Secure and Fair Enforcement for Mortgage Licensing Act of 2008

Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

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

Structure of FINRA and private sector regulation of securities industry. Arbitration of investor claims. Investor protection and investor education initiatives, including related to auction-rate securities. Regulation of non-U.S. brokers doing business in the U.S. Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

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

H.R 1424, "The Emergency Economic Stabilization Act of 2008," issues related to the financial services industry. H.R. 3221, "American Housing Rescue and Foreclosure Prevention Act of 2008," issues related to the financial services industry. 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. 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. 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. 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. Issues related to the current financial crisis, TARP, 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: $240,000

Government targets: Executive Office of the President (EOP), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, 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, Treasury, Dept of

H.R. 3915 - Mortgage Reform and Anti-Predatory Lending Act of 2007 - Title I: Residential Mortgage Loan Origination - Subtitle A: Licensing System for Residential Mortgage Loan Originators - Encourages the states, through the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators, to establish a Nationwide Mortgage Licensing System and Registry (NMLSR) for the residential mortgage industry. H.R. 2895 - National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury the National Affordable Housing Trust Fund (Fund). Declares that: (1) the Fund shall consist of certain amounts of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation transferred to the Fund under specified law, including Federal Housing Administration (FHA) savings; and (2) all assistance provided from the Fund shall be considered to be federal financial assistance. H.R. 5818 - Neighborhood Stabilization Act of 2008 - Directs the Secretary of Housing and Urban Development (HUD) to make grants and loans to qualified states, metropolitan cities, and urban counties, in accordance with HUD-approved plans, to carry out eligible housing stimulus activities. H.R. 6521 - The Federal Housing Finance Regulatory Reform Act (FHA Housing Stabilization & Homeownership Retention Act) would permit FHA to provide [up to $300 billion] in new guarantees that would help to refinance at-risk borrowers into viable mortgages. When the borrower sells the home or refinances the loan, the borrower will pay from any profits the higher of (1) an ongoing exit fee equal to 3 percent of the original FHA loan balance; or (2) a declining percentage of any profits (e.g., from 100 percent in year one to 20 percent in year five and 0 thereafter). After year five only the 3 percent exit fee will apply. H.R. 6694 - The FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008 would revise the requirements for seller-financed downpayments for mortgages for single-family housing insured by the Secretary of Housing and Urban Development under title II of the National Housing Act and to authorize risk-based insurance premiums for certain mortgagors under such mortgages. S. 1299 - Borrower's Protection Act of 2007 - Amends the Truth in Lending Act to deem a mortgage broker, in the case of a home mortgage loan, to have a fiduciary relationship with the consumer. Subjects each such mortgage broker to all federal and state requirements for fiduciaries. S. 2338 - FHA Modernization Act of 2007 (Building American Homeownership Act of 2007) - Amends the National Housing Act to: (1) modify requirements for the maximum principal loan obligation, changing one element in the formula from 95% to 100% of the median one-family house price in the area; and (2) limit the principal loan obligation to 100% of the appraised value of the property. Amends the National Housing Act to revise eligibility criteria for cash down payment for Federal Housing Administration (FHA) mortgage insurance. Reduces such payment from the current 3% to 1.5% of the appraised value of the property. S. 2595 - The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 would require licensing for loan originators on a national level as well as state level. HUD RESPA Proposal - C.A.R. is opposing this specific RESPA Reform proposal because of concerns that it goes beyond the original scope of the proposal, the timing of the provisions, and targeted comments that seem to be directed at specific at volume discounts, average cost pricing, price tolerances, a new definition of "required use", and a new "closing script" which must be read aloud at closing. 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.

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

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

HR 946: Overdraft Protection Fair Practices Act HR 3012: Fair Mortgage Practices Act of 2007 HRes 526: Whereas Homeownership is an important part of realizing the America Dream HR 3081: Fairness for Homeowners Act HR 1996: Preservation of Federalism in Banking HR 3296: Mortgage Broker Transparency and Accountability Act of 2007 HR 2871: Payday Loan Reform Act of 2007 HR 3017: Stop Fraud Act HR 2061: Predatory Mortgage Lending Practices Reduction Act HR 3133: Financial Literacy for Homeowners Act HR 1289: Community Reinvestment Modernization Act of 2007 HR 2146: Universal Default Prohibition Act of 2007 HR 1852: Expanding American Homeownership Act of 2007 HR 1752: Expanding American Homeownership Act of 2007 HR 1723: Fair FHA Appraisals Act of 2007 HR 3915: Mortgage Reform and Anti-Predatory Lending Act of 2007 HR 3837: Escrow, Appraisal, and Mortgage Servicing Improvements Act HR 3609: Emergency Home Ownership and Mortgage Equity Protection Act S 1386: Homeownership Protection and Enhancement Act of 2007 S 1299: Borrower's Protection Act of 2007 S 1309: Universal Default Prohibition Act of 2007 S 1222: Stop Fraud Act S 1395: Stop Unfair Practices in Credit Cards Act of 2007 S 947: 21st Century Housing Act S 1805: FHA Loan Limit Adjustment Act of 2007 S 2452: Home Ownership Preservation and Protection Act of 2007 S 2136: Helping Families Save Their Homes in Bankruptcy Act HR 3221: Foreclosure Prevention Act of 2008 HR 5830: FHA Housing Stabilization and Homeownership Retention Act HR 5776: Homeowner Empowerment Act HR 5679: Foreclosure Prevention and Sound Mortgage Servicing Act HR 5678: Neighborhood Rescue and Stabilization Act HR 5649: Home Owners' Loan Corporation for the 21st Century Act HR 5579: Emergency Mortgage Loan Modification Act HR 5572: Helping Communities Act HR 5500: Foreclosure Credit Forgiveness Act HR 3648: Mortgage Forgiveness Debt Relief Act S 2753: Credit Card Reform Act S 2595: S.A.F.E. Mortgage Licensing Act S 2542: Credit Card Minimum Payment Notification Act S 2455: Community Foreclosure Assistance Act S 2411: Credit Card Safety Star Act S 2153: Mortgage Disclosure Improvement Act S 2036: Protecting Access to Safe Mortgages Act HR 5244: Credit Cardholders' Bill of Rights Act HR 4135: Family Foreclosure Rescue Corporation Act HR 6076: Home Retention and Economic Stabilization Act of 2008 HR 6254: Temporary FHA Direct Endorsement Lender Participation Act of 2008 HR 1424: Emergency Economic Stabilization Act of 2008 HConRes 391: Recognizing the disparities that are associated with predatory lending abuses in minority communities and expressing the sense of the Congress that as new abuses continue to emerge, such laws should ensure that all those responsible for representing and protecting families have the authority to act to address these new problems HR 6312: Credit Union, Bank, and Thrift Regulatory Relief Act of 2008

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

Government targets: Defense, Dept of (DOD), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Credit Union Administration (NCUA), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

FHA and GSE reform and modernization, FHA and GSE loan limits, mortgage broker participation in FHA: (H.R. 1852/S.2338/H.R. 5140/H.R. 3221/H.R. 1427) Mortgage reform: Combating Predatory Lending, Preserving Yield Spread Premium, regulating mortgage originators (H.R. 3915/S. 2452/S. 2595); HR 1424 Emergency Economic Stabilization Act of 2008.

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

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

FHA and GSE reform and modernization, FHA and GSE loan limits, mortgage broker participation in FHA: (H.R. 1852/S.2338/H.R. 5140/H.R. 3221/H.R. 1427) Mortgage reform: Combating Predatory Lending, Preserving Yield Spread Premium, regulating mortgage originators (H.R. 3915/S. 2452/S. 2595); HR 1424 Emergency Economic Stabilization Act of 2008.

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

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

H.R. 3915 - Mortgage Reform and Anti-Predatory Lending Act of 2007 - Title I: Residential Mortgage Loan Origination - Subtitle A: Licensing System for Residential Mortgage Loan Originators - Encourages the states, through the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators, to establish a Nationwide Mortgage Licensing System and Registry (NMLSR) for the residential mortgage industry. H.R. 2895 - National Affordable Housing Trust Fund Act of 2007 - Amends the Cranston-Gonzalez National Affordable Housing Act to establish in the Treasury the National Affordable Housing Trust Fund (Fund). Declares that: (1) the Fund shall consist of certain amounts of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation transferred to the Fund under specified law, including Federal Housing Administration (FHA) savings; and (2) all assistance provided from the Fund shall be considered to be federal financial assistance. H.R. 3221 - Foreclosure Prevention Act of 2008 Includes GSE and FHA reform, including: increases the conforming loan limit, prohibits the maximum principal loan obligation from exceeding 100% of the appraised value of the property, increases from 3% to 3.5% of the appraised value of a property the mortgagor's required cash (or equivalent) investment (downpayment), prohibits any funds for such cash investment from: (1) the seller or any other person or entity benefiting financially from the transaction (seller-funded downpayment assistance); or (2) any third party or entity reimbursed by any of such parties, tax provisions, and extends through 2009 the tax credit for residential energy efficiency improvements. Also includes an FHA Rescue Plan which would allow for lenders to write down loans to 85% of their appraised value but then those loans would be purchased and insured under FHA and would ban seller funded downpayment assistance programs on FHA insured loans. H.R. 5818 - Neighborhood Stabilization Act of 2008 - Directs the Secretary of Housing and Urban Development (HUD) to make grants and loans to qualified states, metropolitan cities, and urban counties, in accordance with HUD-approved plans, to carry out eligible housing stimulus activities. H.R. 6694 - The FHA Seller-Financed Downpayment Reform and Risk-Based Pricing Authorization Act of 2008 would revise the requirements for seller-financed downpayments for mortgages for single-family housing insured by the Secretary of Housing and Urban Development under title II of the National Housing Act and to authorize risk-based insurance premiums for certain mortgagors under such mortgages. S. 1299 - Borrower's Protection Act of 2007 - Amends the Truth in Lending Act to deem a mortgage broker, in the case of a home mortgage loan, to have a fiduciary relationship with the consumer. Subjects each such mortgage broker to all federal and state requirements for fiduciaries. S. 2338 - FHA Modernization Act of 2007 (Building American Homeownership Act of 2007) - Amends the National Housing Act to: (1) modify requirements for the maximum principal loan obligation, changing one element in the formula from 95% to 100% of the median one-family house price in the area; and (2) limit the principal loan obligation to 100% of the appraised value of the property. Amends the National Housing Act to revise eligibility criteria for cash down payment for Federal Housing Administration (FHA) mortgage insurance. Reduces such payment from the current 3% to 1.5% of the appraised value of the property. S. 2595 - The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 would require licensing for loan originators on a national level as well as state level. Hope for Homeowners Act of 2008 - The HOPE for Homeowners Act of 2008" creates a new program within FHA to back FHA-insured mortgages to distressed borrowers. The program is built on five principles: 1. Long-term Affordability. 2. No investor or lender bailout. 3. No windfall for borrowers. 4. Voluntary Participation. 5. Restore confidence, liquidity, and transparency. Federal Housing Finance Regulatory Reform Act (FHA Housing Stabilization & Homeownership Retention Act)- Program would permit FHA to provide [up to $300 billion] in new guarantees that would help to refinance at-risk borrowers into viable mortgages. When the borrower sells the home or refinances the loan, the borrower will pay from any profits the higher of (1) an ongoing exit fee equal to 3 percent of the original FHA loan balance; or (2) a declining percentage of any profits (e.g., from 100 percent in year one to 20 percent in year five and 0 thereafter). After year five only the 3 percent exit fee will apply. HUD RESPA Proposal - C.A.R. is opposing this specific RESPA Reform proposal because of concerns that it goes beyond the original scope of the proposal, the timing of the provisions, and targeted comments that seem to be directed at specific at volume discounts, average cost pricing, price tolerances, a new definition of "required use", and a new "closing script" which must be read aloud at closing.

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

Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

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

Structure of FINRA and private sector regulation of securities industry. Arbitration of investor claims. Investor protection and investor education initiatives, including related to auction-rate securities. Regulation of non-U.S. brokers doing business in the U.S. Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

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

Modernization of the farm credit system, including commercial loan and residential mortgage eligibility, stock ownership requirements, and investment authority. Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Modernization of the farm credit system, including commercial loan and residential mortgage eligibility, stock ownership requirements, and investment authority. Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

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

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; H.R. 1424 and all other versions of the Emergency Economic Stabilization Act of 2008; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

H.R. 3915 - Mortgage Reform and Anti-Predatory Lending Act of 2007 S. 2595 - S.A.F.E. Mortgage Licensing Act of 2008 H.R. 3221 - American Housing Rescue and Foreclosure Prevention Act of 2008

Client expense: Not reported · Firm income: $100,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 3915 - Mortgage Reform and Anti-Predatory lending Act of 2007 H.R. 3221 - American Housing Rescue and Foreclosure Prevention Act S. 2595 - S.A.F.E. Mortgage Licensing Act of 2008

Client expense: Not reported · Firm income: $120,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

HR 946: Overdraft Protection Fair Practices Act HR 3012: Fair Mortgage Practices Act of 2007 HRes 526: Whereas Homeownership is an important part of realizing the America Dream HR 3081: Fairness for Homeowners Act HR 1996: Preservation of Federalism in Banking HR 3296: Mortgage Broker Transparancy and Accountability Act of 2007 HR 2871: Payday Loan Reform Act of 2007 HR 3017: Stop Fraud Act HR 2061: Predatory Mortgage Lending Practices Reduction Act HR 3133: Financial Literacy for Homeowners Act HR 1289: Community Reinvestment Modernization Act of 2007 HR 2146: Universal Default Prohibition Act of 2007 HR 1852: Expanding American Homeownership Act of 2007 HR 1752: Expanding American Homeownership Act of 2007 HR 1723: Fair FHA Appraisals Act of 2007 HR 3915: Mortgage Reform and Anti-Predatory Lending Act of 2007 HR 3837: Escrow, Appraisal, and Mortgage Servicing Improvements Act HR 3609: Emergency Home Ownership and Mortgage Equity Protection Act S 1386: Homeownership Protection and Enhancement Act of 2007 S 1299: Borrower's Protection Act of 2007 S 1309: Universal Default Prohibition Act of 2007 S 1222: Stop Fraud Act S 1395: Stop Unfair Practices in Credit Cards Act of 2007 S 947: 21st Century Housing Act S 1805: FHA Loan Limit Adjustment Act of 2007 S 2452: Home Ownership Preservation and Protection Act of 2007 S 2136: Helping Families Save Their Homes in Bankruptcy Act HR 3221: Foreclosure Prevention Act of 2008 HR 5830: FHA Housing Stabilization and Homeownership Retention Act HR 5776: Homeowner Empowerment Act HR 5679: Foreclosure Prevention and Sound Mortgage Servicing Act HR 5678: Neighborhood Rescue and Stabilization Act HR 5649: Home Owners' Loan Corporation for the 21st Century Act HR 5579: Emergency Mortgage Loan Modification Act HR 5572: Helping Communities Act HR 5500: Foreclosure Credit Forgiveness Act HR 3648: Mortgage Forgiveness Debt Relief Act S 2753: Credit Card Reform Act S 2595: S.A.F.E. Mortgage Licensing Act S 2542: Credit Card Minimum Payment Notification Act S 2455: Community Foreclosure Assistance Act S 2411: Credit Card Safety Star Act S 2153: Mortgage Disclosure Improvement Act S 2036: Protecting Access to Safe Mortgages Act HR 5244: Credit Cardholders' Bill of Rights Act HR 4135: Family Foreclosure Rescue Corporation Act H.R.6076-Home Retention and Economic Stabilization Act of 2008 HR 6254 -Temporary FHA Direct Endorsement Lender Participation Act of 2008

Client expense: $120,000 · Firm income: Not reported

Government targets: Defense, Dept of (DOD), Federal Deposit Insurance Corporation (FDIC), Federal Housing Finance Agency (FHFA), Federal Reserve System, Government Accountability Office (GAO), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), Natl Credit Union Administration (NCUA), Office of Thrift Supervision (OTS), Office of the Comptroller of the Currency (OCC), SENATE, Treasury, Dept of

Legislation and policies pertaining to the regulation of the securities industry and structure of the self-regulatory system, investor protection, and financial literacy. Licensing and regulation of mortgage brokers, including S. 2595, S.A.F.E. Mortgage Licensing Act of 2008.

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

Government targets: Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of

FHA and GSE reform and modernization, FHA and GSE loan limits, mortgage broker participation in FHA: (H.R. 1852/S.2338/H.R. 5140/H.R. 3221/H.R. 1427) Mortgage reform: Combating Predatory Lending, Preserving Yield Spread Premium, regulating mortgage originators (H.R. 3915/S. 2452/S. 2595)

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

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

FHA and GSE reform and modernization, FHA and GSE loan limits, mortgage broker participation in FHA: (H.R. 1852/S.2338/H.R. 5140/H.R. 3221/H.R. 1427) Mortgage reform: Combating Predatory Lending, Preserving Yield Spread Premium, regulating mortgage originators (H.R. 3915/S. 2452/S. 2595)

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

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

Modernization of the farm credit system, including commercial loan and residential mortgage eligibility and stock ownership requirements. Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Modernization of the farm credit system, including commercial loan and residential mortgage eligibility and stock ownership requirements. Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Housing foreclosure legislative proposals (e.g., H.R. 3221, Housing and Economic Recovery Act; H.R. 5830, FHA Housing and Homeowner Retention Act; H.R. 5818, Neighborhood Stabilization Act): local government activities. Difficult Development Area designation administrative and policy issues. S. 2666, Affordable Housing Investment Act. S. 2595, SAFE Mortgage Licensing Act. HR. 840/S. 1518, McKinney-Vento reauthorization.

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

Government targets: Energy, Dept of, General Services Administration (GSA), HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), SENATE, Transportation Security Administration (TSA)

Regulation of the securities industry and the structure of the self-regulatory system; investor protection and education. Licensing and regulation of mortgage brokers, including S. 2595, S.A.F.E. Mortgage Licensing Act of 2008.

Client expense: $190,000 · Firm income: Not reported

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

H.R.1427 Federal Housing Reform Act of 2007. All Provisions. GSE Reform. H.R.44 Stabilizing Affordable Housing for the Future Act. All Provisions. Preserves affordable housing opportunities for low-income families. H.R.526 Supporting home ownership and responsible lending. All Provisions. Supports home ownership and responsible lending. S. 2736 Section 202 Supportive Housing for the Elderly Act of 2008. All Provisions. Amends section 202 of the Housing Act of 1959 to improve the program under such section for supportive housing for the elderly, and for other purposes. H.R.4735. Tenant Protection in Foreclosure Act of 2007. All Provisions. Amends the Truth in Lending Act to protect tenants' interests in foreclosure proceedings. S.2595 S.A.F.E. Mortgage Licensing Act of 2008. All Provisions. Creates a national licensing system for residential mortgage loan originators, to develop minimum standards of conduct to be enforced by State regulators, and for other purposes. S.1100, Federal Housing Enterprise Regulatory Reform Act of 2007. All provisions. Addresses the regulation of secondary mortgage market enterprises. S. 1222, Stop Fraud Act. All provisions. Stops mortgage transactions which operate to promote fraud, risk, abuse, and under-development. H.R.1289, Community Reinvestment Modernization Act of 2007. All provisions. Enhances the availability of capital and credit for all citizens and communities. S.1299, Borrower's Protection Act of 2007. All provisions. Establishes fiduciary duty for mortgage brokers and originators; establishes standards to assess a consumer's ability to repay. S.1985, Capital Access for Senior Homeowners Act of 2007. All Provisions. Improves access of senior homeowners to capital. S.2036, Protecting Access to Safe Mortgages Act. All Provisions. Raises conforming loan limits, portfolio caps for Freddie Mac & Fannie Mae. H.R.2061, Predatory Mortgage Lending Practices Reduction Act (Consumer Fairness Act). All Provisions. Protects home buyers from predatory lending practices. S.2114, American Home Ownership Preservation Act of 2007. All Provisions. Enhances disclosures and regulation ofloan originations; state grants. S.2153, Mortgage Disclosure Improvement Act of 2007. All Provisions. Enhances disclosure of the terms of home mortgage loans. S.2169, PROMISE Act. All Provisions. Temporarily increases the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans. S.2201, Home Ownership Mortgage Emergency Act. All Provisions. Penalty-free use of retirement funds for mortgage delinquency relief. S.2296, Mortgage Disclosure Enhancement Act of 2007. All Provisions. Provides for improved disclosures by all mortgage lenders at the loan approval and settlement stages of all mortgage loans. S.2346, PROMISE Act. All Provisions. Temporarily increases the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans. S.2391, Government Sponsored Enterprise Mission Improvement Act. All Provisions. Provides for affordable housing relief. S.2452, The Homeownership Preservation and Protection Act of 2007. All Provisions. Protection to consumers with respect to celiain high-cost loans. H.R. 2895, National Affordable Housing Trust Fund Act of 2007. All Provisions. Establishes National Affordable Housing Trust Fund in the Treasury. H.R.3012, Fair Mortgage Practices Act of 2007. All Provisions. Provides for the establishment of fair mortgage practices; subprime mortgages: provides a national system for licensing or registering residential mortgage loan originators. H.R.3081, Fairness for Homeowners Act of 2007. All Provisions. Protects consumers from certain practices in connection with the origination of consumer credit transactions secured by the consumer's principal dwelling. H.R. 3296, Mortgage Broker Transparency and Accountability Act of 2007. All Provisions. Amends the Truth in Lending Act: establishes transparency and accountability requirements for mortgage brokers. H.R.3526, To include all banking agencies within the existing regulatory framework- Section I. Amends the Internal Revenue Code to make permanent tax deductions for mortgage insurance premiums. H.R.5153 Conforming Loan Limit Temporary Adjustment Act of 2008. All Provisions. To increase temporarily the conforming loan limits of Fannie Mae & Freddie Mac in certain areas, enhance mortgage market liquidity. H.R.5500. Foreclosure Credit Forgiveness Act of 2008. All Provisions. Amends the Fair Credit Reporting Act to provide forbearance from foreclosures of subprime mortgages in the determination of a consumer credit score. S.2523, National Affordable Housing Trust Fund Act of 2007. All Provisions. Seeks to establish the National Affordable Housing Trust Fund in the Treasury of the United States to provide for the construction, rehabilitation, and preservation of decent, safe and affordable housing for low-income families. H.R. 3535, Homebuyer's Protection Act of 2007. All Provisions. Requires escrow accounts for the payment of property taxes and insurance for all subprime loans, and expands the coverage of the appraisal requirements. H.R.3557, Restore American Dream Act of 2007. All Provisions. The establishment of, and the deduction of contributions to, homeownership plans. H.R.3587, Homeowners' Emergency Mortgage Assistance Act. All Provisions. Establishes a program to assist homeowners experiencing unavoidable, temporary difficulty making payments on mortgages insured under the National Housing Act. H.R.3609, Emergency Home Ownership and Mortgage Equity Protection Act. All provisions. Modifies certain mortgages on principal residences. H.R.3666, Foreclosure Prevention and Homeownership Protection Act. All Provisions. Seeks partisan commission to perform a comprehensive examination of the current foreclosure and mortgage lending crisis. H.R.3705, Fair Disclosure for Homeowners Act of 2007 . All Provisions. Requires notice to consumers of an upcoming adjustment or reset date with respect to hybrid ARMs. H.R.3740, ASPIRE Act. All Provisions. Provides every newborn with a $500 Savings Account for education/retirement purposes. H.R.3777, Protecting Access to Safe Mortgages Act. All provisions. Temporarily raisees confOlming loan limits in high cost areas and portfolio caps applicable to Freddie Mac and Fannie Mae, provides the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, prime loans, to preserve liquidity in the mortgage lending markets. H.R.3813, Mortgage Kickback Prevention Act of 2007. All provisions. Prohibits mortgage originators from receiving incentive compensation that variesfrom terms of a res. mortgage loan, and from steering consumers to residential mortgage loans not in the consumers' best interest. H.R.3837, Escrow, Appraisal, and Mortgage Servicing Improvements Act. All provisions. Requires escrows for certain mortgages,loans, improves mortgage servicing, promotes sustainable homeownership opportunities, enhances appraisal quality and standards, provides better appraisal oversight, mitigates appraiser pressure. H.R.3894, Negative Amortization Mortgage Loan Transparency Act. All Provisions. Establishes requirements for providing negatively amortizing mortgage loans to first-time borrowers. H.R.3915, Mortgage Reform and Anti-Predatory Lending Act of 2007. All provisions. Reforms consumer mortgage practices and provides accountability for such practices, establishes licensing and registration requirements for residential mortgage originators, provides certain minimum standards for consumer mortgage loans. H.R.4019, Mortgage Disclosure Improvement Act of 2007. All provisions. Enhances disclosure of the terms of home mortgage loans. H.R.4135, Family Foreclosure Rescue Corporation Act. All Provisions. Establishes the Family Foreclosure Rescue Corporation to provide emergency relief to refinance home mortgages of homeowners in foreclosure or default. H.R.4178, Emergency Mortgage Loan Modification Act of 2007. All Provisions. Removes an impediment to troubled debt restructuring on the patt of holders of residential mortgage loans. S.2399, Financial Education and Counseling Assistance Act of 2007. All provisions.Seeks to expancd and improve housing counseling services by increasing financial education and counseling services available to homeowners and prospective homebuyers in financial turmoil or who seek credit or other personal financial assistance, and for other purposes. S.2490, Reverse Mortgage Proceeds Protection Act. All Provisions. Seeks to prohibit authorized lenders of home equity conversion mortgages from requiring seniors to purchase an annuity with the proceeds of a reverse mortgage, and to provide other consumer protections to reverse mortgage borrowers.

Client expense: $1,204,000 · Firm income: Not reported

Government targets: Federal Housing Finance Agency (FHFA), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Treasury, Dept of, Veterans Affairs, Dept of (VA), White House Office

Housing foreclosure legislative proposals (e.g., H.R. 3221, Housing and Economic Recovery Act; H.R. 5830, FHA Housing and Homeowner Retention Act; H.R. 5818, Neighborhood Stabilization Act): local government activities. S. 2595, SAFE Mortgage Licensing Act. H.R. 840 / S. 1518, McKinney-Vento reauthorization. HUD Mark-to-Markets program administrative issue resolution.

Client expense: Not reported · Firm income: $90,000

Government targets: Army, Dept of (Corps of Engineers), Bureau of Justice Assistance, Defense, Dept of (DOD), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Justice, Dept of (DOJ), Natl Park Service (NPS), Navy, Dept of, Office of Justice Program, Office of Juvenile Justice & Delinquency Prevention, SENATE, Substance Abuse & Mental Health Services Administration (SAMHSA), Transportation, Dept of (DOT)

Housing foreclosure legislative proposals (e.g., H.R. 3221, Housing and Economic Recovery Act). S. 2595, SAFE Mortgage Licensing Act. H.R. 840/S. 1518, McKinney-Vento reauthorization.

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

Government targets: Agriculture, Dept of (USDA), Army, Dept of (Corps of Engineers), Environmental Protection Agency (EPA), Federal Emergency Management Agency (FEMA), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), SENATE, Transportation, Dept of (DOT)

S. 2595, H.R. 5140, H.R. 3221, Federal Reserve Board's amendments to HOEPA, HUD's amendments to RESPA S. 2595 - The SAFE Mortgage Licensing Act of 2008, all provisions relating tot he creatino of a mortgage licensing system and registry. H.R. 5140 - Recovery Rebates and Economic Stimulus for the American People Act of 2008, all provisions relating to increased FHA and GSE limits H.R. 3221 - The Foreclsoure Prevention Act of 2008, all provisions relating to FHA Modernization The Federal Reserve Board's proposed amendments to the Home Owernship & Equity Protection Act, all provisions relating to mortgage broker disclosure. The Department of Housing & Urban Development's proposed amendments to the Real Estate Settlement Procedures Act, all provisions relating to mortgage broker disclosures and other changes to the Good Faith Estimate.

Client expense: $504,518 · Firm income: Not reported

Government targets: Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Small Business Administration (SBA)

H.R. 3221; Federal Reserve Board's proposed Amendments to HOEPA; HUD's proposed amendments to RESPA, S. 2595 H.R. 3221 - The Foreclosure Prevention Act of 2008, all provisions relating to FHA Modernization The Federal Reserve Board's proposed amendments to the Home Ownership & Equity Protection Act, all provisions relating to mortgage broker disclosures The Department of Housing & Urban Development's proposed amendments to the Real Estate Settlement Procedures Act, all provisions relating to mortgage broker disclosures and other changes to the Good Faith Estimate. S. 2595 - The SAFE Mortgage Licensing Act of 2008, all provisions relating to the creation of a mortgage licensing system and registry.

Client expense: $504,518 · Firm income: Not reported

Government targets: Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE, Small Business Administration (SBA)

H.R.6521, the Federal Housing Finance Regulatory Reform Act H. R. 3609, the Emergency Home Ownership and Mortgage Equity Protection Act of 2007 H.R. 6076, the Home Retention and Economic Stabilization Act of 2008 H.R. 3221/S. 2636, the Foreclosure Prevention Act of 2008 S.2595, the Secure and Fair Enforcement SAFE Mortgage Licensing Act H.R. 5679, the Foreclosure Prevention and Sound Mortgage Servicing Act of 2008 S. 2136, the Helping Families Save Their Homes in Bankruptcy Act S. 1789, Departments of Transportation and Housing and Urban Development Appropriations bill H.R.4051/S. 1923, the Housing Assistance Authorization Act of 2007 H.R. 5818, the Neighborhood Stabilization Act of 2008

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

Government targets: Agriculture, Dept of (USDA), Education, Dept of, HOUSE OF REPRESENTATIVES, Health Resources & Services Administration (HRSA), Homeland Security, Dept of (DHS), Justice, Dept of (DOJ), SENATE

Legislation related to subprime lending, housing foreclosures. H.R. 3221: Foreclosure Prevention Act of 2008: S.2595: Secure and Fair Enforcement for Mortgage Licensing Act of 2008: H.R. 3915: Mortgage Reform and Anti-Predatory Lending Act of 2007; S. 2452: Home Ownership Preservation and Protection Act of 2007

Client expense: Not reported · Firm income: $90,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE, Treasury, Dept of, White House Office

H.R. 3221 Housing & Economic Recovery Act of 2008 H.R. 3915 Mortgage Reform & Anti-Predatory Lending Act of 2007 S. 2452 Home Ownership Preservation & Protection Act of 2007 S. 2595 S.A.F.E. Mortgage Licensing Act of 2008

Client expense: Not reported · Firm income: $70,000

Government targets: HOUSE OF REPRESENTATIVES, SENATE

H.R. 3915 - Mortgage Reform and Anti-Predatory Lending Act of 2007 S. 2595 - S.A.F.E. Mortgage Licensing Act of 2008 H.R. 3221 - American Housing Rescue and Foreclosure Prevention Act of 2008

Client expense: Not reported · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, SENATE

Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

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

Structure of FINRA and private sector regulation of securities industry. Arbiration of investor claims. Investor protection and investor education initiatives. Regulation of non-U.S. brokers doing business in the U.S. Licensing and regulation of mortgage brokers, including S 2595, the "Secure and Fair Enforcement for Mortgage Licensing Act of 2008" and HR 3221, the "American Housing Rescue and Foreclosure Prevention Act of 2008."

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

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

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE

Lobby for appropriate treatment of timeshare consumer lending, including specifically with regard to TILA (Truth in Lending Act) provisions, and loan originator and other licensing and registration requirements, in any mortgage lending legislation, including in: H.R. 3915, the Mortgage Reform and Anti-Predatory Lending Act of 2007; (see addendum page) S. 2452, the Home Ownership Preservation and Protection Act of 2007; H.R. 5857, the Homeownership Protection and Housing Market Stabilization Act of 2008; S. 2595, the Secure and Fair Enforcement for Mortgage Licensing Act of 2008; H.R. 5830, the FHA Housing Stabilization and Homeowner Retention Act of 2008; H.R. 5818, the Neighborhood Stabilization Act of 2008; H.R. 3221, the Foreclosure Prevention Act of 2008; and the May 20th Senate Banking Committee mark-up and passage of The Federal Housing Finance Regulatory Reform Act of 2008, now part of H.R. 3221. Monitor regulatory activity by appropriate agencies regarding same issues, for same purpose.

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

Government targets: Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE