Agenda - Real Estate Finance Committee

Marriott Hotel
Marquis Ballroom South
Anaheim, California
Thursday, October 11, 2007
9:00 am – 11:30 amPresiding:
Mike Donohoe, Chair
Patricia Bouie Hinds, Vice Chair
Greg Galli, Vice Chair
Susan Tilling, Executive Committee Liaison
Judy Zeigler, N.A.R Committee Representative
Diane Carlton, GAD LiaisonC.A.R. Staff:
Matt Roberts, Federal Government Affairs Manager
Dave Milton, Legislative AdvocateI. Opening Comments

II. State Issues

A. C.A.R. Sponsored Legislation AB 1356 (Houston)

B. Other Legislation
1. General Bills of interest
a. AB 588 (DeLeon)
b. AB 628 (Price)
c. AB 941 (Torrico)
d. AB 1677 (Calderon, C.)
2. Nonconforming Loan/Subprime Loan Bills
a. SB 385 (Machado)
b. AB 1538 (Lieu)

C. State Administrative Activity
1. Business, Transportation & Housing(BT&H) Agency Consumer Home Mortgage Information Website

III. Federal Issues

A. Discussion/Reporting Items
1. Subprime andPredatory Lending
2. Federal Financial Regulatory Agencies Issue Final State on Subprime Mortgage Lending
3. FICO Piggybacks
4. National Disaster Insurance
5. Banks in Real Estate
6. Industrial Loan Companies
7. Flood Insurance

IV. FHA Issues
A. FHA Reform
B. FHA Manufactured Housing

V. VA & HUD Issues
A. National Affordable Houisng Trust Fund
B. VA Loan Limits

VI. Fannie Mae & Freddie Mac Issues
A. High-Cost Conforming Loan Limit & GSE Reform

VII. Other Business

VIII. Adjournment