Federal Housing Enterprise Regulatory Reform Act of 2007

Legislation and oversight issues affecting housing, Government Sponsored Enterprises and, in particular, structure, operations and supervision of Federal Home Loan Banks. GSE legislation is H.R. 1427, S. 1100, and H.R. 3221; FHA reform is H.R. 1852 and S. 2338; foreclosure prevention is S. 2636; FHA mortgage refinancing is H.R. 5830; mortgage bankruptcy is H.R. 3609 and S. 2136; and subprime mortgage regulation is H.R. 3915 and S. 2452.

Client expense: Not reported · Firm income: $110,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Government Sponsored Enterprises-Regulatory Authority (H.R. 1427) Data Security (H.R. 1685-S. 1260) Regulatory Relief (H.R. 1550) Mortgage Reform and Anti-Predatory Lending (H.R. 3915) Federal Deposit Insurance Reform (H.R. 3012, H.R. 1427; S. 1100, S. 1386) Mortgage Refinancing (H.R. 5830) Foreclosures (H.R. 5818; S. 2734) Mortgage Restructuring (H.R. 5579) Housing and Economic Recovery Act of 2008 (H.R. 3221)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Oversight of SEC concerning regulation of broker dealers and hedge funds, and legislation affecting secondary mortgage market including FHA reform (H.R. 1852 and S. 2338); FHA mortgage refinancing (H.R. 5830); mortgage bankruptcy (S. 2136 and H.R. 3609); GSE reform (S. 1100 and H.R. 1427); and mortgage regulatory reform (H.R. 3915 and S. 2452).

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HUD Proposal to reform RESPA Regulation, provisions related to average cost pricing, volume discounts, GFE and HUD-1 Forms; H.R. 1427, Federal Housing Finance Reform Act of 2007, provisions related to mission and product approval; S. 1100, Federal Housing Enterprise Regulatory Reform Act of 2007, provisions related to mission and product approval; H.R. 3221, American Housing Rescue and Foreclosure Prevention Act of 2008, provisions related to funding for continued mortgage availability.

Client expense: $30,000 · Firm income: Not reported

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

GSE Reform, H.R. 1427; Federal Housing Finance Reform Act of 2007; S. 1100, Federal Housing Finance Reform Act; H.R. 7334, TARP Accountability Act of 2008; S. 3683, A bill to amend the Emergency Economic Stablization Act (EESA); S. 3731, Special Inspector General for the TARP Act 0f 2008;

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, White House Office

H.R. 1427, Federal Housing Finance Reform Act of 2007 H.R. 3777, Protecting Access To Safe Mortgages Act S. 1100, Federal Housing Enterprise Reform Act of 2007 H.R. 3221, Housing and Economic Recovery Act of 2008 S. 2036, Protecting Access To Safe Mortgages Act S. 2169, Financial Data Protection Act S. 2391, Government Sponsored Enterprise Mission Improvement Act

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

GSE Reform, H.R. 1427; Federal Housing Finance Reform Act of 2007; S. 1100, Federal Housing Finance Reform Act; H.R. 7334, TARP Accountability Act of 2008; S. 3683, A bill to amend the Emergency Economic Stablization Act (EESA); S. 3731, Special Inspector General for the TARP Act 0f 2008;

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, White House Office

GSE Reform, H.R. 1427; Federal Housing Finance Reform Act of 2007; S. 1100, Federal Housing Finance Reform Act; H.R. 7334, TARP Accountability Act of 2008; S. 3683, A bill to amend the Emergency Economic Stablization Act (EESA); S. 3731, Special Inspector General for the TARP Act 0f 2008;

Client expense: Not reported · Firm income: $80,000

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of, White House Office

Credit card, interchanges fees and practices S. 1395, the Stop Unfair Practices in Credit Cards Act of 2007 GSE Reform H.R. 1427, Federal Housing Finance Reform Act of 2007 Govt Purchase Card, S.680, Accountability in Government Contracting Act of 2007 H.R. 946, Consumer Overdraft Protection Fair Practices Act H.R. 5244, The Credit Cardholders Bill of Rights H.R.5546, Credit Card Fair Fee Act of 2008 H.R. 323 the Seasoned Customer Exemption Act S.Credit Card Fair Fee Act H.R 5767, Payment System Protection Act of 2008 S. 3252, Credit Card Accountability Responsibility and Disclosure Act of 2008 S. 1100, Federal Housing Enterprise Regulatory Reform Act of 2007 S. 1561, with respect to exceptions to discharge in bankruptcy for certain qualified educational loans S. 1642, the Higher Education Amendments of 2007 H.R. 5280, Stop Unfair Practices in Credit Cards Act of 2008 H.R. 7334, TARP Accountability Act of 2008 S. 3683, A bill to amend the Emergency Economic Stablization Act (EESA) S. 3731, Special Inspector General for the TARP Act 0f 2008;

Client expense: $1,600,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Council of Economic Advisers (CEA), Environmental Protection Agency (EPA), Farm Credit Administration, Federal Accounting Standards Advisory Board (FASAB), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Natl Economic Council (NEC), Office of Management & Budget (OMB), Office of Personnel Management (OPM), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Trade Representative (USTR), White House Office

S. 1100, the Federal Housing Finance Reform Act of 2007 (all provisions) S. 2338, the FHA Modernization Act of 2007 (all provisions) H.R. 964, the Spy Act (analysis) H.R. 1427, the Federal Housing Finance Reform Act of 2007 (all provisions) H.R. 1852, the Expanding American Homeownership Act of 2007 (all provisions)

Client expense: $1,930,000 · Firm income: Not reported

Government targets: Defense, Dept of (DOD), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Social Security Administration (SSA), Treasury, Dept of, White House Office

Basel Federal Deposit Insurance Reform (H.R. 1427; S. 1100, S. 1386) Financial Literacy (H.R. 2840, H.R. 3133, H.R. 531; S. 556) GSEs - Regulatory Authority (H.R. 1427) Internet gambling (H.R. 2607, H.R. 2046) Data security (S. 1260; H.R. 1685) Pension reform (H.R. 2988; S. 1254) Phishing (H.R. 1525, H.R. 964; S. 2661) Privacy (S. 495, S. 1401, S. 717; H.R. 1967, H.R. 1117) Regulatory relief (H.R. 1550) Social security numbers protection (S. 1208, H.R. 2455, H.R. 3046, H.R. 2291) Terrorism Risk Insurance Act Identity theft (S. 1178; S. 806) Mortgage refinancing (H.R. 5830) Foreclosures (H.R. 5818; S. 2734) Mortgage restructuring (H.R. 5579) Credit cards (H.R. 5244, H.R. 5280; S. 2542) Housing and Economic Recovery Act 2008 (S. 1395) Emergency Economic Stabilization Act of 2008 (H.R. 1424)

Client expense: Not reported · Firm income: $80,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Government Sponsored Enterprises-Regulatory Authority (H.R. 1427) Data Security (H.R. 1685; S. 1260) Regulatory Relief (H.R. 1550) Mortgage Reform and Anti-Predatory Lending (H.R. 3915) Federal Deposit Insurance Reform (H.R. 1427; S. 1100, S. 1386) Mortgage Refinancing (H.R. 5830) Foreclosures (H.R. 5818; S. 2734) Mortgage Restructuring (H.R. 5579) Housing and Economic Recovery Act of 2008 Emergency Economic Stabilization Act of 2008 (H.R. 1424)

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HUD Proposal to reform RESPA Regulation, provisions related to average cost pricing, volume discounts, GFE and HUD-1 Forms; H.R. 1427, Federal Housing Finance Reform Act of 2007, provisions related to mission and product approval; S. 1100, Federal Housing Enterprise Regulatory Reform Act of 2007, provisions related to mission and product approval; H.R. 3221, American Housing Rescue and Foreclosure Prevention Act of 2008, provisions related to funding for continued mortgage availability.

Client expense: $30,000 · Firm income: Not reported

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

H.R. 1685 (Data Security Act of 2007) (Protect Information Relating to Consumers to Require Notice of Security Breaches); S. 1260 (Data Security Act); H.R. 958 (Data Accountability and Trust Act); S. 1202 (Personal Data Act of 2007); S. 239 (Notification of Risk to Personal Data Act of 2007); S. 495 (Personal Privacy Data and Security Act); S. 1178 (Identity Theft Prevention Act); H.R. 948 (Social Security Number Protection Act); H.R. 3915 (Mortgage Reform and Anti-Predatory Lending Act); S. 2452 (Homeownership Preservation Act); S. 1299 (Borrower's Protection Act of 2007) (Subprime Lending); S. 1208 (Social Security Account Number Protection Act); H.R. 3837 (Escrow, Appraisal and Mortgage Servicing Improvements Act); H.R. 3012 (Fair Mortgage Practices Act); S. 1926 (National Infrastructure Bank Act); H.R. 4178 (Emergency Mortgage Loan Modification Act); H.R. 5579 (Emergency Loan Modification Act of 2008); Servicer safe harbor for debt restructuring of residential mortgages; S. 2338 (FHA Modernization Act)/ H.R. 1852 (Expanding American Homeownership Act) : (FHA Reform); H.R. 1427 (Federal Housing Finance Reform)/ S. 1100 (Federal Housing Enterprise Regulatory Reform Act): (GSE Reform); H.R. 3648 (Mortgage Forgiveness Debt Relief Act of 2007 with Senate Amendment); S. 2517 (To amend the Internal Revenue Code of 1986 to provide that the proceeds of qualified mortgage bonds may be used to provide refinancing for subprime loans) (Mortgage revenue bonds); S. 1356 (Industiral Bank Holding Company Act); H.R. 698 (Industrial Bank Holding Company Act); S. 238 (Social Security Number Misuse Prevention Act); H.R. 5140 (Economic Stimulus Act of 2008, with Senate Amendment) (Economic Stimulus/MRBs/FHA & GSE Loan Limits); S. 2737 (Security Against Foreclosures and Education Act - "Safe Act"); S. 1691 (Social Security Number Online Protection Act); S. 2168 (Identity Theft Enforcement and Restitution Bill); H.R. 3046 (Social Security Number and Identity Theft Prevention Act); Federal Family Education Loan Program/Private Student Lending Secondary Market Issues; H.R. 2091(To amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds) (Federal Home Loan Bank bonds to tax exempt); S. 1963 (To amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the Federal home loan banks to be treated as tax exempt bonds); Expanded FHA lending; H.R. 5679 (Foreclosure Prevention and Sound Mortgage Security Act); H.R. 3221 (Foreclosure Prevention Act) (GSE loan limits/FHA modernization and expansion/servicer safe harbor); H.R. 5723 (Emergency Student Loan Market Liquidity Act); S. 2847 (Emergency Student Loan Market Liquidity Act); H.R. 5715:PL 110-227 (To ensure continued availability of access to the Federal student loan program for students and families); S. 2815 (Strengthening Student Aid for All Act); H.R. 6659 (The Equal Treatment of Covered Bonds Act); EU Capital Requirements Directive; Federal Reserve Board Proposed Rule Reg AA (credit card practices).

Client expense: $1,320,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Education, Dept of, Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

FDIC ILC Moratorium: H.R. 698/S. 1356 -Industrial Bank Holding Company Act of 2007 Credit Union Reform: H.R. 1537- Credit Union Regulatory Improvements Act of 2007 GSE Reform: S. 2169 - Promoting Refinancing Opportunities for Mortgages Impacted by the Subprime Emergency (PROMISE) Act of 2007 S. 2346 - Promoting Refinancing Opportunities for Mortgages Impacted by the Subprime Emergency (PROMISE) Act of 2007 S. 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 H.R. 5958 -- Homeowner Opportunity Act of 2008 (Provisions Relating to Extension of increased GSE Loan Limits)

Client expense: $6,520,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Land Management (BLM), Environmental Protection Agency (EPA), Farm Credit Administration, Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), Treasury, Dept of, U.S. Agency for International Development (USAID), Veterans Affairs, Dept of (VA), White House Office

Legislation: MMDA Sweep Account and legislation to repeal the prohibition on the payment of interest on deposits (H.R.41); Real estate brokerage and management (H.R.111, S.413); CTR reports for seasoned customers (H.R.323); College Student Relief Act of 2007 (H.R.5); Tax provisions of minimum wage bill (H.R.6,H.Res.261,H.Res.332,H.R.1591,H.R.2206,S.965); credit card fees and services legislation; Small Business Tax Relief Act (H.R.976); Credit Union Regulatory Improvement Act (H.R.1537,H.R.5519);.... Terrorism Risk Insurance Act extension (H.R.2761, H.R.4299, S.2285); CFIUS Reform (H.R.556); Community Development Investments (H.R.1066); Privacy (H.R.498, H.R.958, S.495, S.806, S.1178, S.1260); Executive Compensation (H.R.1257); PATRIOT Act (H.R.1314); SBA Disaster Loans (S.163, H.R.1361); GSE regulation (H.R.1427, S.1100); ILC holding company legislation (H.R.698, S.1356); Flood Insurance Reform (H.R.1682, H.R.3121, S.1890, H.R.3959); Catastrophe Savings Accounts (H.R.1787, S.927); Borrowers Protection Act (S.1299); Student Loan Legislation (S.486, S.511, S.1642, S.1762, H.R.890, H.R. 2669); SBA Reform (S.1256, H.R.1332); Treasury Department Appropriations (H.R.2829); Interstate Taxation (S.1726, H.R.5267); Sarbanes-Oxley Reform Legislation (H.R.1508); Regulatory Burden Relief (H.R.1869, H.R.6312, H.R.5841); FHA Reform (H.R.1852); The Farm Bill (H.R.2419, H.R.4193), FHA Reform bills (H.R.1852, S.2338); Mortgage Debt Tax Forgiveness (H.R.3648); AMT Reform (H.R.3996); "Do Not Call" List amendments (H.R.2601, H.R.3541); Bankruptcy Reform (H.R.3609, S.2136); Sub.Prime Loan Regulation (H.R.3915, S.2452); Unfair and Deceptive Acts or Practices Authority (H.R.3526); Identity Theft Legislation (S.2168); Appraisal and Escrow Legislation (H.R.3837); Rural Housing Bill (H.R.3873); Section 8 programs (H.R.3965); Dollar coin bill (H.R.3703); Tax Legislation (H.R.3970, H.R.3056, H.R.6275, H.R.6049, H.R.2886, H.R.5719, H.R.5720); SBA Lending (H.R.3866); Housing bills (H.R.2895); Overdraft Protection Bill (H.R.946); FHA Loan Size (H.R.1852); Lobbying Reform (S.1); Economic Stimulus (H.R.5140, S.2636, H.R.3221); Credit Card Practices (H.R.5244); Bankruptcy (S. 2636, H.R.3609, H.R.4044, S.2136); Foreclosure Legislation (H.R.3221, H.R.5830, H.R.5818, H.R.5579); Interchange Fee Controls (H.R.5546, S.3086); Student Loan Legislation (H.R. 5715, S. 2815); Internet Gambling Legislation (H.R.5767); Retirement Account Fee Disclosure (H.R.3185); Arbitration Clause Restrictions (H.R.3010; H.R.5312); Money Services Business Regulation (H.R.4049); Emergency Economic Stabilization Act (H.R.1424); Military Bankruptcy (S.3197); Pension Fund Reform (H.R.7327). Regulation: Community Reinvestment Act regulations; Subprime Mortgage Lending; SEC and PCAOB Sarbanes-Oxley regulations and guidance; Regulatory Burden Relief Regulations; Deposit Insurance Regulations; SBA Regulations; Federal Reserve Board's Regulation Z (Truth-in-Lending); Fed-SEC Regulation R; Garnishment of Exempt Funds regulation; FACT Act Regulations; FDIC Audit and reporting regulations; Capital Requirements (Basel II); IRS Trust Tax Regulations; Internet gambling regulations; Small bank examination rules; FinCen Rules on Foreign Banking Relationships; SEC Risk-based auditing standard; Money Laundering Regulations, Financial Institution Regulatory Restructuring; SEC Credit Rating Agency Reforms; Unfair and Deceptive Acts or Practices Regulations; Risk-Based Pricing Notices; Home Valuation Code of Conduct Appraisal Rules; Guidance on HELOC reductions; Best Practices for Residential Covered Bonds; FRB Reg. S (privacy); HUD RESPA Regulations; Money Market Fund Guaranties; Fannie Mae/Freddie Mac Conservatorship; SEC Short-Selling Rules; FASB Fair Value Accounting Regs; Auction-Rate Securities Rules; Timing of FASB/SEC Rules; FDIC Deposit Insurance Coverage Regulations; Truth-in-Savings Regulations; Risk Weighting of capital standards; Interest on Reserve Requirements; FDIC Restoration Plan; Deposit and Debt Guarantee Program; Guaranty Program for Troubled Assets; Capital Purchase Program; Hope for Homeowners Program; Overdraft Regulations; Currency Transaction Report Exemptions. #17. (continued from previous page) Public Company Accounting Oversight Board

Client expense: $160,000 · Firm income: Not reported

Government targets: Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Federal Trade Commission (FTC), Financial Crimes Enforcement Network (FinCEN), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

GSE reform legislation, H.R. 1427, H.R. 3221, S. 1100; FHFB director regulations; Affordable housing program grant assistance; FHL Bank Merger Discussions; Economic Stimulous Package; S. 1963 and H.R. 2091 to amend the Internal Revenue Code of 1986 to allow bonds guaranteed by the federal home loan banks to be treated as tax exempt bonds; H.R. 5720, Housing Assistance Tax Act of 2008.

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

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

S 2636 - Foreclosure Prevention Act of 2008 HR 1852 - Expanding American Homeownership Act of 2007 S 2338 - FHA Modernization Act of 2007 S 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 HR 3221 - American Housing Rescue and Foreclosure Prevention Act of 2008

Client expense: Not reported · Firm income: $15,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 HR 3221 - American Housing Rescue and Foreclosure Prevention Act of 2008

Client expense: Not reported · Firm income: $45,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S 2636 - Foreclosure Prevention Act of 2008 FHA Expansion HR 1852 - Expanding American Homeownership Act of 2007 S 2338 - FHA Modernization Act of 2007 S 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007

Client expense: Not reported · Firm income: $45,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

S 1356, Industrial Bank Holding Company Act of 2007 S 1405, Communities First Act HR 3012, Fair Mortgage Practices of 2007 HR 1852, Expanding American Homewonership Act of 2007 HR 1869, Communities First Act HR 1537, Credit Union Regulatory Improvement Act of 2007 HR 5519 Credit Union Regulatory Relief Act HR 1849, Credit Union Small Business Lending Act HR 2727, Small Business SOX Compliance Extension Act HR 1332, Small Business Lending Improvements Act of 2007 HR 873, Credit Card Payment Fee Act of 2007 HR 946, The Consumer Overdraft Protection Fair Practices Act of 2007 HR 323, Seasoned Customer CTR Exemption Act of 2007 HR 3915, Mortgage Reform and Anti-Predatory Lending Act of 2007 HR 3778 Home Owners Mortgage and Equity Savings Act HR 1550, Regulatory Relief and Fairness Act HR 2895, National Affordable Housing Trust Fund Act of 2007 HR 1967, Financial Privacy Notice Relief Act of 2007 HR 3609, Emergency Home Ownership and Mortgage Equity Protection Act HR 3506 Foreclosure Tax Relief Act S 1100, Federal Housing Enterprise Regulatory Reform Act of 2007 S 947, 21st Century Housing Act S 1299, Borrowers Protection Act of 2007 S 2452, Homeownership Preservation and Protection Act of 2007 S 2338, FHA Modernization Act of 2007 S. 2136, Helping Families Save Their Homes in Bankruptcy Act S. 2133, Home Owners Mortgage and Equity Savings Act S 2636 Foreclosure Prevention Act of 2008 S 413, Community Choice in Real Estate Act HR 5244, Credit Cardholder's Bill of Rights Act of 2008 HR 5546, Credit Card Fair Fee Act of 2008 HR 3221, American Housing and Foreclosure Prevention Act of 2008 HR 5841, Bank and Thrift Regulatory Relief Act of 2008 HR 6312, Credit Union, Bank and Thrift Regulatory Relief Act of 2008 S 1145, Patent Reform Act of 2007 S 3086, Credit Card Fair Fee Act of 2008 S Credit Card Accountability, Responsibility, and Disclosure Act S 2753 Credit Card Reform Act of 2008 HR 6248, Credit Card Interchange Fees Act of 2008 Credit Card Protections and Disclosures Credit Card/Debit Card Interchange Fees Deposit Concentration Cap Federal Home Loan Bank System Issues ILC Applications by Commercial Companies Overdraft Protection Programs Predatory Lending Issues Regulation of Industrial Loan Corporation Holding companies Regulatory Relief Relief from Securities Law Requirements for Small Companies Sarbanes-Oxley Act Relief for Community Banks Separation of Banking and Commerce Subprime Lending Housing GSEs HR 6871, Expedited Funds Availability Dollar Limits Adjustment Act of 2008 Payments Systems Expedited Funds Availability Act Amendments Real Estate Settlement Procedures Act (RESPA) regulations Fair Value Accounting (Mark to Market Accounting) SFAS 157, Fair Value Measurements HR 1424, Emergency Economic Stabilization Act HR 2638, Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 Flood Insurance Housing Assistance Tax Act of 2008 Deposit Insurance Premiums Bank Examinations Financial Services Regulatory Structure Implementation of Housing and Economic Recovery Act of 2008 (Hope for Homeowners Program) Conservatorship of Fannie Mae/Freddie Mac Bank Capital Rules Money Market Mutual Fund Temporary Guaranty Program Community bank access to Troubled Asset Relief Program

Client expense: $1,230,000 · Firm income: Not reported

Government targets: Export-Import Bank of the United States (EXIM Bank), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), President of the U.S., SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

Please see addendum H.R. 1537, Credit Union Regulatory Improvements Act, all provisions H.R. 890, Student Loan Sunshine Act, all provisions H.R. 41, The Business Checking Fairness Act of 2007, all provisions H.R. 1869 and S. 1405, Communities First Act, all provisions H.R. 958, Data Accountability and Trust Act, all provisions S. 1178, Identity Theft Protection Act, all provisions S. 1260, Data Security Act, all provisions H.R. 111 and S. 4131, The Community Choice in Real Estate Act, all provisions H.R. 946, Consumer Overdraft Protection Practices Act, all provisions H.R. 3915, Mortgage Reform and Anti-Predatory Lending Act of 2007, all provisions H.R. 1427, Federal Housing Finance Reform Act, all provisions S. 1100, Federal Housing Enterprise Regulatory Reform Act, all provisions H.R. 1852, Expanding American Homeownership Act, all provisions S. 2338, Federal Housing Administration Modernization Act, all provisions Financial Services Regulatory Relief Issues H.R. 1289, Community Reinvestment Modernization Act, all provisions H.R. 323, Seasoned Customer CTR Exemption Act, all provisions H.R. 2046, Internet Gambling Regulation and Enforcement Act of 2007, all provisions H.R. 5244, Credit Cardholders' Bill of Rights Act of 2008, all provisions H.R. 5519, Credit Union Regulatory Relief Act, all provisions H.R. 5546, Credit Card Fair Fee Act of 2008, all provisions H.R. 5767, Payment Systems Protection Act, all provisions Nomination of Steven Preston to be Secretary of Housing and Urban Development H.R. 5841, Bank and Thrift Regulatory Relief Act, Title I, Title II (Sections 202,204) Title III, Title IV (section 405) H.R. 5140, Economic Stimulus Act of 2008, Title II H.R. 946, Consumer Overdraft Protection Act, all provisions H.R. 3221, Housing Rescue and Foreclosure Prevention Act, all provisions H.R. 5830, FHA Housing Stabilization and Homeownership Retention Act, all provisions H.R. 6312, Credit Union, Bank and Thrift Regulatory Relief Act, Title I, Title II (sections 202, 204), Title III, Title IV (section 405), all provisions S. 2957, Credit Union Regulatory Improvements Act, all provisions S. 3086, Credit Card Fair Fee Act, all provisions Nomination of Michael Fryzel to be a member of the NCUA Board H.R. 6870, The Payment System Protection Act, all provisions H.R. 3997, Emergency Economic Stablization Act, House Amendment to the Senate Amendment to the House Amendment to the Senate Amendment, Title I, Sections 101-135, related to the Troubled Asset Recovery Program. H.R. 1424, Emergency Economic Stabilization Act, Senate Amendment 5685, Title I, Sections 101-135, related to the Troubled Asset Recovery Program and Section 136, related to the National Credit Union Share Insurance Fund. S. 2284, Flood Insurance Reform and Modernization Act of 2007, all provisions S. 3787, Protecting Consumers from Unreasonable Credit Rates Act of 2008, all provisions S. 3632, Fostering American Independence from Regressive and Abusive Credit Transactions Act of 2008, section 2

Client expense: $746,324 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Internal Revenue Service (IRS), Natl Credit Union Administration (NCUA), SENATE, Small Business Administration (SBA), White House Office

Regulation of government-sponsored housing enterprises, including HR 1427, the "Federal Housing Finance Reform Act of 2007;" and S 1100, the "Federal Housing Enterprise Regulatory Reform Act of 2007." Regulation of predatory lending, including HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007," S 2452, the "Home Ownership Preservation and Protection Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008." Modernization of Federal Housing Administration programs, including HR 1852, the "Expanding American Homeownership Act of 2007," S 2338, the "FHA Modernization Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008." Modification of residential mortgages.

Client expense: Not reported · Firm income: $30,000

Government targets: Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Regulation of government-sponsored housing enterprises, including HR 1427, the "Federal Housing Finance Reform Act of 2007;" and S 1100, the "Federal Housing Enterprise Regulatory Reform Act of 2007." Regulation of predatory lending, including HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007," S 2452, the "Home Ownership Preservation and Protection Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008." Financial system stability and liquidity, including HR 1424, the "Emergency Economic Stabilization Act of 2008." Implementation of the Troubled Asset Relief Program

Client expense: Not reported · Firm income: $30,000

Government targets: Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

Regulation of government-sponsored housing enterprises, including HR 1427, the "Federal Housing Finance Reform Act of 2007;" and S 1100, the "Federal Housing Enterprise Regulatory Reform Act of 2007." Regulation of predatory lending, including HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007," S 2452, the "Home Ownership Preservation and Protection Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008." Financial system stability and liquidity, including HR 1424, the "Emergency Economic Stabilization Act of 2008." Implementation of the Troubled Asset Relief Program.

Client expense: Not reported · Firm income: $30,000

Government targets: Federal Deposit Insurance Corporation (FDIC), HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of

H.R. 111 - Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956 to prohibit the Federal Reserve System and the Secretary of the Treasury from determining that real estate brokerage activity or real estate management activity is financial in nature. H.R. 1424 - the "Emergency Economic and Stabalization Act of 2008" included a $700 billion rescue plan to restart the flow of capital in the marketplace. H.R. 2061 - Predatory Mortgage Lending Practices Reduction Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit any person, in connection with a subprime federally related mortgage loan, from providing mortgage lending services or mortgage brokerage services unless such person is certified by the Secretary of Housing and Urban Development as having been adequately trained with regard to subprime lending. S. 413 - Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956 to prohibit the Federal Reserve System and the Secretary of the Treasury from determining that real estate brokerage activity or real estate management activity is financial in nature. S. 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to establish in lieu of the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD), an independent Federal Housing Enterprise Regulatory Agency, headed by a Director, which shall have authority over: the Federal Home Loan Banks, the Finance Facility, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac). S. 1356 - Industrial Bank Holding Company Act of 2007 - Amends the Federal Deposit Insurance Act (FDIA) to apply the bank share or asset acquisition requirements of the Bank Holding Company Act of 1956 to any company that is or would become an industrial bank holding company. C.A.R. sent a comment letter to the California Congressional delegates concerning the need for an economic stimulus package that included: An extension of the GSE and FHA loan limits at their current 2008 levels, removing the payback requirement for the $7,500 first-time homebuyer tax credit and allowing buyers to utilize these funds at the time of home purchase at no additional cost, preserving the ability for creditworthy homebuyers to receive seller-funded downpayment assistance, and preventing unscrupulous foreclosure consultants from preying upon uninformed and vulnerable homeowners. Additionally, lenders participating in the Troubled Assets Relief Program (TARP) should be required to extend credit down to Main Street (making credit more available to consumers and small businesses), expedite the process for short sales, and expedite the resolution of banks real estate owned (REO) properties. C.A.R. is also lobbying on the idea of having either Congress or the Treasury Department instiute a plan where they would create a federal mortgage interest buy-down program to bring down interest rate spreads to historical averages and reduce mortgage interest rates since the spread between mortgage rates and Treasury rates are abnormally high. C.A.R. lobbied on the issue of putting the GSE's (Fannie Mae and Freddie Mac) into convervatorship and what their future should be. In addition, C.A.R. lobbied on the issues of the loan limits for GSE's and FHA in both their size, scope, and duration.

Client expense: $30,000 · Firm income: Not reported

Government targets: Federal Communications Commission (FCC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), SENATE, Treasury, Dept of

S 1100 - "Federal Housing Enterprise Regulatory Reform Act of 2007" - Establishes a new federal regulator of government sponsored enterprises HR 3221 - "Housing and Economic Recovery Act of 2008" - Reforms Government-Sponsored Enterprises and provides for a low-income housing tax credit HR 1424 - "Emergency Economic Stabilization Act of 2008" - Establishes the Troubled Asset Relief Program

Client expense: $630,000 · Firm income: Not reported

Government targets: Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of, U.S. Copyright Office

S.3261, Transportation, Housing and Urban Development, and Independent Agencies Appropriations Act, FY2009, HUD initiatives. S.1299, Borrower's Protection Act of 2007, mortgage issues. GSE Reform related issues. H.R.3221/S.3221, Foreclosure Prevention Act of 2008, Mortgage and housing issues. H.R.1852, Expanding American Homeownership Act of 2007, Mortgage and housing issues. S.2338, FHA Modernization Act of 2007, Mortgage and housing issues. S.1100, Federal Housing Enterprise Regulatory Reform Act of 2007, Mortgage and housing issues. S.2452, Home Ownership Preservation and Protection Act of 2007, Mortgage and housing issues.

Client expense: Not reported · Firm income: $50,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR1852 Expanding American Homeownership Act of 2007 S2338 Expanding American Homeownership Act of 2007 HR1427 Federal Housing Finance Reform Act of 2007 HR3915 Mortgage Reform and Anti-Predatory Lending Act of 2007 S1100 Federal Housing Enterprise Regulatory Reform Act of 2007 HR3221 Housing and Economic Recovery Act of 2008 HR3221 American Housing Rescue and Foreclosure Prevention Act of 2008 HR3221 Foreclosure Prevention Act of 2008

Client expense: $1,070,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Office of Thrift Supervision (OTS), SENATE, Treasury, Dept of

H.R. 1427, Federal Housing Finance Reform Act of 2007 H.R. 3777, Protecting Access To Safe Mortgages Act S. 1100, Federal Housing Enterprise Reform Act of 2007 H.R. 3221, Housing and Economic Recovery Act of 2008 S. 2036, Protecting Access To Safe Mortgages Act S. 2169, Financial Data Protection Act S. 2391, Government Sponsored Enterprise Mission Improvement Act

Client expense: Not reported · Firm income: $20,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 1685 (Protect Information Relating to Consumers to Require Notice of Security Breaches); S. 1260 (Data Security Act); H.R. 958 (Data Accountability and Trust Act); S. 1202 (Personal Data Act of 2007); S. 239 (Notification of Risk to Personal Data Act of 2007); S. 495 (Personal Privacy Data and Security Act); S. 1178 (Identity Theft Prevention Act); H.R. 948 (Social Security Number Protection Act); H.R. 3915 (Mortgage Reform and Anti-Predatory Lending Act); S. 2452 (Homeownership Preservation Act); S. 1299 (Subprime Lending); S. 1208 (Social Security Account Number Protection Act); H.R. 3837 (Escrow, Appraisal and Mortgage Servicing Improvements); H.R. 3012 (Fair Mortgage Practices Act); S. 1926 (National Infrastructure Bank); H.R. 4178 (Emergency Mortgage Loan Modification Act); H.R. 5579 (Emergency Loan Modification Act of 2008); Servicer safe harbor for debt restructuring of residential mortgages; S. 2338/ H.R. 1852 (Expanding American Homeownership Act) (FHA Reform); H.R. 1427/ S. 1100 (GSE Reform); H.R. 3648 Mortgage Forgiveness Debt Relief Act of 2007 with Senate Amendment); S. 2517 (Mortgage revenue bonds); S. 1356/ H.R. 698 (Industrial Bank Holding Company Act) (Industrial Loan Companies); S. 238 (Social Security Number Misuse Prevention Act); H.R. 5140 (Economic Stimulus/MRBs/FHA & GSE Loan Limits) (Economic Stimulus Act of 2008, with Senate Amendment); S. 2737 (Security Against Foreclosures and Education Act - "Safe Act"); S. 1691 (Social Security Number Online Protection Act); S. 2168 (Identity Theft Enforcement and Restitution Bill); H.R. 3046 (Social Security Number and Identity Theft Prevention Act); Federal Family Education Loan Program/Private Student Lending Secondary Market Issues; H.R. 2091/ S. 1963 (Federal Home Loan Bank bonds to tax exempt); Expanded FHA lending; H.R. 5679 (Foreclosure Prevention and Sound Mortgage Security Act); H.R. 3221 (Foreclosure Prevention Act) (GSE loan limits; FHA modernization and expansion; servicer safe harbor); H.R. 5723/ S. 2847 (Emergency Student Loan Market Liquidity Act); H.R. 5715;PL 110-227 (to ensure continued availability of access to Federal student loan program); S. 2815 (Strengthening Student Aid for All Act); H.R. 6659 (The Equal Treatment of Covered Bonds Act); EU Capital Requirements Directive; Federal Reserve Board Proposed Rule Reg AA (credit card practices).

Client expense: $1,430,000 · Firm income: Not reported

Government targets: Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Education, Dept of, Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Internal Revenue Service (IRS), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Security Council (NSC), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office

S 1356, Industrial Bank Holding Company Act of 2007 S 1405, Communities First Act HR 3012, Fair Mortgage Practices Act of 2007 HR 1852, Expanding American Homeownership Act of 2007 HR 3221, Housing and Economic Recovery Act of 2008 HR 1869, Communities First Act HR 1537, Credit Union Regulatory Improvement Act of 2007 HR 5519 Credit Union Regulatory Relief Act HR 1849, Credit Union Small Business Lending Act HR 2727, Small Business SOX Compliance Extension Act HR 1332, Small Business Lending Improvements Act of 2007 HR 873, Credit Card Payment Fee Act of 2007 HR 946, The Consumer Overdraft Protection Fair Practices Act of 2007 HR 323, Seasoned Customer CTR Exemption Act of 2007 HR 3915, Mortgage Reform and Anti-Predatory Lending Act of 2007 HR 3778 Home Owners Mortgage and Equity Savings Act HR 1550, Regulatory Relief and Fairness Act HR 2895, National Affordable Housing Trust Fund Act of 2007 HR 1967, Financial Privacy Notice Relief Act of 2007 HR 3609, Emergency Home Ownership and Mortgage Equity Protection Act HR 3506 Foreclosure Tax Relief Act S 1222, Stopping Mortgage Transactions which Operate to Promote Fraud, Risk, Abuse And Underdevelopment Act S 1100, Federal Housing Enterprise Regulatory Reform Act of 2007 S 947, 21st Century Housing Act S 1299, Borrowers Protection Act of 2007 S 2452, Homeownership Preservation and Protection Act of 2007 S 2338, FHA Modernization Act of 2007 S. 2136, Helping Families Save Their Homes in Bankruptcy Act S. 2133, Home Owners Mortgage and Equity Savings Act S 2636 Foreclosure Prevention Act of 2008 S 413, Community Choice in Real Estate Act HR 5244, Credit Cardholder's Bill of Rights Act of 2008 HR 5546, Credit Card Fair Fee Act of 2008 HR 3221, American Housing and Foreclosure Prevention Act of 2008 HR 5841, Bank and Thrift Regulatory Relief Act of 2008 HR 6312, Credit Union, Bank and Thrift Regulatory Relief Act of 2008 S 1145, Patent Reform Act of 2007 S 3086, Credit Card Fair Fee Act of 2008 HR 5767, Payments System Protection Act of 2008 (Internet Gambling) S Credit Card Accountability, Responsibility, and Disclosure Act S 2753 Credit Card Reform Act of 2008 HR 6248, Credit Card Interchange Fees Act of 2008 Credit Card Protections and Disclosures Credit Card/Debit Card Interchange Fees Appraisal Policy for Housing GSEs Deposit Concentration Cap Federal Home Loan Bank System Issues ILC Applications by Commercial Companies Overdraft Protection Programs Predatory Lending Issues Regulation of Industrial Loan Corporation Holding companies Regulatory Relief Relief from Securities Law Requirements for Small Companies Sarbanes-Oxley Act Relief for Community Banks Separation of Banking and Commerce Subprime Lending Housing GSEs HR 6871, Expedited Funds Availability Dollar Limits Adjustment Act of 2008 Homeland Security and Critical Infrastructure Protection Payments Systems Expedited Funds Availability Act Amendments Real Estate Settlement Procedures Act (RESPA) regulations Fair Value Accounting (Mark to Market Accounting) SFAS 157, Fair Value Measurements HR 1424, Emergency Economic Stabilization Act HR 2638, Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009 Flood Insurance Housing Assistance Tax Act of 2008 Deposit Insurance Premiums Bank Examinations Financial Services Regulatory Structure Implementation of Housing and Economic Recovery Act of 2008 (Hope for Homeowners Program) Conservatorship of Fannie Mae/Freddie Mac Bank Capital rules Money market mutual fund Temporary Guaranty Program

Client expense: $920,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Export-Import Bank of the United States (EXIM Bank), Farm Credit Administration, Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), Office of Management & Budget (OMB), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), Treasury, Dept of, White House Office

Federal Home Loan Banks Regulatory Reform of Government Sponsored Enterprises and Federal Home Loan Bank System (H.R. 1427, S. 1100, H.R. 3221) Conforming Loan Limits (H.R. 1427, S. 1100 H.R. 5140, H.R. 3221) RESPA reform (HUDs proposed regulation) Reporting of Home Mortgage Disclosure Act data Mortgage reforms (H.R. 3915, H.R. 3012, S. 2296, S. 2153, S. 2452, S. 1299, H.R. 3221) Federal Reserve Boards Home Ownership and Equity Protection Act regulations Adjustable Rate Mortgages (H.R. 3915, H.R. 3012, S. 2452) Appraisal Reforms (H.R. 3915, H.R. 3837, S. 2452) Non-traditional Mortgage Products (H.R. 3915, H.R. 3012, S. 2452) National Flood Insurance Program (H.R. 3121, S. 2284) Mortgage Loan Modifications and Servicer Liability (H.R. 4178, H.R. 5579, H.R. 3221) FHA Modernization (H.R. 1852, S. 2338, H.R. 3221) Mortgage Broker Disclosure Licensing and registration of mortgage originators (H.R. 3221) Homeownership Rescue Plans Foreclosure Prevention (H.R. 5679) Emergency Economic Stabilization Act of 2008 (H.R. 1424)

Client expense: $310,000 · Firm income: Not reported

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

H.R. 111 - Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956 to prohibit the Federal Reserve System and the Secretary of the Treasury from determining that real estate brokerage activity or real estate management activity is financial in nature. H.R. 698 - Industrial Bank Holding Company Act of 2007 - Amends the Federal Deposit Insurance Act (FDIA) to apply the bank share or asset acquisition requirements of the Bank Holding Company Act of 1956 to any company that is or would become an industrial bank holding company. H.R. 1424 - the "Emergency Economic and Stabalization Act of 2008" included a $700 billion rescue plan to restart the flow of capital in the marketplace. H.R. 2061 - Predatory Mortgage Lending Practices Reduction Act - Amends the Real Estate Settlement Procedures Act of 1974 to prohibit any person, in connection with a subprime federally related mortgage loan, from providing mortgage lending services or mortgage brokerage services unless such person is certified by the Secretary of Housing and Urban Development as having been adequately trained with regard to subprime lending. S. 413 - Community Choice in Real Estate Act - Amends the Bank Holding Company Act of 1956 to prohibit the Federal Reserve System and the Secretary of the Treasury from determining that real estate brokerage activity or real estate management activity is financial in nature. S. 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 to establish in lieu of the Office of Federal Housing Enterprise Oversight of the Department of Housing and Urban Development (HUD), an independent Federal Housing Enterprise Regulatory Agency, headed by a Director, which shall have authority over: the Federal Home Loan Banks, the Finance Facility, the Federal National Mortgage Association (Fannie Mae), and the Federal Home Loan Mortgage Corporation (Freddie Mac). S. 1356 - Industrial Bank Holding Company Act of 2007 - Amends the Federal Deposit Insurance Act (FDIA) to apply the bank share or asset acquisition requirements of the Bank Holding Company Act of 1956 to any company that is or would become an industrial bank holding company. Regulation Z - The Federal Reserve published their final rule amending Regulation Z (Truth in Lending). The intent of the new rule is to curb abusive lending practices that helped lead to the current foreclosure and financial crisis. The new rule will create a new category of loans known as higher-priced mortgage loans. Loans that fall into this category will have new protections that include: prohibiting a lender from making a loan without regard to borrowers' ability to repay the loan requiring creditors to verify the income and assets, banning any prepayment penalty if the payment can change in the initial four years, requiring creditors to establish escrow accounts for property taxes and homeowner's insurance. There are also new rules that will impact all loans securitized by a consumers principal residence. They are: creditors and mortgage brokers are prohibited from coercing a real estate appraiser to misstate a home's value, companies that service mortgage loans are prohibited from engaging in certain practices, creditors must provide a good faith estimate of the loan costs, including a schedule of payments, within three days after a consumer applies for any mortgage loan secured by a consumer's principal dwelling. Comment letter was sent to the Securities Industry and Financial Markets Association (SIFMA) which was also copied to members of Congress. The comment letter concerned allowing all loans eligible for purchase by Fannie Mae and Freddie to be pooled together in the To-Be-Announced (TBA) market.

Client expense: $30,000 · Firm income: Not reported

Government targets: Federal Communications Commission (FCC), Federal Reserve System, HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Internal Revenue Service (IRS), SENATE, Treasury, Dept of

S.1100 - The Federal Housing Enterprise Regulatory Reform Act of 2007. Provisions related to retained portfolio, enforcement, and new program approval and possible provision relating to '33 Act registration. H.R. 1427 - The Federal Housing Finance Reform Act of 2007. All provisions in bill. S. 2338 / H.R. 1752 (FHA Modernization Act of 2007) - All provisions related to housing. S. 2325 / H.R. 1852 (FHA Modernization Act of 2007) - All provisions related to housing. S. 2391 (GSE Mission Improvement Act) - All provisions in bill. S. 2036 / H.R. 3777 / H.R. 3838 (Protecting Access to Safe Mortgages Act) - All provisions in bill. S. 2169 (PROMISE Act) - All provisions in bill. FY2008 Appropriations - All provisions related to housing and home mortgages. H.R. 5140 (Econmomic Stimulus Act of 2008) - All provisions related to housing and home mortgages. H.R. 3221 (Foreclosure Prevention Act of 2008) - All provisions related to housing and mortgages. H.R. 6164 (Federal Housing Enterprises Transparency and Accountability Act of 2008) - All provisions related to housing and mortgages. H.R. 6078 - Green Resources for Energy Efficient Neighborhoods Act of 2008 - All provisions related to housing and mortgages. H.R. 5830 - FHA Housing Stabilization and Homeowner Retention Act of 2008 - All provisions related to housing and mortgages.

Client expense: $1,310,000 · Firm income: Not reported

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

FY 2009- Transportation, Treasury, HUD Appropriations Bill S. 1100- Federal Housing Enterprise Regulatory Reform Act of 2007

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Regulation of government-sponsored housing enterprises, including HR 1427, the "Federal Housing Finance Reform Act of 2007;" and S 1100, the "Federal Housing Enterprise Regulatory Reform Act of 2007." Regulation of predatory lending, including HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007," S 2452, the "Home Ownership Preservation and Protection Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008." Financial system stability and liquidity, including HR 1424, the "Emergency Economic Stabilization Act of 2008."

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Regulation of government-sponsored housing enterprises, including HR 1427, the "Federal Housing Finance Reform Act of 2007;" and S 1100, the "Federal Housing Enterprise Regulatory Reform Act of 2007." Regulation of predatory lending, including HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007," S 2452, the "Home Ownership Preservation and Protection Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008." Financial system stability and liquidity, including HR 1424, the "Emergency Economic Stabilization Act of 2008."

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Regulation of government-sponsored housing enterprises, including HR 1427, the "Federal Housing Finance Reform Act of 2007;" and S 1100, the "Federal Housing Enterprise Regulatory Reform Act of 2007." Regulation of predatory lending, including HR 3915, the "Mortgage Reform and Anti-Predatory Lending Act of 2007," S 2452, the "Home Ownership Preservation and Protection Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008." Modernization of Federal Housing Administration programs, including HR 1852, the "Expanding American Homeownership Act of 2007," S 2338, the "FHA Modernization Act of 2007," and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

Client expense: Not reported · Firm income: $30,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 3221, "American Housing Rescue and Foreclosure Prevention Act of 2008," issues related to the financial services industry. H.R 1424, "The Emergency Economic Stabilization Act of 2008," issues related to the financial services industry. H.R. 1427, "Federal Housing Finance Reform Act of 2007," issues related to the secondary market. S. 1100, "Federal Housing Enterprise Regulatory Reform Act of 2007," issues related to the secondary market. H.R. 3915, "The Mortgage Reform and Anti-Predatory Lending Act of 2007," issues related to the housing market and predatory lending. H.R.1852, "Expanding American Homeownership Act of 2007," issues related to FHA reform. S. 2338, "FHA Modernization Act of 2007," issues related to FHA modernization. H.R. 2895, "National Affordable Housing Trust Fund Act of 2007," issues related to FHA and GSE conforming loan limits. S. 2391, "GSE Mission Improvement Act," issues related to government sponsored enterprises. S. 2036, "Protecting Access to Safe Mortgages Act ," issues related to GSE conforming loan limits. H.R. 3777, "Protecting Access to Safe Mortgages Act," issues related to GSE conforming loan limits. H.R. 3081, Fairness for Homeowners Act of 2007," issues related to the Truth in Lending Act (TILA). H.R. 3012, "Fair Mortgage Practices Act of 2007," issues related to mortgage fraud. H.R. 2139, "FHA Manufacturing Housing Loan Modernization Act of 2007," issues related to FHA loans S. 947, "A bill to modernize the Federal Housing Administration to meet the housing needs of the American people," issues related to FHA loans. S. 1222, "Stopping Mortgage Transactions which Operate to Promote Fraud, Risk, Abuse and Underdevelopment Act, or the STOP FRAUD Act," issues related to mortgage lending," issues related to mortgage lending S. 1299, "Borrower's Protection Act of 2007," issues related to mortgage lending H Con Res 127, "Supporting home ownership and responsible lending," issues related to mortgage lending H.R. 2061, "Predatory Mortgage Lending Practices Reduction Act," issues related to mortgage lending H.R. 698, "Industrial Bank Holding Company Act of 2007," issues related to Industrial Loan Companies S. 1356, "Industrial Bank Holding Company Act of 2007," issues related to Industrial Loan Companies H.R. 1682, "Flood Insurance Reform and Modernization Act of 2007," issues related to the National Flood Insurance Program H.R. 1227, "Gulf Coast Hurricane Housing Recovery Act of 2007," issues related to Katrina Recovery S. 1668, "Gulf Coast Housing Recovery Act of 2007," issues related to Katrina Recovery S. 825, "To provide additional funds for the Road Home program," issues related to Katrina Recovery H.R. 3121, "Flood Insurance Reform and Modernization Act of 2007," issues related to flood insurance. H.R. 3355, "Homeowners' Defense Act of 2007," issues related to flood insurance. H.R. 1066, "Depository Institution Community Development Investments Enhancement Act," issues related to public welfare investments by banks. S. 2487, "Depository Institution Community Development Investments Enhancement Act," issues related to public welfare investments by banks. S. 2452, "Homeownership Preservation and Protection Act of 2007," issues related to mortgage lending. H.R. 4019, "Mortgage Disclosure Improvement Act of 2007," issues related to mortgage disclosures. S. 2153, "Mortgage Disclosure Improvement Act of 2007," issues related to mortgage disclosures. S. 2595, "Secure and Fair Enforcement for Mortgage Licensing Act of 2008, or S.A.F.E. Mortgage Licensing Act of 2008," issues related to the licensing of loan originators. H.R. 5140, "Economic Stimulus Act of 2008;" issues related to mortgage lending. H.R. 5818, "Neighborhood Stablization Act of 2008," issues related to mortgage lending. H.R. 5579, "Emergency Mortgage Loan Modification Act of 2008," issues related to mortgage lending. H.R. 5830, "FHA Housing Stabilization and Homeowner Retention Act of 2008," issues related to mortgage lending. H.R. 5679, "The Foreclosure Prevention and Sound Mortgage Servicing Act of 2008," issues related to mortgage lending. H.R. 634, "The Federal Housing Finance Regulatory Reform Act of 2008," issues related to mortgage lending. H.R. Issues related to the current financial crisis, the Federal Reserve's proposed changes to the HOEPA and Reg C regulations, RESPA, the HOPE NOW Alliance, FHASecrure, HOPE for Homeowners, mortgage-backed securities, Truth in Lending Act, mortgage, reform, mortgage broker compensation, subprime lending, privacy, issues related to mortgage broker licensing, secondary mortgage market, issues related to the Home Mortgage Disclosure Act ("HMDA"), provisions relating to notices and disclosures to be given to mortgage borrowers,issues relating to the preemptive authority of the Office of the Comptroller of the Currency, issues related to the NY Attorney General's Agreement with the GSEs on appraisals, issues related to credit rating agencies, issues related to Mark to Market accounting

Client expense: Not reported · Firm income: $380,000

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Reserve System, Federal Trade Commission (FTC), Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Credit Union Administration (NCUA), Office of Management & Budget (OMB), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

FDIC ILC Moratorium: H.R. 698/S. 1356 -Industrial Bank Holding Company Act of 2007 Credit Union Reform: H.R. 1537- Credit Union Regulatory Improvements Act of 2007 GSE Reform: S. 2169 - Promoting Refinancing Opportunities for Mortgages Impacted by the Subprime Emergency (PROMISE) Act of 2007 S. 2346 - Promoting Refinancing Opportunities for Mortgages Impacted by the Subprime Emergency (PROMISE) Act of 2007 S. 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 H.R. 5958 -- Homeowner Opportunity Act of 2008 (Provisions Relating to Extension of increased GSE Loan Limits) H.R. 3221 -- Foreclosure Prevention Act of 2008 (Provisions pertaining to GSE Conforming Loan Limits)

Client expense: $3,820,000 · Firm income: Not reported

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Bureau of Land Management (BLM), Environmental Protection Agency (EPA), Farm Credit Administration, Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Interior, Dept of (DOI), Internal Revenue Service (IRS), Natl Park Service (NPS), Office of Management & Budget (OMB), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Small Business Administration (SBA), Treasury, Dept of, U.S. Agency for International Development (USAID), Veterans Affairs, Dept of (VA), White House Office

S 2636 - Foreclosure Prevention Act of 2008 HR 1852 - Expanding American Homeownership Act of 2007 S 2338 - FHA Modernization Act of 2007 S 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 HR 3221 - American Housing Rescue and Foreclosure Prevention Act of 2008

Client expense: Not reported · Firm income: $15,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Issues relating to convergence of US GAAP and IFRS accounting standards. HR 1427/S 1100, "Federal Housing Finance Reform Act." HR 3012, "Fair Mortgage Practices Act of 2007." S 1299, "Borrower's Protection Act." Regulation of Investment Advisors and Broker Dealers. Financial services industry regulatory restructuring. SEC Rule 15a-6, a proposed regulation providing for expansion of U.S. investor options. Monoline insurers and associated issues in the auction rate securities markets. S 2636/HR 3221, "Foreclosure Prevention Act of 2008." HR 5579, "To remove an impediment to troubled debt restructuring on the part of holders of residential mortgage loans, and for other purposes." HR 1424, "Emergency Economic Stabilization Act of 2008."

Client expense: $140,000 · Firm income: Not reported

Government targets: Education, Dept of, Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of, White House Office

S 1100 - Federal Housing Enterprise Regulatory Reform Act of 2007 HR 3221 - American Housing Rescue and Foreclosure Prevention Act of 2008

Client expense: Not reported · Firm income: $45,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE