. 3535- Expanding American Homeownership Act will allow for the increase in FHA insurable limits from 95% of an area’s median home price with a ceiling of 87% of the conforming loan limit to 100% of an area’s median home price capped at 100% of the conforming loan limit, allow condos to be insured in the same manner as single-family homes, allow for the coverage of zero-down loans, allow for the FHA to insure 40-year mortgages, includes a provision intended to make it easier for homebuyers who are eligible for HECM (also known as a reverse mortgage) to gain access to the equity in their home, and allow the FHA to set its insurance premiums by risk. H.R. 176 - FHA Single Family Loan Limit Adjustment Act of 2005 amends the National Housing Act to increase Federal Housing Administration (FHA) single family mortgage limits.

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

Government targets: Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, Veterans Affairs, Dept of (VA)