morpac 2016 mid-year report
TRANSCRIPT
morpac.org
SAFEGUARDING THE REAL ESTATE FINANCE COMMUNITY
16605
MORPAC 2016
Mid-Year Report
PAGE 2 MORPAC 2016 MID-YEAR REPORT
TABLE OF CONTENTS
Welcome � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 3
2016 MORPAC Company Campaigns � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 4
Contributors � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � 5
Mortgage Action Alliance � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �13
Fundraising Metrics � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �14
Legislative and Political Update � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �15
MORPAC Disbursements � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �20
MORPAC Steering Committee � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �22
Legislative and Political Affairs Staff � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � � �23
MORPAC 2016 MID-YEAR REPORT PAGE 3
FRIENDS,The Mortgage Bankers Association continues to be among the most sophisticated and effective
trade associations in Washington, DC and that is in no small part because of your continued
support of MORPAC, MBA’s political action committee.
I am proud to announce that, due to your support, 2016 has been MORPAC’s biggest year yet.
With that in mind, I am pleased to present the 2016 MORPAC Mid-Year Report.
This year, we have raised a record breaking $532,000 in individual donations, outpacing our
previous 2015 pace by over $60,000. This means MORPAC has already raised a total of $1,545,000
for the 2015-2016 political cycle — $111,000 more than any previous full cycle. Together we have
also managed to raise $117,000 in 2016 from first time MORPAC contributors.
We continue to increase our grassroots reach as well. The Mortgage Action Alliance (MAA)
currently enjoys over 12,000 active members and late last year we launched MBA’s new Action
Center, making it easier than ever for MAA members to participate in our advocacy programs.
Under the leadership of MAA Chairman Fowler Williams, we are on pace to continue MAA’s
growth through the rest of 2016.
This report lists all of the individuals and companies who have been part of our 2016 campaign.
In addition, you’ll find itemized information about the goals our political programs achieved,
and a comprehensive summary of MBA’s advocacy team’s legislative and political priorities.
I appreciate and thank you for your dedication to MBA, MORPAC and our collective public
policy goals.
Respectfully submitted,
Jamie Korus President, Alliance Home Loans2015–2016 MORPAC Chairman
PAGE 4 MORPAC 2016 MID-YEAR REPORT
2016 MORPAC COMPANY CAMPAIGNS
Thank you to the following companies for running campaigns in 2016.
Alliance Home Loans
AmeriFirst Financial, Inc�
Atlas One Financial
Cenlar FSB
Colonial Savings F� A�
Cornerstone Home Lending, Inc�
Embrace Home Loans
EverBank
Evergreen Home Loans
First American
First Continental Mortgage
George Mason Mortgage
HomeStreet Bank
Inlanta Mortgage Inc�
McLean Mortgage Corporation
Merchants Bank
MERSCORP Holdings, Inc�
Mortgage Bankers Association
Mutual of Omaha Bank
New American Funding
NOIC / Concord
P/R Mortgage & Investment Corporation
Pacific Southwest Realty Services
PrimeLending
Pulte Mortgage LLC
SWBC Mortgage
Union Home Mortgage
Universal American Mortgage Company
Walker & Dunlop
Weiner Brodsky Kider PC
Wells Fargo Home Mortgage
MORPAC 2016 MID-YEAR REPORT PAGE 5
DIAMOND LEVELDuane AndrewsClear Capital
Patricia ArvieloNew American Funding
Rick ArvieloNew American Funding
Judith Belanger, CMBCornerstone Home Lending, Inc.
Albert P� BlankUnion Home Mortgage
Brian BomarCornerstone Home Lending, Inc.
Teresa Bryce BazemoreRadian Guaranty, Inc.
Tim BullockUnion Home Mortgage
Tam BurchMcLean Mortgage Corporation
Nathan Burch, CMBMcLean Mortgage Corporation
Michelle CanterBradley Arant Boult Cummings, LLP
Paula CosgroveUnion Home Mortgage
Bill Cosgrove, CMBUnion Home Mortgage
Henry Cunningham, CMBFirst Mortgage Company, LLC
Marcia DaviesMortgage Bankers Association
Philip DeFronzoNorcom Mortgage
James Deitch, CMB, CPATeraverde Financial
Jayson DonaldsonNorthMarq Capital, LLC
James DuBoseColonial Savings, F.A.
Debra DunnSWBC Mortgage
Dale Dykema, CMBT.D. Service Company
Marlene EmersonQuicken Loans, Inc.
William EmersonQuicken Loans, Inc.
David GahmAmerifirst Financial Corporation
David GreenThe StoneHill Group, Inc.
C� William GriffinBlack Knight Financial Services
Patrick Harrigan, CMB, AMPRadian Guaranty, Inc.
Janice Huey, CMB, AMPWells Fargo Home Mortgage
Mark JonesAmerifirst Financial Corporation
Parker KennedyFirst American Mortgage Solutions
Bill KillmerMortgage Bankers Association
Jamie Korus, CMBAlliance Home Loans
Donald LampeMorrison & Foerster, LLP
Mary LopezNorthMarq Capital, LLC
Rodrigo Lopez, CMBNorthMarq Capital, LLC
William LowmanAmerican Pacific Mortgage Corporation
Ron McCord, CMBFirst Mortgage Company, LLC
J� David Motley, CMBColonial Savings, F.A.
Peter NordenHomeBridge Financial Services, Inc.
Cody Pearce, CMBCascade Financial
Eduardo Perez, CMBEquity Loans, LLC
Kurt PfotenhauerFirst American Title Insurance Company
Julie Piepho, CMB, AMPCornerstone Home Lending, Inc.
Kelly PowersAmeriFirst Financial, Inc.
Kale SalmansPrimeLending
Todd SalmansPrimeLending
Bradley ShusterNational Mortgage Insurance Corp.
David Stevens, CMBMortgage Bankers Association
Scott StewartSWBC Mortgage
Susan StewartSWBC Mortgage
Debra Still, CMBPulte Mortgage, LLC
Brian Stoffers, CMBCBRE Capital Markets
Jack ThompsonLegacy Mortgage, LLC
Joe ThorntonHFF
James TimmonsUniversal American Mortgage Company
Gregory TornquistCenlar FSB
Marsha WilliamsMortgage Resources Group, LLC
Fowler Williams, CMB, AMPCrescent Mortgage Company
Alex WishFirst Heritage Mortgage, LLC
David Zitting, CMBPrimary Residential Mortgage, Inc.
PLATINUM LEVELDirk AdamsGuaranteed Home Mortgage Company, Inc.
Tracy AdkinsAlliance Home Loans
Richard AndreanoBallard Spahr, LLP
Eric AramianAlliance Home Loans
Piero AvilesAlliance Home Loans
Bill BeckmannMERSCORP Holdings, Inc.
Jeremy BowlingUnion Home Mortgage
Jeff BraderNOIC/Concord
Scott Brader, CMBNOIC/Concord
William BrandtAlliance Home Loans
Scott BristolPrimeLending
Donald BurtonEvergreen Home Loans
Maylin CasanuevaTeraverde Financial
Marianne CollinsOhio Mortgage Bankers Association, Inc.
Thomas DennardGrandbridge Real Estate Capital, LLC
Juan FimbresAlliance Home Loans
Christopher GarzaNew American Funding
Brent Green, CMBLake Michigan Credit Union
Hamid HamrahNew American Funding
Stacey Harding, CMLCherry Creek Mortgage Co., Inc.
Milton KaravitesNew American Funding
Jane KingPlatinum Home Mortgage Corporation
John KonykWeiner Brodsky Kider, PC
George LivermoreFirst American Mortgage Solutions
Robert LotsteinLotsteinLegal, PLLC
Philip MahoneyAmerican Security
Mortgage Corp.
Kyle McCordFirst Mortgage Company, LLC
Bennett McCord, AMPFirst Mortgage Company, LLC
John MechemMortgage Bankers Association
James MilanoWeiner Brodsky Kider, PC
Drew MildrenFirst Mortgage Company, LLC
Pete MillsMortgage Bankers Association
AS OF 8/1/16
John MooreHighland Commercial Mortgage, LLC
Patrick PeavleyMcLean Mortgage Corporation
Michael Petrie, CMBP/R Mortgage & Investment Corporation
Catherine PharisWells Fargo Bank, N.A.
Daniel Phelan, CMBPacific Southwest Realty Services
A�W� PickelLeaderOne Financial Corporation
John RichterAlliance Home Loans
Joseph RogersWells Fargo Home Mortgage
Jeffrey SchmidMutual of Omaha Bank
Patrick SinksMortgage Guaranty Insurance Corporation (MGIC)
Robert Stout, CRIQ10 Capital, LLC
Craig StrentApex Home Loans, Inc.
Amy Swaney, CMBCitywide Home Loans
Candice WendlingNOIC/Concord
Eric WrightAmeriFirst Financial, Inc.
GOLD LEVEL CONTRIBUTORSTerry Aikin, CMB, AMPSynergy Appraisal Services
Daniel Aminoff, CMB, AMPUnion Home Mortgage
Brigitte AtayaNew American Funding
Melissa BellMcLean Mortgage Corporation
Richard BennionHomeStreet Bank
Teresa BetzMortgage Bankers Association
Brian BinashFirst Continental Mortgage, Ltd.
Thomas Black, AMPBlack, Mann & Graham, LLP
Karen BlakesleePrimeLending
Jeffrey BodeMid America Mortgage, Inc.
Heather BomarCornerstone Mortgage Company
James BoppPlatinum Home Mortgage Corporation
Byron BostonDynex Capital, Inc.
Edgar Bright, CMB, AMPStandard Mortgage Corporation
Tol BroomeBB&T
Don BrownOptimal Blue, LLC
Dawn BuxtonAlliance Home Loans
Keith CanterFirst Community Mortgage, Inc.
Brad CheneyMortgage Bankers Association
Chad ChurchNew American Funding
Linda ClampittCU Members Mortgage
Yvette ClermontInlanta Mortgage, Inc.
Donna ClineAlliance Home Loans
Terry ConnealyMutual of Omaha Mortgage, LLC
Robert Couch, CMBBradley Arant Boult Cummings, LLP
Clifton CrabtreeFirst Continental Mortgage, Ltd.
James Danis, CMB, AMPResidential Mortgage Corp.
Nicholas DelTortoInlanta Mortgage Inc.
Peter DeRooyUnion Home Mortgage
Leslie DeVera-DuncanPulte Mortgage, LLC
Brenda DintinoNew American Funding
Scott FennerAmeriFirst Financial, Inc.
Tari Flannery, CMBM&T Realty Capital Corporation
Mark FlemingFirst American Mortgage Solutions
Michael Fontaine, CMBPlaza Home Mortgage
Michael FratantoniMortgage Bankers Association
Rob GillonNew American Funding
Dennis GilmoreFirst American Mortgage Solutions
Scott HamlingCherry Creek Mortgage Co., Inc.
Brian Handal, CMB, AMPWells Fargo Home Mortgage
Robert HelmanUnion Home Mortgage
Brad Hollingsworth, Sr�Corporate Management Advisors, Inc.
Wesley HorbatuckNorcom Mortgage
Gary IvesPulte Mortgage, LLC
Daniel KalbAtlas One Financial
Jorge KalbAtlas One Financial
Michael KelleherEasy Mortgage Apps, LLC
Mishel KeshishianNew American Funding
Keith KleinPrimeLending
Ned KneadlerCNN Mortgage
John KnowltonInlanta Mortgage, Inc.
Aaron KoernigAlliance Home Loans
William KooperMortgage Bankers Association
Adam LairdCornerstone Home Lending, Inc.
Stewart Larsen, CMBBank of the West
Laura LeonhardInlanta Mortgage, Inc.
Regina Lowrie, CMBRML Advisors.com
Anthony LuzziSims Mortgage Funding, Inc.
Robert MacIntoshAlliance Home Loans
Don Mann, AMPMann Financial, Inc.
Ken MarkisonMortgage Bankers Association
James MountainARMOUR Residential REIT, Inc.
Jeffrey MoyerFirst American Mortgage Solutions
James MulvihillPacific Southwest Realty Services
Christine ObermayerNew American Funding
Stephen O’ConnorMortgage Bankers Association
Jose OrtegaAtlas One Financial
Bill OsborneNations Lending Corp
Natalie OverturfHomeStreet Bank
Eduardo Padilla, CMBNorthMarq Capital, LLC
Robert ParkUniversal American Mortgage Company
Andrew PerlmanFirst Continental Mortgage, Ltd.
John PetersonNew American Funding
Larry PlottMayer Brown, LLP
Eric PrestonAlliance Home Loans
Pamela RaeberKings Mortgage Services, Inc.
Marc RegoPulte Mortgage, LLC
Charles Sewright, CMAQuest Advisors, Inc.
CJ SimpsonUnion Home Mortgage
Jeremy SopkoNations Lending Corp
Erin StaffordDBRS, Inc.
Michael SteinMcLean Mortgage Corporation
PAGE 6 MORPAC 2016 MID-YEAR REPORT
PLATINUM LEVEL CONTRIBUTORS (CONTINUED)
AS OF 8/1/16
MORPAC 2016 MID-YEAR REPORT PAGE 7
Meghan SullivanMortgage Bankers Association
Michael SullivanPulte Mortgage, LLC
John SwordsFirst Continental Mortgage, Ltd.
Janice SzurUnion Home Mortgage
Thomas Tallent, CMB, AMPCendera Bank, N.A.
Herbert Tasker, CMBMason-McDuffie Mortgage Corporation
Christopher ThomsonNew American Funding
Marina WalshMortgage Bankers Association
Alexander WatkinsAlliance Home Loans
Kelley WilliamsMortgage Bankers Association
Ryan WilliamsonAlliance Home Loans
David WillmarthPulte Mortgage, LLC
CONTRIBUTORSMatthew AbbinkCU Members Mortgage
Dana Abernathy, CMB, AMPNational Mortgage Insurance Corp.
David AbrahamsonEquity Loans, LLC
Katherine AdamsColonial Savings, F. A.
Peter AdamsCenlar, FSB
Ali AhmadMortgage Bankers Association
Stephan AkinStarkey Mortgage
Donald AlbertNew American Funding
Bruce AlexanderWeiner Brodsky Sidman Nider, P.C.
Jimmy AlexanderSWBC Mortgage
Margaret AllenAGM Financial Services, Inc.
Tim Allen, CMBaboutMYmortgage.com
Matt AllsoppNew American Funding
Lisa AmatoNew American Funding
Daniel AndrewsNew American Funding
Cindy AnnisCornerstone Home Lending, Inc.
Vincent ApostolicoMcLean Mortgage Corporation
Elizabeth ArceneauxFirst Continental Mortgage, Ltd.
Julio ArtigaMcLean Mortgage Corporation
Graham AshleyColonial Savings, F.A.
Andrew AshmoreColonial Savings, F. A.
Kathy AustinMcLean Mortgage Corporation
Jamie AwtryColonial Savings, F.A.
Michael Azzarello, CMB, AMPCaliber Home Loans, Inc.
Jeanne BaderCenlar FSB
Glenda BainColonial Savings, F.A.
John BargerP/R Mortgage & Investment Corporation
Chris BarkerMcLean Mortgage Corporation
John Barkley, CRMPCentier Bank
Andrew BarnesFirst Continental Mortgage, Ltd.
Donna BarnhillColonial Savings, F.A.
Susan BarnhillCornerstone Home Lending, Inc.
Kathleen BarrettMcLean Mortgage Corporation
Robert BarryNOIC/Concord
Kathleen BattadColonial Savings, F.A.
Treg BauchertMerchants Bank
Melanie BeckettMerchants Bank
Jim BedsoleBankSouth Mortgage
West Beibers, CMBThe Commonwealth Group
Tony BejarFirst Continental Mortgage, Ltd.
Maida Bell, CMBCenlar FSB
Craig BelmondoMcLean Mortgage Corporation
Richard BelserMerchants Bank
Dennis BernardBernard Financial Group
Brenda BestColonial Savings, F.A.
Anton BestebreurtjeMcLean Mortgage Corporation
John BickfordColonial Savings, F.A.
James BlackledgeHonigman Miller Schwartz & Cohn, LLP
John Bollman, CMBCommonwealth Bank & Trust
Derek BollsCornerstone Home Lending, Inc.
Julie BouchezMerchants Bank
Vickie BourassaColonial Savings, F.A.
Craig BowdenCU Members Mortgage
Trina BowdenColonial Savings, F.A.
Noah BraderNOIC/Concord
Jamie BradleeColonial Savings, F.A.
Jan BradshawWestern Capital Realty Advisors
Mark BragawMcLean Mortgage Corporation
Glen BralleyMcLean Mortgage Corporation
Nancy BrannanColonial Savings, F.A.
Stephen BrinkFirst Southern Mortgage Corporation
Kathryn BrinsonMcLean Mortgage Corporation
Marna BrisleyMerchants Bank
James BrodskyWeiner Brodsky Kider, PC
Robin BrodskyCenlar FSB
Robert Broeksmit, CMBTreliant Risk Advisors, LLC
Bruce BrownPrimeLending
Shannon BrownMcLean Mortgage Corporation
Sabine BrowningColonial Savings, F.A.
Nathan BruserCenlar FSB
Bill BuchananMerchants Bank
Matt BukowskiFirst Continental Mortgage, Ltd.
Kimberly BuntsMcLean Mortgage Corporation
Mikhail BurdeenHomeStreet Bank
Shari BurgoInlanta Mortgage Inc.
Teri BurksNew American Funding
Jennifer Burlison, CMBFederal Home Loan Bank of Chicago
Jeremy BurnettAlliance Home Loans
Barrett BurnsVantageScore Solutions, LLC
Shirley BushColonial Savings, F.A.
Andrew ByrneColonial Savings, F.A.
Laura CadahiaColonial Savings, F.A.
Kerry CaldwellMotivity Solutions, Inc.
WH Caldwell, CMB, AMPEquifax
Todd CallMcLean Mortgage Corporation
Larry CappellettiAlliance Home Loans
Jeff CarmichaelColonial Savings, F.A.
Cliff CarnesWalker & Dunlop, LLC
Gail CarrickInlanta Mortgage, Inc.
Angelica CasasMcLean Mortgage Corporation
GOLD LEVEL CONTRIBUTORS (CONTINUED)
AS OF 8/1/16
Diane Casey-LandryCenlar FSB
Sandra CastellanosNew American Funding
Joanne CavedineNOIC/Concord
Dee CayoInlanta Mortgage Inc.
Darren ChambleeMcLean Mortgage Corporation
Christine ChandlerM&T Realty Capital Corporation
Robert ChaneyFirstBank
Joe ChapmanColonial Savings, F.A.
Penelope CharlsonInlanta Mortgage, Inc.
Susie CheathamColonial Savings, F.A.
Lori ChennaultColonial Savings, F.A.
Joey ChimentiNew American Funding
Paul ChmielinskiEverBank
Jenny Cho-WilliamsNew American Funding
Mac ChurchMcLean Mortgage Corporation
Kenneth ClarenceV.P. Clarence Company
Robert ClarkFranzen and Salzano, PC/ComplyShare, LLC
Gary Clark, CMBSierra Pacific Mortgage Company, Inc.
Michael ClaryNew American Funding
Peggy ClinganP/R Mortgage & Investment Corporation
Terri CluphfHomeStreet Bank
Kimberly CoarMerchants Bank
Sandra CoffmanCornerstone Home Lending, Inc.
Vaneesa CohenCU Members Mortgage
James CollinsFirst Southern Mortgage Corporation
Brian ConatyPrimeLending
Steve ConeColonial Savings, F.A.
Eric ContrerasColonial Savings, F.A.
Michael ConwayCenlar, FSB
Dollitta CookeFirst Continental Mortgage, Ltd.
Brent CooperAmerican Southwest Mortgage
Daniel Cooper, CMBCornerstone Home Lending, Inc.
John CopelandColonial Savings, F.A.
Marc CorvinoEmbrace Home Loans
Carolyn CraggEverBank
Barbara CraigMcLean Mortgage Corporation
Douglas CropseyUniversal American Mortgage Company
James CrossNew American Funding
Melissa CruzCU Members Mortgage
Nisha CuellarP/R Mortgage & Investment Corporation
Christine CurrieP/R Mortgage & Investment Corporation
Wayne CurtisCenlar FSB
Hoa DangColonial Savings, F.A.
Adam D’AngeloMerchants Bank
Dominic DangoraCornerstone Home Lending, Inc.
Stephen DanielsCornerstone Home Lending, Inc.
Phil DaubenmireThe Merchants Bank and Trust Co.
Brent DavisColonial Savings, F.A.
Heather DavisMerchants Bank
Michael DavisPacific Southwest Realty Services
Scott DavisMcLean Mortgage Corporation
Stephanie DavisColonial Savings, F.A.
William DavisMerchants Bank
Dennis DeGraveInlanta Mortgage, Inc.
Ben Dempsey, CMB, CPAColonial Savings, F.A.
Cathy DentonMerchants Bank
Jodi DeserranoFirst Continental Mortgage, Ltd.
Andrew DeutschleNOIC/Concord
Debra Dever, CMB, AMPColonial Savings, F.A.
Cynthia DietzInlanta Mortgage Inc.
Michael DillonUniversal American Mortgage Company
Nicole DillonCherry Creek Mortgage Co., Inc.
Frank DonnellyEverBank
Marianne DorobaCenlar, FSB
Nancy DragooColonial Savings, F.A.
Patricia DrautFirst Continental Mortgage, Ltd.
Brent DuhaimeLeaderOne Financial Corporation
Allen DumlaoCenlar FSB
Kip DunkelbergerVenture Mortgage Corporation
Michael DunlapMerchants Bank
Jeremy DuranNew American Funding
Kimberly DybvadPrimeLending
Julie DychkewichMortgage Bankers Association
Teresa EasthamColonial Savings, F.A.
Mimi EatonUnited Guaranty Corporation
Malinda EdwardsColonial Savings, F.A.
Robert Ehrman, CMBColonial Savings, F.A.
Kevin EllisFirst Continental Mortgage
Stephanie EllisColonial Savings, F.A.
Brian EndresMcLean Mortgage Corporation
Mary EngstromMerchants Bank
Linda EnnisMerchants Bank
Trevor EschrichNew American Funding
Laura Escobar
Universal American Mortgage Company
Nadia FarkasNew American Funding
Eric FarrFirst Continental Mortgage, Ltd.
John Farrell, AMPColonial Savings, F.A.
Remigio FerraraMcLean Mortgage Corporation
Dorrine FindleyColonial Savings, F.A.
Josh FinnMcLean Mortgage Corporation
Robert FisherMcLean Mortgage Corporation
John FlaaColonial Savings, F.A.
Jolean FleckAlliance Home Loans
Harold FletcherCenlar, FSB
George FleuryMcLean Mortgage Corporation
Stephen FogdallSchnader Harrison Segal & Lewis, LLP
Jessica ForbesNOIC/Concord
Erin Forbes, CMBNew American Funding
Sharla ForeColonial Savings, F.A.
Tina ForrestMcLean Mortgage Corporation
Melissa FosterColonial Savings, F.A.
Jeremy FraseNOIC/Concord
Lisa FrazierColonial Savings, F.A.
Misti FrazierAlliance Home Loans
Amanda FreemanColonial Savings, F. A.
Chad FreemanMcLean Mortgage Corporation
Willie French, Jr�Cornerstone Home Lending, Inc.
Sean FrittsMcLean Mortgage Corporation
Christopher FrostPrimary Residential Mortgage, Inc.
Frank FuentesNew American Funding
Rian Furey, CMB, AMPLoanDepot.com, LLC
PAGE 8 MORPAC 2016 MID-YEAR REPORT
CONTRIBUTORS (CONTINUED)
AS OF 8/1/16
MORPAC 2016 MID-YEAR REPORT PAGE 9
Lindsay GaddisInlanta Mortgage, Inc.
Adam GalbraithPrimeLending
Craig GallegosAlliance Home Loans
Gabriel GarciaNew American Funding
Benjamin GarrettAlliance Home Loans
Carol GassenMerchants Bank
Annie GawkowskiMortgage Bankers Association
Deborah GeorgeColonial Savings, F.A.
Scott Gillen, CMB, AMPStewart Lender Services
Alison GillespieIdaho First Bank
Bernice GillespieMcLean Mortgage Corporation
Meredith GillespieCenlar, FSB
Karen GladstoneEssent Guaranty, Inc.
Dennisa GoatsCascade Financial
Jonathan GoldmanM. Robert Goldman & Company, Inc.
Robert GonzalezNew American Funding
Rosa GossettColonial Savings, F.A.
Stephen GozdanCenlar, FSB
Vanessa GrahamColonial Savings, F.A.
Sherry GrazianoSunTrust Mortgage, Inc.
Darla GreenColonial Savings, F.A.
George GreenMortgage Bankers Association
Patrick GreenWells Fargo Home Mortgage
Shelton GreenColonial Savings, F.A.
J� Kingsley GreenlandDebtX
Eileen GreyMortgage Bankers Association
Ken GriggsNBS Financial Services
Kerry GrimmEmbrace Home Loans
James GrossMortgage Bankers Association
Kristina GrzywaczNew American Funding
Angela GuditusMcLean Mortgage Corporation
Vina GuerreroNew American Funding
Judy GuthrieFirst Continental Mortgage, Ltd.
James GuzmanNew American Funding
Nita HaasNOIC/Concord
John HaberlNew American Funding
Harry HallColliers International
Jennifer HallNOIC/Concord
Michael HallColonial Savings, F.A.
Patti HamakerP/R Mortgage & Investment Corporation
Cynthia HamiltonNew American Funding
Zachary HammanNew American Funding
Bryson HammondColonial Savings, F.A.
Kevin HannonWells Fargo Home Mortgage
Barbara HardingCenlar FSB
Helen HarperMcLean Mortgage Corporation
Debbi HarrisColonial Savings, F.A.
Scott HarrisPulte Mortgage, LLC
Jason HartColonial Savings, F.A.
Michael Heagerty, CCMSNewmark Realty Capital, Inc.
Christopher HeiseCenlar FSB
Robert HelbingPrimeLending
Max HendrickColonial Savings, F. A.
Jack HeniganColonial Savings, F.A.
Blake HeringNBS Financial Services
David HershmanMcLean Mortgage Corporation
Shawn HessMcLean Mortgage Corporation
Jeffery HillmanCenlar, FSB
David HinesP/R Mortgage & Investment Corporation
Susan HinshawMerchants Bank
Debbie HoffmanDigital Risk, LLC
Mimi HoffmanMcLean Mortgage Corporation
George HolcombFirst Continental Mortgage, Ltd.
Catherine HoltmanEmbrace Home Loans
Roger HopeFinance of America Mortgage, LLC
Max HorneColonial Savings, F.A.
Karrie HouseAlliance Home Loans
Bucky HouserArvest Bank
Bill HultmanMERSCORP Holdings, Inc.
Eugene HumphriesCornerstone Home Lending, Inc.
Renee HutsellP/R Mortgage & Investment Corporation
Deborah Imondi, CRMLORhode Island Mortgage Bankers Association, Inc.
Georgia IngallsMcLean Mortgage Corporation
Mike InselmannFirst Continental Mortgage, Ltd.
Nancy IrwinCenlar, FSB
Len Israel, CMBFlagstar Bank, FSB
Chad JacksonHomeStreet Bank
Greg JacksonCornerstone Home Lending, Inc.
Marc JalbertColonial Savings, F.A.
Nancy JarboeEmbrace Home Loans
Dawn JassoFirst Continental Mortgage, Ltd.
Jane JassoFirst Continental Mortgage, Ltd.
Adam JerulffPrimeLending
Courtney JessopColonial Savings, F. A.
Eric JohnsonInlanta Mortgage, Inc.
Matthew JohnsonColonial Savings, F.A.
Vince JohnsonColonial Savings, F.A.
Madeline Johnson, CMB, AMPMilliman, Inc.
Chris JohnstonFirst Continental Mortgage, Ltd.
Wallace JonesCU Members Mortgage
Terry Jones, CMBCherry Creek Mortgage Co., Inc.
Robert JosephPacific Southwest Realty Services
Terese Joyce, CMBAmeriHome Mortgage Company
Alexander Jung, AMPBB&T
Aaron KaczorowskiInlanta Mortgage Inc.
Matthew KaercherP/R Mortgage & Investment Corporation
Jane KananDraper & Kramer, Inc.
Kostas KavayiotidisPacific Southwest Realty Services
Lanae KeenFirst Continental Mortgage, Ltd.
Maggie Keenan IvesMcLean Mortgage Corporation
Brenda KeesFirst Continental Mortgage, Ltd.
Thomas KehoeEustis Commercial Mortgage Corporation
Mark KelbaughCenlar, FSB
Kevin KennedyNew American Funding
Lauren KenneyMortgage Bankers Association
Steve KernInlanta Mortgage, Inc.
Linda KetchersidCenlar FSB
Michael KievalWeiner Brodsky Kider, PC
Ralph KingEmbrace Home Loans
CONTRIBUTORS (CONTINUED)
AS OF 8/1/16
David Kittle, CMBThe Mortgage Collaborative
Coleen KlineColonial Savings, F.A.
Darcus KlugeColonial Savings, F.A.
Shelly KobbEverBank
Jesse KochInlanta Mortgage
Neil KolskowskiEmbrace Home Loans
Bryan KorbColonial Savings, F.A.
Theresa KorbColonial Savings, F.A.
Gregory KornMerrimack Mortgage Company, LLC.
Amanda KrebsP/R Mortgage & Investment Corporation
Marci KreighP/R Mortgage & Investment Corporation
Karen KremelInlanta Mortgage, Inc.
Hugh Kretschmer, AMPCustomers Bank
Nikki KrukovskyUnited Guaranty Corporation
Whitney KsenakP/R Mortgage & Investment Corporation
Ernest KubacakColonial Savings, F. A.
Ken KummererNexBank SSB
Beth LaChanceAmeriFirst Financial, Inc.
Lorraine LachapelleCU Members Mortgage
John LaCourColonial Savings, F.A.
Paul LacyFirst Continental Mortgage, Ltd.
Kevin LaffeyInlanta Mortgage, Inc.
Joseph LagomarcinoMcLean Mortgage Corporation
John LandryMcLean Mortgage Corporation
Nancy LanganCenlar, FSB
Johnny LantzFirst Continental Mortgage, Ltd.
Kathryn Largent CosbyColonial Savings, F.A.
Jane LarkinColonial Savings, F.A.
Mindy LatiniMortgage Bankers Association
Chris LauterbachColonial Savings, F.A.
Robert LawlerColonial Savings, F.A.
Samuel LawrenceColonial Savings, F. A.
Vu LeFirst Continental Mortgage, Ltd.
Heather LeachThe Knowledge Coop
Paul LeBasCenlar, FSB
Christen LeeColonial Savings, F.A.
Dave LeederInlanta Mortgage, Inc.
Jeffery LegginsColonial Savings, F.A.
Dalia LemusNew American Funding
Lisa LeonardMortgage Bankers Association
Patrick LeVoirInlanta Mortgage, Inc.
Gabriel LibuttiMcLean Mortgage Corporation
Henry LiebCenlar, FSB
Robert LightCenlar, FSB
Christopher LingCU Members Mortgage
Dusty LloydNew American Funding
Stephanie LockhartEverBank
Aldys LondonWeiner Brodsky Kider PC
Bryan LongshoreMcLean Mortgage Corporation
Eduardo LopezNew American Funding
Tom LorsonP/R Mortgage & Investment Corporation
Chad LoubeGeorge Mason Mortgage, LLC a Subsidiary of Cardinal Bank
Tony LoveForest City Finance Corporation
Karen LugarCornerstone Home Lending, Inc.
Gil LunsfordMcLean Mortgage Corporation
Kelly LutzCenlar, FSB
Ron LylesCenlar, FSB
Lionel LynchMortgage Bankers Association
Misty LynchFirst Continental Mortgage, Ltd.
Tracy LyonsCenlar, FSB
Chris MaasMcLean Mortgage Corporation
Darren MacDonald, CMB, AMPWells Fargo Home Mortgage
Dayna MacintoshAlliance Home Loans
James MackNew American Funding
Renee MaestasAlliance Home Loans
Patrick MageeCenlar, FSB
Kenneth MajkaColonial Savings, F.A.
Julie MajorP/R Mortgage & Investment Corporation
Michael MalloryMerchants Bank
Michael ManieriEquity Prime Mortgage
Gregory ManosNew American Funding
Connie ManuelFirst Continental Mortgage, Ltd.
Craig MarchInlanta Mortgage, Inc.
Kathy MarquardtMortgage Bankers Association
Rebecca MarshMerchants Bank
Cheryl MartinP/R Mortgage & Investment Corporation
Daniel MartinMutual of Omaha Bank
Phil MartinelliNew American Funding
Catherine MartinezColonial Savings, F.A.
Lori MarzettColonial Savings, F.A.
John MasciMcLean Mortgage Corporation
Mark MasonHomeStreet Bank
F� Allen Maulsby, CMBColonial Savings, F.A.
Jared MaxwellEmbrace Home Loans
Tracy Maynard ColeColonial Savings, F.A.
Angela MazuraMerchants Bank
Maureen McAllisterNew American Funding
Steve McAllisterD. Ansley Company, Inc.
Carolyn McCauleyCenlar, FSB
Steve McClellanFinance of America, LLC
David McCollamColonial Savings, F.A.
Denise McConvilleNew American Funding
Ginger McCurryColonial Savings, F.A.
Amanda McFaddenMcLean Mortgage Corporation
Joseph McGannCenlar, FSB
James McGeeColonial Savings, F.A.
Debbie McGregorColonial Savings, F.A.
Shaun McGuireInlanta Mortgage, Inc.
Jessica McLaughlinCU Members Mortgage
Shan McLendonColonial Savings, F.A.
Colleen MeehanColonial Savings, F.A.
Steve MeekerMerchants Bank
Mahlon MeierColonial Savings, F.A.
Sarah MeierhoferColonial Savings, F.A.
James MeltonEmbrace Home Loans
Richard MeyerNOIC/Concord
Peter MicroulisEmbrace Home Loans
Tricia MigliazzoMortgage Bankers Association
Priscilla MillberryMcLean Mortgage Corporation
Cheryl MillerEmbrace Home Loans
David MillerCenlar, FSB
Lisa MillerColonial Savings, F.A.
PAGE 10 MORPAC 2016 MID-YEAR REPORT
CONTRIBUTORS (CONTINUED)
AS OF 8/1/16
MORPAC 2016 MID-YEAR REPORT PAGE 11
Kristie MillerBurrisMcLean Mortgage Corporation
Robert MillsFirst Continental Mortgage, Ltd.
John MintonColonial Savings, F.A.
Reid MitchellColonial Savings, F.A.
Terry Mobly, CMSColonial Savings, F.A.
Nick MonardoLHM Financial Corporation dba CNN Mortgage
Daniel MonteRose Hill Group
Isela MoranColonial Savings, F.A.
Karen MoravusMcLean Mortgage Corporation
Clint MorganRuoff Home Mortgage
Jason MosesMcLean Mortgage Corporation
Jon MukaiMcLean Mortgage Corporation
Michael MullarkeyCenlar FSB
Patricia MuseGrandbridge Real Estate Capital, LLC
Angela Muxworthy, CMBNusenda Credit Union
Mary Beth NagleMcLean Mortgage Corporation
Austin NealColonial Savings, F.A.
Tim NeerColonial Savings, F.A.
Yanna NelsonHomeStreet Bank
Kimberly NewellMortgage Bankers Association
Mary NguyenCMG Financial
Lindsey NichollPacific Southwest Realty Services
Kate NicholsHomeStreet Bank
Robert NicosiaCenlar FSB
Robert NiemiBakerHostetler, LLP
David NishanMcLean Mortgage Corporation
Lauren NorthPrimeLending
Pamela NovakFirst Continental Mortgage, Ltd.
Scott NowakMortgage Bankers Association
Mike NoyesUniversal American Mortgage Company
Collin O’ConnorP/R Mortgage & Investment Corporation
Amy OdellNOIC/Concord
Jeffrey OgdenNOIC/Concord
Allison OlweilerMcLean Mortgage Corporation
Rudy OndrusNOIC/Concord
Juan Ordaz, AMPColonial Savings, F.A.
Gilbert OrozcoFirst Continental Mortgage, Ltd.
Mark OrrColonial Savings, F.A.
Ashley OrsiniMcLean Mortgage Corporation
Sheila OwensCenlar FSB
Nick Pabarcus, AMPStearns Lending, LLC.
Jeremy PageInlanta Mortgage, Inc.
Christopher PaliskaNew American Funding
Leonard PalizzaEmbrace Home Loans
Katie PaolangeliMERSCORP Holdings, Inc.
Leighton ParnellInterFirst Capital, LLC
James PassanoMcLean Mortgage Corporation
Louis PatiernoMcLean Mortgage Corporation
Andy PattersonInlanta Mortgage, Inc.
Andrew PatykulaSims Mortgage Funding, Inc.
Jerry PayneColonial Savings, F.A.
Alexandra PedroEmbrace Home Loans
Jason PerkinsConcord Mortgage Corp.
Ken PerryThe Knowledge Coop
Jill PetruzziMerchants Bank
Michael PfeiferPfeifer & De La Mora, LLP
Kevin PhelanColliers International
James Picard, CMB, AMPDenali Federal Credit Union
Debra PierceColonial Savings, F.A.
Thomas PiercyInteractive Mortgage Advisors, LLC
William PiperColonial Savings, F.A.
Mary Pirrello, AMPNexBank, SSB
Alex PirroNew American Funding
Jack PlonienColonial Savings, F.A.
Chris PodleiszekMcLean Mortgage Corporation
Jeremy PotterNorcom Mortgage
Todd Potter, CMBEnvoy Mortgage
Geoff PottsFirst Continental Mortgage, Ltd.
Kenneth PrattEmbrace Home Loans
T� Anthony PremerPacific Life Insurance Company
Michael PrescottColonial Savings, F.A.
Eric PretzlaffPrimeLending
Woodrow PriesterCenlar, FSB
Gina ProctorFirst Continental Mortgage, Ltd.
Sharron PustejovskyColonial Savings, F.A.
Jerry QuickMcLean Mortgage Corporation
Janet RaedelsMcLean Mortgage Corporation
Troy RampyUnited Guaranty Corporation
Kevin RandlesCBRE Capital Markets
Mark RaskinPrimeLending
Joan ReedHomeStreet Bank
Patricia RegaladoColonial Savings, F.A.
Nancy RehseNew American Funding
Ashley ReutherFirst Continental Mortgage, Ltd.
Kevin RiceMountain West Bank
Sabrina RichardsonCornerstone Home Lending, Inc.
J� Jeffery RiggsEssex Financial Group
Mark RobergeMERSCORP Holdings, Inc.
Berry RobersonColonial Savings, F.A.
Angie RobertsEverBank
Kimberly RobertsAlliance Home Loans
Lynnette RobertsonMcLean Mortgage Corporation
David RobinsonSunTrust Mortgage, Inc.
John RodenColonial Savings, F.A.
Christina RodriguezColonial Savings, F. A.
Jay RodriguezNew American Funding
Martin RodriguezLendPlus
Randall Rogers Jr�P/R Mortgage & Investment Corporation
Randall Rogers Sr�, CMBP/R Mortgage & Investment Corporation
Kay RoperColonial Savings, F.A.
Dan RosenColonial Savings, F.A.
Jason RothbardNew American Funding
Alicia RoundyMortgage Bankers Association
Adam RugglesFirst Continental Mortgage, Ltd.
Dustin RuhlMerchants Bank
Javier RuizNew American Funding
Sandra RuizNew American Funding
Sunshine RussellAlliance Home Loans
Dawn RyanEmbrace Home Loans
Jerra RyanCherry Creek Mortgage Co., Inc.
Mary Rzucidlo, CMBUSAA Federal Savings Bank
Omeed SalashoorHomeStreet Bank
CONTRIBUTORS (CONTINUED)
AS OF 8/1/16
Andrea SalinasColonial Savings, F.A.
Loretta SalzanoFranzen and Salzano, PC/ComplyShare, LLC
Cody SanderlinFirst Continental Mortgage, Ltd.
Kendall SargentNew American Funding
Dave SavageMortgage Coach
John SchiavoAmeriFirst Financial, Inc.
Virginia SchlectCornerstone Home Lending, Inc.
Star SchottColonial Savings, F.A.
Merrill SchulzeNew American Funding
Priscilla SchuylerPrimeLending
Janet SegarraFirst Continental Mortgage, Ltd.
Kasra ShahebrahimiAlliance Home Loans
Hovik ShahinianNew American Funding
Peter ShapiroMortgage Bankers Association
Stephen ShapiroSchnader Harrison Segal & Lewis, LLP
Beau SharkeyNew American Funding
C� Stephen Shaw, CMBPhillips Realty Capital
T� Derrick SheaAtlas One Financial
Dan SheehanInlanta Mortgage, Inc.
Louise SheninCenlar, FSB
April SherrillAlliance Home Loans
Josh SherrillAlliance Home Loans
David ShirkLotsteinLegal, PLLC
John SibalEustis Commercial Mortgage Corporation
Cynthia SimmonsCornerstone Home Lending, Inc.
Ellen SkaggsNew American Funding
Shawn SkjonsbyNew American Funding
Mike SmallingFirst Continental Mortgage, Ltd.
Char-Lee SmithMcLean Mortgage Corporation
Justin SmithColonial Savings, F.A.
Stephen Smith, CMB, AMPMortgage Investors Group
John SnellColonial Savings, F.A.
Brad SnyderFirst Continental Mortgage, Ltd.
Brian SnyderNOIC/Concord
James SnyderInlanta Mortgage, Inc.
Jay SolversonHomeStreet Bank
Michael SorohanMortgage Bankers Association
David SoudersWeiner Brodsky Kider, PC
Christy SoukhamneutStarkey Mortgage, LLP
Deborah SousaMassachusetts Mortgage Bankers Association, Inc.
Jeffrey SpahnP/R Mortgage & Investment Corporation
Sheila SpanglerMerchants Bank
Brian SpeharColonial Savings, F.A.
Debbi SpikerColonial Savings, F.A.
Carla SpraggFirst Continental Mortgage, Ltd.
Paul StaffordNew American Funding
Tim StaffordNew American Funding
Robert StanfillNew American Funding
Leonard StanleyCenlar, FSB
Larry SteeleHomeStreet Bank
Glynnis StephensColonial Savings, F.A.
William Stokes, CMBAmerican Security Mortgage Corp.
Kurt Strandson, CMPMortgage Bankers and Brokers Association of New Hampshire, Inc.
Stanley StreetStreet Resource Group, Inc.
Kevin Strickland, AMPSunTrust Mortgage, Inc.
Sheila StrongAmeriFirst Financial Corporation
Daniel Sugg, CMBCentennial Lending Group, LLC
Brian SullivanP/R Mortgage & Investment Corporation
Mary Ann Sullivan, AMPCenlar FSB
Nancy SutphenColonial Savings, F.A.
Abraham SweetSente Mortgage
W� Sue TaitanoColonial Savings, F.A.
Vernon TannerCrescent Mortgage Company
Lynn Tarantino, CRCMCenlar, FSB
H� Treak Tasker, CMB, AMPHolliday American Mortgage, LLC
Donna TateNOIC/Concord
Travis TaylorColonial Savings, F.A.
Jamie TenbergColonial Savings, F.A.
Mark Teteris, CMBOptimal Blue, LLC
Michael ThorslandVenture Mortgage Corporation
Alan Thorup, CRMPIndiana Mortgage Bankers Association, Inc.
Joseph TilleyPhillips Realty Capital
Mary TimpermanMerchants Bank
Frank TodiscoEmbrace Home Loans
Kerrie TomasiewiczSims Mortgage Funding, Inc.
Sharyn Torrisi-CartwrightPulte Mortgage, LLC
Bryan Traylor, AMPCentier Bank
Brad TrotterFirst Continental Mortgage, Ltd.
Jeff Tucker, CMB, AMPAvenue Bank
Robert TurnerColonial Savings, F.A.
Scott TwombleyNew American Funding
Mark UnangstGershman Mortgage
David UpbinMortgage Bankers Association
Helen UsitaloFirst Continental Mortgage, Ltd.
Denise VaccaroCenlar, FSB
Robert Van RaaphorstMortgage Bankers Association
Victoria VandivierP/R Mortgage & Investment Corporation
Steve VanSicklerSilver State Schools Mortgage Company
Floyd VinsonAlliance Home Loans
Doris VivensColonial Savings, F.A.
Dean Von EssenCenlar, FSB
Sabine WadeColonial Savings, F.A.
John WadleStewart Lender Services
Ian WaiteMcLean Mortgage Corporation
Jody WallFirst Continental Mortgage, Ltd.
Claudia WallaceCenlar, FSB
Janet WalterColonial Savings, F.A.
Peggy WardMcLean Mortgage Corporation
Darryl Ward, AMPSynovus Mortgage Corp.
Shelley WarholEvergreen Home Loans
John WatryInlanta Mortgage, Inc.
Ann WatsonInlanta Mortgage, Inc.
Debbie WatsonAlliance Home Loans
Derik WattsMerchants Bank
Robert WattsColonial Savings, F.A.
Kimberly WaylandMcLean Mortgage Corporation
Jay Weddle, AMPMerchants Bank
Harvey WeinerWeiner Brodsky Kider, PC
Paula WhiteMcLean Mortgage Corporation
Emily WhitstoneInlanta Mortgage, Inc.
Paige WhittecarColonial Savings, F.A.
PAGE 12 MORPAC 2016 MID-YEAR REPORT
CONTRIBUTORS (CONTINUED)
AS OF 8/1/16
SAVE THE DATE
MBA’s NATIONAL ADVOCACY CONFERENCE
JUNE 20–21, 2017 WASHINGTON, DC
THE STATS2,694 New MAA members in
2015–2016 cycle
12,000 Total Membership
26,628Total electronic communications sent to Capitol Hill and state capitals in 2015–2016 cycle
250 Capitol Hill visits with MAA members
MORTGAGE ACTION ALLIANCE (MAA)
MAA membership is at its highest point ever. Since moving to our new grassroots
advocacy platform, the response rate of MAA members to Calls to Action (CTAs)
has increased from 12 percent in 2015 to over 17 percent so far in 2016.
In 2015 and 2016 we have sent 28 CTAs on federal and state issues affecting the real
estate finance industry. In response to those CTAs, members of the real estate finance
industry have sent 26,628 communications to their elected officials on these issues.
Patricia WidermanBB&T
Pamela WidmannCenlar, FSB
Shellye WigginsFirst Continental Mortgage, Ltd.
Anna WilderFirst Continental Mortgage, Ltd.
Piper WilliamColonial Savings, F.A.
Raymond WilliamsNew American Funding
Sabrina WilliamsColonial Savings, F.A.
Stuart WilliamsFirst Continental Mortgage, Ltd.
Bill WillsColonial Savings, F.A.
Marcia Wilson, CMB, AMPColonial Savings, F.A.
Joseph WindelsSims Mortgage Funding, Inc.
Justin WisemanMortgage Bankers Association
Leslie WishMcLean Mortgage Corporation
Mary WoehrCenlar, FSB
Matt WolfUniversal American Mortgage Company
Michael WoodNBS Financial Services
Thomas WoodThomas D. Wood and Company
Ciara WoodardMerchants Bank
Mark WoolsonBB&T
Kelly WordFirst Continental Mortgage, Ltd.
Michelle WrightCU Members Mortgage
Kevin Yamane, AMPCatalyst Lending, Inc.
Stephen YarochPHH Mortgage
Chaya ZahnMortgage Bankers Association
Mitchell ZeemontNewmark Realty Capital, Inc.
Steve ZimmermanEmbrace Home Loans
Sandra ZochColonial Savings, F.A.
MORPAC 2016 MID-YEAR REPORT PAGE 13
CONTRIBUTORS (CONTINUED)
PAGE 14 MORPAC 2016 MID-YEAR REPORT
FUNDRAISING METRICS As of August 1, 2016.
In 2016 alone, MORPAC has raised
$532,000IN HARD DOLLARS — OVER $60,000 MORE THAN WE HAD RAISED THUS FAR IN 2015
RESIDENTIAL
OTHER
COMMERCIAL
2016 MORPAC dollars have come from all areas of the industry
MORPAC has raised nearly
$120,000IN NEW DOLLARS IN 2016
So far in the 2015–2016 political cycle MORPAC has raised
$1,545,000$111,000 MORE THAN WE’VE EVER RAISED IN A SINGLE 2 YEAR CYCLE
Other interesting MORPAC statistics from 2016:
$605AVERAGE $ CONTRIBUTION
PER DONOR
875UNIQUE CONTRIBUTORS TO
MORPAC IN 2016
MORPAC 2016 MID-YEAR REPORT PAGE 15
LEGISLATIVE AND POLITICAL UPDATE
Congress adjourned on July 15 for a long summer recess
prior to the political conventions, signaling that election
“silly season” is officially in full swing. They will return after
Labor Day for a brief September session when they will
need to complete work on the annual appropriations bills
and pass a stop-gap measure to keep the government’s
lights on before returning to the campaign trail in October.
Since our last update, House Financial Services Committee
Chairman Jeb Hensarling (R-TX) has unveiled his “Financial
CHOICE Act” (details below), and MBA has continued
to urge Congress to support key GSE reform transition
steps while opposing efforts to recapitalize Fannie Mae
and Freddie Mac. We also continue to beat the drums
on regulatory relief, SAFE Act changes, and changes to
the FHFA’s FHLB membership rule. Given the political
obstacles to making even the most miniscule Dodd Frank
Act changes, much of this remains level setting for the
next occupant of the White House, whoever that may be
— or possibly the “lame duck” session of this Congress
in November/December.
MBA Presence at Political ConventionsMBA staff and officers attended both the Republican
and Democratic National Conventions in Cleveland and
Philadelphia, respectively. At both events, MBA partnered
with other real estate trade groups to host policy forum
brunches in conjunction with the media outlet, The Hill,
with MBA CEO Dave Stevens also discussing mortgage
finance policy at the DNC with POLITICO. MBA also
partnered with the Terwilliger Foundation and Radian
to host housing-focused events during each convention.
GSE ReformIt remains abundantly clear at this point that comprehen-
sive GSE reform will not be addressed this year, punting
the issue until sometime after the elections (absent a
crisis such as a Treasury draw). Still, the issue contin-
ues to percolate on Capitol Hill, and HFSC Chairman
Hensarling has signaled an interest to work with some
of the committee’s Democrats on narrower legislation
that would address a GSE risk sharing pilot program.
As mentioned above, MBA continues to urge Congress to
support key GSE reform transition steps while opposing
efforts to recapitalize Fannie Mae and Freddie Mac. To
this end, Senators Bob Corker (R-TN) and Mark Warner
(D-VA) spearheaded a letter from six Senators to FHFA
Director Mel Watt in early July. The letter urges FHFA
to avoid taking steps that may facilitate the release of
Fannie and Freddie out of conservatorship without com-
prehensive reform. Senators Mike Crapo (R-ID), Dean
Heller (R-NV), John Tester (D-MT), and Heidi Heitkamp
(D-MT) also signed the letter, which further urges FHFA
to continue to take transition steps that would facilitate
reform, and expresses the Senators’ hope that housing
finance reform will be on the agenda in the next Congress.
Uniform Residential Loan ApplicationMBA spearheaded a congressional letter to FHFA Director
Mel Watt in early July that urged the agency to not include
a question about borrowers’ language preference on
the Uniform Residential Loan Application (URLA). The
letter, which was led by Representative Steve Stivers
(R-OH) and was signed by 55 House Republicans, was
in direct response to a letter earlier this year from two
dozen House Democrats who had asked FHFA, as well as
Fannie Mae and Freddie Mac, to include such a question.
The Stivers letter coincided with a meeting MBA, joined
by its sister trades, held with FHFA staff.
PAGE 16 MORPAC 2016 MID-YEAR REPORT
In an early August letter to several trade associations,
FHFA Director Mel Watt announced that FHFA will not
include a question about language preference on the
redesigned URLA form. In response, MBA and several
other trade associations submitted a letter to FHFA
stating, that while the industry shares FHFA’s goal of
better understanding the experience of limited English
proficiency (LEP) borrowers, adding the question to
the form would introduce a myriad of unanswered legal
questions. The letter also urged FHFA that such a broad
policy issue should be considered through an open and
transparent dialogue with all relevant stakeholders.
SAFE Act AmendmentsOn May 23, 2016, the full House of Representatives
unanimously passed H.R. 2121, the SAFE Transitional
Licensing Act by voice vote (after the Financial Services
Committee approved it 56-0 in early March). The House-
passed draft of the bill reflects extensive consultation
between MBA and the Conference of State Banking
Supervisors. The bipartisan legislation, originally intro-
duced by Representatives Steve Stivers (R-OH), Terri
Sewell (D-AL), Lynn Westmoreland (R-GA), Joyce Beatty
(D-OH), Luke Messer (R-IN), Kyrsten Sinema (D-AZ),
and Ed Perlmutter (D-CO), would mandate that states
regulators allow MLOs transitional authority to con-
tinue originating mortgages should they leave a federal
depository to take a new job working for a non-bank or
cross state lines to do so. Language substantially simi-
lar to H.R. 2121 was included in Title I of SBC Chairman
Richard Shelby’s regulatory relief package, as well as
his Ranking Member Sherrod Brown’s (D-OH) substitute
small lender relief measure. We are now exploring paths
forward in the Senate.
HUD AppropriationsBoth the Senate and House have now commenced work
on the appropriations bills to fund fiscal year 2017. The
Senate Appropriations Committee unanimously approved
the Transportation-HUD (THUD) appropriations bill, and
the full Senate has now approved that language as a
part of a combined appropriations “minibus” package
by a vote of 89 to 8. Meanwhile, over in the House, the
Appropriations Committee has passed its version of the
legislation. Below are highlights from the Senate and
House bills:
• For the third year in a row, both chambers
have rejected HUD’s unprecedented request
to fund a portion of FHA’s administrative costs
through a fee on residential lenders who use
the program. The Senate bill also earmarks
an additional $13 million specifically for FHA’s
IT needs, as MBA has recommended.
MORPAC 2016 MID-YEAR REPORT PAGE 17
• $130 million for FHA administrative
contract expenses, and $23 million for
Ginnie Mae salaries and expenses.
• In response to MBA’s urging for additional
resources for FHA and Ginnie Mae, the House
bill contains volume-based incentives so FHA
could receive as much as $160 million and Ginnie
Mae could receive as much as $26 million.
• Both bills contain HUD’s full request of $30 billion
in commitment authority for the General and
Special Risk Insurance (GI/SRI) Fund in FY 2017.
• Both bills maintain the statutory prohibition on
the use of Ginnie Mae securitizations in HUD’s risk
sharing programs by Housing Finance Agencies.
• Both bills bar HUD from requiring or
enforcing the Physical Needs Assessment.
• The Senate bill contains $47 million
for housing counseling, while the
House bill provides $55 million.
• Both bills continue the prohibition on federal
funds being used to facilitate eminent domain
seizures of performing mortgage loans.
FHFA Membership RuleLast fall, a bipartisan group of lawmakers introduced H.R.
3808, legislation to require the withdrawal and study of
the Federal Housing Finance Agency’s (FHFA) proposed
rule on Federal Home Loan Bank (FHLB) membership.
The legislation would address a controversial FHFA rule
that limits the ability of mortgage Real Estate Investment
Trusts to access the FHLB System. Since FHFA finalized
the rule earlier this year, MBA has been working with the
bill’s sponsors as well as HFSC leadership to fine-tune
the legislative language so that it appropriately amends,
rather than overturns, the membership rule in order
to preserve access to the System for captive insurers/
REITs. The Shelby regulatory relief package contains
similar language.
CMBS Risk RetentionMBA has worked with a coalition of trades in support of
a new CMBS risk retention bill, H.R. 4620, the Preserving
Access to CRE Capital Act. Introduced by Representative
French Hill (R-AR), the bill would provide for: an exemption
from risk retention for single property, single borrower
commercial real estate loans; for other commercial real
estate loans, qualification parameters for risk retention
exceptions that better reflect customary and prudent
lending practices; in addition to the pari passu structure
provided for in the final risk retention rule, allowance of
a senior/subordinate structure when there are two third-
party risk retention purchasers. The House Financial
Services Committee approved H.R. 4620 by a vote of 39
to 18 — though it enjoyed some bipartisan support, the
PAGE 18 MORPAC 2016 MID-YEAR REPORT
sizable opposition from committee Democrats makes
enactment unlikely in this Congress. During a hearing on
H.R. 4620 before the FSC Capital Markets Subcommittee,
MBA submitted testimony in support of the bill.
In May, the SBC Securities, Insurance and Investment
Subcommittee held a hearing on “Improving Communities’
and Businesses’ Access to Capital and Economic
Development.” One of the bills considered under the
hearing rubric was H.R. 4620. Much of the other hearing
dialogue focused on legislation related to the regula-
tory treatment of Money Market Funds and Business
Development Corporations. Subcommittee Ranking
Member Mark Warner (D-VA) expressed concerns about
H.R. 4620 and its potential to “undermine… the risk
retention provisions of Dodd-Frank.” MBA submitted a
statement for this hearing’s record as well.
G-feesIn April, Representatives Mark Sanford (R-SC), Brad
Sherman (D-CA) and Randy Neugebauer (R-TX) intro-
duced H.R. 4893, the Risk Management and Homeowner
Stability Act. The bill would prohibit the use of Fannie
Mae and Freddie Mac guarantee fees (g-fees) as offsets
in spending measures. MBA was instrumental in the draft-
ing and introduction of this legislation — and growing
support for the bill was part of the agenda during the
National Advocacy Conference. MBA also led a joint trade
letter to both the House and Senate Budget Committees
urging them to renew for another year the prohibition
on using g-fees as a spending offset.
Financial Choice ActOn June 17, House Financial Services Committee Chairman
Jeb Hensarling (R-TX) released his Financial CHOICE Act,
which would dramatically alter the financial regulatory
regime and repeal broad swaths of the Dodd-Frank Act.
At its heart is an exemption (or “off ramp”) from the
Dodd-Frank supervisory regime and Basel III capital
and liquidity standards for banking organizations that
choose to maintain high levels of capital. The legislation
also retroactively repeals the authority of the Financial
Stability Oversight Council (FSOC) to designate firms as
systematically important financial institutions (SIFIs). It
repeals Title II of Dodd-Frank and replaces it with a new
chapter of the Bankruptcy code designed to accommo-
date the failure of a large, complex financial institution.
It also changes the CFPB to the Consumer Financial
Opportunity Commission and tasks it with the dual mis-
sion of consumer protection and competitive markets,
with a cost-benefit analysis of rules performed by an
Office of Economic Analysis. It also creates a biparti-
san 5-member commission to govern the agency and
MORPAC 2016 MID-YEAR REPORT PAGE 19
subjects it to congressional appropriations. Finally, the
bill carries a number of regulatory reform provisions that
have previously passed the committee and full House,
including H.R. 2121, the SAFE Transitional Licensing Act,
H.R. 685, the Mortgage Choice Act, and H.R. 1210, the
Portfolio Lending and Mortgage Access Act (QM status
for loans held in portfolio). On July 15, at the commit-
tee’s request, MBA provided its views on the legislation.
MBA’s comments focused on capital requirements, the
CFPB, commercial/multifamily issues, and the inclusion
of regulatory relief measures like H.R. 2121.
High Volatility Commercial Real Estate ExposuresAt the request of MBA and other coalition partners,
Representative Robert Pittenger (R-NC), a HFSC member,
sent a letter to federal banking regulators concerning
the Basel III treatment of high volatility commercial real
estate exposures (HVCRE). HVCRE loan status requires
a higher capital charge for acquisition, development and
construction (ADC) loans that, among other things, have
a loan-to-value ratio of greater than 80 percent and less
than 15 percent equity contribution by the borrower. MBA
is concerned that tight restrictions placed on ADC loans
could result in the unwarranted higher capital treatment
for many ADC loans, which could negatively impact bank
ADC lending decisions.
Flood InsuranceIn April, the House passed H.R. 2901, the Flood Insurance
Market Parity and Modernization Act, by a vote of 419 to
0. The legislation fixes a flaw in a 2012 law that had the
unintended consequence of making it more difficult for
private insurers to provide private flood insurance and
for lenders to accept those policies. H.R. 2901 would
amend the definition of “private flood insurance” to
restore the discretion necessary to allow lenders, private
insurers, and regulators to develop a functional private
insurance market. MBA testified in support of H.R. 2901
in January and sent a letter to the full House urging its
passage. We are optimistic the Senate will consider the
bill later this year.
Regulatory Relief LegislationSBC Chairman Shelby’s regulatory relief proposal, S.1484,
has been stalled in the Senate ever since it passed the
Committee back in May of 2015. The legislation contains
a number of MBA priorities on issues ranging from GSE
transition steps to QM lending standards, FHFA’s FHLB
membership rule, TRID enforcement, Basel III and its
impact on mortgage servicing rights, and preferred
SAFE Act amendments. Given that this is an election year,
we anticipate that if any portions of Chairman Shelby’s
package move, it will be during the post-election lame
duck session.
HUD Program Reforms (H�R� 3700)On July 15, the Senate unanimously passed H.R. 3700,
the Housing Opportunity Through Modernization Act and
President Obama signed the bill into law on July 29. The
House previously approved the legislation unanimously
in February. Among its nearly 20 provisions, this legisla-
tion requires FHA to streamline its condominium project
recertification requirements. The bill also authorizes the
USDA’s Rural Housing Service (RHS) single-family hous-
ing guaranteed loan program to delegate loan approval
authority to preferred lenders, similar to that of existing
FHA and VA delegated approval authority guidelines. H.R.
3700’s condominium provisions expand commercial space
requirements, align recurring private transfer fees to be
consistent with those of the Federal Housing Finance
Agency (FHFA), and decrease the owner-occupancy
requirement from 50 percent to 35 percent.
Unfortunately, the bill also authorizes a fee of up to
$50 per loan on lenders who utilize the USDA Section
502 single-family guarantee loan program. On the mul-
tifamily side, H.R. 3700 also updates and streamlines
HUD’s rental assistance programs. These reforms ease
administrative burdens for public and private sector
participants. In addition, the bill provides new tools
to preserve affordable housing, reduce homelessness,
increase self-sufficiency and expand access. Importantly,
H.R. 3700 would make these improvements while leaving
in place the core characteristics that have helped make
federal rental assistance programs effective. The bill was
signed by President Obama on July 29.
PAGE 20 MORPAC 2016 MID-YEAR REPORT
MORPAC DISBURSEMENTSMORPAC made the following contributions during the period of January 1st through June 30th, 2016.
COMMITTEE NAME AMOUNT COMMITTEE NAME AMOUNT
21st Century Majority Fund $5,000 EDPAC $5,000
A New Direction PAC $1,500 Emmer for Congress $2,000
America Works PAC $5,000 Fearless PAC $1,000
AMERIPAC: The Fund for a Greater America $2,500 First State PAC $2,500
Andy Barr for Congress, Inc. $5,000 Follow the North Star Fund $1,000
Ann Wagner for Congress $4,000 Forward Together PAC $2,500
AX PAC $500 Freedom Fund $5,000
Beatty for Congress $3,000 French Hill for Arkansas $1,000
Big Sky Opportunity PAC $1,000 Friends for Gregory Meeks $5,000
Bill Foster for Congress $5,000 Friends of Bill Posey $2,500
Blaine for Congress $4,000 Friends of Cheri Bustos $2,000
Blue Dog Political Action Committee $5,000 Friends of Dan Kildee $2,000
Blue Hen PAC $2,500 Friends of Dave Reichert $1,000
Brian Fitzpatrick for Congress $2,500 Friends of Dennis Ross $5,000
Building Leadership and Inspiring New Enterprise PAC
$4,000 Friends of Erik Paulsen $3,500
Casperson for Congress $2,000 Friends of Frank Guinta $2,500
Charles Boustany Jr. MD for Senate, Inc. $2,500 Friends of Jeb Hensarling $2,500
CHC BOLD PAC $5,000 Friends of John Delaney $4,000
Citizens for Waters $5,000 Friends of Kelly Ayotte Inc $1,000
Cleaver for Congress $3,000 Friends of Mia Love $4,500
Collins for Congress $5,000 Friends of Roy Blunt $5,000
Common Ground PAC $2,500 Friends of Schumer $2,500
Common Sense Colorado $3,500 George Holding for Congress Inc. $2,000
Common Values PAC $5,000 Grassley Committee Inc $5,000
Comstock for Congress $2,500 Graves for Congress $2,500
Country Roads PAC $2,500 Great Lakes PAC $2,500
Crenshaw for Congress Campaign $5,000 Hall for Congress $1,000
Crowley for Congress $3,000 Hellerhighwater PAC $5,000
Dakota Prairie PAC $5,000 Himes for Congress $2,500
David Scott for Congress $2,000 House Conservatives Fund $1,000
DCCC $15,000 Hudson for Congress $3,000
Defend America PAC $5,000 Huizenga for Congress $5,000
Denny Heck for Congress $3,000 Hurd for Congress $1,000
Devin Nunes Campaign Committee $2,500 IMPACT $2,500
Dirigo PAC $5,000 Jason Smith for Congress $1,000
Dold for Congress $3,500 Jenkins for Congress $1,000
Donnelly for Indiana $2,500 Jim Renacci for Congress $2,000
DSCC $15,000 Jobs and Innovation Matter PAC (JIM PAC) $3,500
DSCC (Building Fund) $45,000 Jobs, Economy and Budget Fund (JEB FUND)
$5,000
Duffy for Congress $4,500
MORPAC 2016 MID-YEAR REPORT PAGE 21
COMMITTEE NAME AMOUNT COMMITTEE NAME AMOUNT
Jobs, Opportunities and Education PAC (JOE-PAC)
$5,000 R Senate PAC $5,000
Joe Kennedy for Congress $1,000 Rand Paul for US Senate 2016 $5,000
Kevin McCarthy for Congress $2,500 Randy Hultgren for Congress $2,500
Keystone America PAC $5,000 Republican Majority Fund $5,000
Kind for Congress Committee $2,500 Ribble for Congress $3,000
Kinzinger for Congress $2,500 Richard E Neal for Congress Committee $4,000
Kristi for Congress $1,000 Road To Freedom Political Action Committee $5,000
Kyrsten Sinema for Congress $2,000 Rodney for Congress $2,500
Lead Your Nation Now PAC (LYNN PAC) $2,000 Ron Johnson for Senate Inc $2,500
Lincoln PAC $5,000 Roskam for Congress Committee $2,500
Lucas for Congress $2,500 Rothfus for Congress $1,000
Luke Messer for Congress $1,000 Ryan Costello for Congress $1,000
Majority Committee PAC — Mc PAC $5,000 Ryan for Congress, Inc. $4,000
Making Business Excel Political Action Committee
$2,500 Scalise for Congress $2,500
Marc Savitt for Congress $2,500 Schatz for Senate $2,500
McEachin for Congress $2,500 Scott Garrett for Congress $5,000
Michigan's Future PAC $2,000 Searchlight Leadership Fund $5,000
Mike Thompson for Congress $1,500 Sensible American Solutions Supporting Everyone PAC
$2,500
Moderate Democrats PAC $5,000 Sherman for Congress $4,000
Moore for Congress $3,500 Southwest Leadership Fund $2,500
More Conservatives PAC (MCPAC) $2,500 Steve Knight for Congress $1,000
Motor City PAC $2,500 Stivers for Congress $5,000
Moulton for Congress $1,500 Synergy PAC $5,000
M-PAC $1,000 Terri Sewell for Congress $5,000
Mulvaney for Congress $3,000 The Eye of the Tiger Political Action Committee
$5,000
Nancy Pelosi for Congress $5,000 The Richard Burr Committee $2,500
Narragansett Bay PAC $2,500 Tiberi for Congress $3,500
New Democrat Coalition PAC $5,000 Tim Scott for Senate $5,000
NRCC $15,000 Together Everyone Realizes Real ImPACt PAC $2,500
NRSC $15,000 Treasure State PAC $3,500
NRSC (Building Fund) $45,000 Tuesday Group Political Action Committee $2,500
Opportunity & Renewal PAC $5,000 Van Hollen for Senate $2,500
Pat Meehan for Congress $1,000 Vargas for Congress $1,500
PEM PAC $2,500 VoteTipton.Com $3,000
People for Ben $1,000 Wild and Wonderful PAC $1,000
People for Derek Kilmer $1,000 Wyden for Senate $2,500
Pittenger for Congress LLC $1,500 Yoder for Congress, Inc $3,000
Poliquin for Congress $5,000 YOPAC $1,000
Portman for Senate Committee $1,500 Young for Iowa, Inc. $1,000
Price for Congress $2,500 Zeldin for Congress $1,000
Prosperity Action Inc. $5,000
PAGE 22 MORPAC 2016 MID-YEAR REPORT
THANK YOU TO THE 2015–2016 MORPAC STEERING COMMITTEE
Jamie Korus, CMB (Chairman) Alliance Home Loans
Jayson Donaldson (Commercial / Multifamily Co-Chair) NorthMarq
Michael Tanner (Commercial / Multifamily Co-Chair) Pacific Southwest Realty Services
Rick Arvielo New American Funding
Bill Bodnar Vantage Production
Don Brown Optimal Blue, LLC
Nathan Burch, CMB McLean Mortgage Corporation
Yvette Clermont Inlanta Mortgage, Inc.
Robert M� Couch Bradley Arant Boult Cummings LLP
James M� Deitch, CMB, CPA Teraverde Financial
Phil DeFronzo Norcom Mortgage
C� William Griffin Black Knight Financial Services
PJ Harrigan, CMB Radian Guaranty, Inc.
Jorge Kalb Atlas One Financial
Gene M� Lugat PrimeLending
Dave Motley, CMB Colonial National Mortgage
Robert Phelps T.D. Services
Julie Piepho, CMB, AMP Cornerstone Home Lending, Inc.
Christy Soukhamneut Starkey Mortgage, LLP
Amy Swaney, CMB Citywide Home Loans
Jack Thompson Legacy Mortgage, LLC
Tony Thompson, CMB, AMP Guaranteed Rate, Inc.
James Timmons Universal American Mortgage Company
Sue Woodard Vantage Production
MORPAC 2016 MID-YEAR REPORT PAGE 23
MBA LEGISLATIVE AND POLITICAL AFFAIRS STAFF
Bill Killmer Senior Vice President, Legislative and Political Affairs
Brad Cheney Associate Vice President, Legislative Affairs
Meghan Sullivan Associate Vice President, Legislative Affairs
Kelley Williams Associate Vice President, Legislative Affairs
Len Wolfson Associate Vice President, Legislative Affairs
Annie Gawkowski Director of Political Affairs
Lauren Kenney Political Affairs Associate
Peter Shapiro Grassroots Advocacy Assistant
Mindy Latini Executive Assistant
