Agenda
Agenda - Federal Issues Committee
Marriott Hotel
Grand Ballroom – Salon G/H/J
Anaheim, CA
Thursday, October 11, 2007
3:00 PM – 5:00 PMPresiding:
Malcolm Bennett, Chair
J. Michael Roberts, Vice-Chair
Jeanne Garde, Vice-Chair
Susan Tilling, Executive Committee Liaison
Heath Hilgenberg, NAR Committee Representative
Paul Cardus, GAD Liaison
C.A.R. Staff:
Matt Roberts, Federal Governmental Affairs Manager
Jeff Keller, Public Policy AnalystI. Opening CommentsII. Guest Speaker: Jerry Giovaniello, Chief Lobbyist for NARIII. Report of Action Items from Reporting CommitteesA. Real Estate Finance
B. Taxation
C. Land Use and Environment
D. Equal Opportunity – Cultural Diversity
E. Housing Opportunity
F. Commercial InvestmentIV.First Impression IssuesA. Action Items:
1. Bankruptcy Laws
B. Discussion/Reporting Items:
1. Data Security
2. FTC Issues Warning on Deceptive Mortgage Ads
3. Retirement Visas
4. Terrorism Risk InsuranceV. Taxation IssuesA. Discussion/Reporting Items:
1. Carried Interest
2. 1031 Exchange Accommodators
3. Mortgage Cancellation
4. Qualified Veteran Mortgage Bonds
5.FIRPTA
6. 1031 Exchanges
7. Mortgage Insurance Premium Deduction
8. Employer Housing Downpayment Assistance
9. Tax Reform and AMT
10. Internet Taxation
11. Tax Gap
VI. Real Estate Finance IssuesA. Discussion/Reporting Items:
1. Subprime and Predatory Lending
2. Federal Financial Regulatory Agencies Issue Final Statement on Subprime Mortgage Lending
3. FICO Piggybacks
4. Natural Disaster Insurance
5. Banks in Real Estate
6. Industrial Loan Companies
7. Flood Insurance
8. FHA Issues
a. FHA Reform
b. FHA Manufactured Housing
9. VA & HUD Issues
a. Nation Affordable Housing Trust Fund
b. VA Loan Limits
10. Fannie Mae and Freddie Mac
a. High Cost Conforming Loan Limit and GSE Reform
VII. Land Use & Environment Issues
A. Discussion/Reporting Items:
1. EndangeredSpecies
2. Eminent Domain
VIII. New BusinessIX. Adjournment
