Agenda
AgendaReal Estate Finance Committee
Sheraton Grand Hotel
Grand Nave Ballroom, Gardenia Room
Sacramento, CA
Thursday, June 8, 2006
9:00 AM - 11:30 AMPresiding:
J. Michael Roberts, Chair
Mike Donohoe, Vice-Chair
Maggie Hickman, Vice-Chair
Jeannette Way, Executive Committee Liaison
Judy Zeigler, NAR Committee Representative
Dave Stefanides, 2006 GAD Committee LiaisonC.A.R. Staff:
Matt Roberts, Federal Governmental Affairs Manager
Ron Kingston, Legislative AdvocateI. Opening CommentsII. Approvalof Previous Meeting’s NotesIII. State IssuesA. Discussion/Reporting Items:1. AJR 32 (Arambula) Qualified veteran mortgage bonds.
2. AJR 47 ( Mark Ridley-Thomas) CA Housing Affordability.
3. AB 2416 ( Torrico) Appraiser Fees.
4. Other
IV. Federal Issues
A. Action Items:
1. FHA Risk Base Pricing
2. FHA Home Equality Conversion
B. Discussion/Reporting Items:
1. Natural Disaster Insurance
2. Community Choice Real Estate
3. OCC Ruling Allowing Banks to Develop Real Estate
4. Wal-Mart Bank
5. National Flood Insurance Program Reform
6. Predatory & Subprime Lending
7. IRS Ruilng on Down Payment Assistnace Organizations
8. Alternative Mortgage Products & Proposed Federal Guidelines
V. FHA Issues
A. FHA ReformVI. VA & HUD Issues
A. RESPA
B. Qualified Veteran Mortgage Bond VII. Fannie Mae and Freddie Mac
A. GSE Oversight & High-Cost Conforming Loan Limits
B. Fannie Mae Rudman Report
VIII. New Business
IX. Adjournment
