Agenda
Agenda - Real Estate Finance Committee
Hyatt Grand Champions Hotel
Indian Wells Ballroom, Joshua Tree Room
Indian Wells, California
Thursday, January 24, 2008
9:00 am – 11:30 amPresiding:
Patricia Bouie Hinds, Chair
Jimmy La Peter, Vice Chair
Quincy Virgilio, Vice Chair
Malcolm Bennett, Executive Committee Liaison
Beth Peerce, N.A.R Committee Representative
DianeCarlton, GAD LiaisonC.A.R. Staff:
Matt Roberts, Federal Government Affairs Manager
Dave Milton, Legislative AdvocateI. Opening CommentsII. Troubled Mortgage/Foreclosure Task Force ReportIII. NAR Special Guest
A. Jeff Lischer, Manager, NAR Financial ServicesVI. State IssuesA. C.A.R. Sponsored Legislation
1. AB 1356 (Houston) Agents of Equity PurchasersB. 2007 Legislation of Others; must be voted out of the “House of Origin” not later than January 21, 20089, to “stay alive” in 20081. AB 588 (Deleon) Credit History and Public Utilities
2. AB 628 (Price) Residential Mortgage Loan and Gift Prohibitions
3. AB 1538 (Lieu) California Housing Trust Fund; Home Loan Refinance
4. AB 1677 (Calderon, C.) Internet Banking TransactionsC. Bill Enacted in 20071. SB 385 (Machado) Real Estate MortgagesV. Federal IssuesA. Action Items1. National Affordable Housing Trust Fund
2. FHA Risk Based Pricing
3. National Flood Insurance Program; Non-Primary Residence Subsidies and Wind CoverageB. Discussion/Reporting Items1. Subprime Mortgage Reform
2. National Disaster Insurance
3. Banks in Real Estate
4. Industrial Loan CompaniesVI. FHA IssuesA. FHA ReformVII. VA &HUD IssuesA. RESPA Reform
B. Home Ownership Opportunities for VeteransVIII. Fannie Mae & Freddie Mac IssuesA. High-Cost Conforming Loan Limit & GSE ReformIX. Other BusinessX. Adjournment
