Real Estate Finance Committee
San Carlos Room III - Mezzanine Level
Marriott Hotel
Monterey, CA
Thursday, January 22, 2009
9:00 AM – 11:30 AM

Presiding:
Skip Zeleny, Chair
Ed Herold, Vice Chair
Linda Lee, Vice Chair
Bill Jansen, Executive Committee Liaison
Jeannette Way, NAR Committee Representative
Bielle Moore, GAD Liaison

Staff:
Stan Wieg, Staff Vice President
Matt Roberts, Federal Government Affairs Manager

I. Opening Comments

II. State Legislative Issues

A. Evaluating Proposals for Sponsored Legislation*

B. State Pre-emption of Foreclosure Property Maintenance - Possible Legislation*

C. "Shortclosure" Proposed Sponsored Legislation*

D. Mortgage Broker Regulation
 
1. S.A.F.E. Act implementation; loan originator license*
2. AB 32 (Nava); Financial Agencies Consolidation
3. AB 33 (Nava); Mortgage loan originator licensing

E. Governor's Foreclosure Restriction and Loan Workout Proposal

F. Legislation of Others

III. Federal Issues

A. Action Item

1. Bankruptcy Reform

B. Discussion

1. 111th Session of Congress Agenda
a. Stimulus Package
b. GSE Reform
c. Financial Regulation Reform

2. RESPA

C. Reporting Items

1. Flood Insurance
2. Banks in Real Estate
3. New HUD Secretary
4. GSE Appraisal Deal with NY AG

VII. Other Business

A. How a Bill Becomes Law
B. Government Acronym

VIII. Adjournment