Real Estate Finance Committee Marriott Hotel Marquis Ballroom Northeast Anaheim, CA Thursday, January 26, 2006 9:00 AM – 11:30 AMPlease Note: Only the C.A.R. Board of Directors may take action on behalf of the California Association of REALTORS®; not individual committees. The Summary of Action Items for the Board of Directors may be found athttp://www.car.org/index.php?id=MzU5MDU=.The archive section for each committee, including meeting materials for each committee, may be found at https://www.car.org/index.php?id=MjMy. Set out below is a summary of Real Estate Finance Committee activity, including the additional action on those items (if any) by other C.A.R. bodies.
CALL TO ORDER
The Chair convened the meeting of the Real Estate Finance Committee at 9:00 AM.
AGENDA ITEMSAll agenda items were discussed as listed.ACTION ITEM - Mission Statement Update:
The mission of the committee is to review and recommend positions on proposed legislation and regulatory actions affecting the broad area of real estate financing, including federal housing credit programs, state and local housing finance agencies and secondary mortgage markets. It develops programs and policy recommendations on regulation and legislation designed to preserve and enhance California’s real estate financing needs. It reports to the Legislative Committee and/or the Federal Issues Committee as appropriate, the Executive Committee and the Board of Directors. (January 2006)