mba.org/morpac

SAFEGUARDING THE REAL ESTATE FINANCE COMMUNITY

19161

MORPAC 2018

Mid-Year Report

MORPAC is the voluntary, non-partisan Political Action Committee (PAC) of the

Mortgage Bankers Association (MBA). It is the only PAC that directly represents

the interests of the real estate finance industry in our nation’s political system.

MORPAC encourages participation in the political process by pooling

financial resources to help elect qualified federal candidates whose views

and voting records reflect the interests of MBA and its members.

TABLE OF CONTENTS

Welcome 3

Fundraising Metrics 4

MORPAC Company Campaigns 5

MORPAC Contributors 6

MORPAC Action Week 19

Mortgage Action Alliance Update 21

Celebrating Our 2017–2018 Cycle Progress 23

Legislative Report 24

MORPAC Disbursements 29

MORPAC Steering Committee 35

Legislative and Political Affairs Staff 35

Dear Industry Colleagues,

I am pleased to share our 2018 MORPAC Mid-Year Report that details our campaign’s

progress through June 30 in this 2017–2018 election cycle.

As a show of gratitude to our dedicated contributors, this report lists all of the individuals

and companies who have been a part of our 2017–2018 campaign. In addition, you’ll

find itemized information about the goals our political programs have been able to

achieve thus far and a comprehensive summary of the legislative and political priorities

MBA’s advocacy team has been working to achieve at this point.

In 2018 alone, MORPAC has already raised over $800,000 in individual donations,

putting us more than $1.7 million raised this cycle and getting us closer to our goal

of raising $2.25 million by end of 2018. MORPAC is funded entirely through voluntary

contributions from people like you. Every member of MORPAC has joined a team of

dedicated industry professionals that drive and support the real estate finance industry.

MORPAC is an essential advocacy tool that supports the election and re-election of

federal candidates who have an understanding of the real estate finance industry, but

the Mortgage Action Alliance (MAA) is our best way to educate policymakers at the

federal and state level on issues that impact our members. Under the leadership of

MAA Chairman Gene Lugat, MAA has increased its membership by over 76 percent

this cycle with over 27,000 industry-wide active members and counting.

We’ve had more than 2,900 downloads of the MAA mobile app since launch and saw

a 350 percent increase in communications to Congress compared to the 2015–2016

election cycle. In fact, our advocates sent over 46,000 letters and tweets to Congress

in the last year to 95 percent of Senate and House offices on key issues.

With our industry undergoing rapid growth and change driven by the legislative and

regulatory environment, it’s up to us to make our voices heard in the political arena. I

hope you will take time to review the report and continue to stay involved with MBA’s

Advocacy Programs and fight for our industry.

Many thanks for your leadership and commitment to MORPAC, our industry, and our

members.

Sincerely,

Rick Arvielo CEO, New American Funding 2017–2018 MORPAC Chairman

MORPAC 2018 MIDYEAR REPORT PAGE 3

Since January 2017, MORPAC has raised more than

$1.7 millionIN HARD DOLLARS IN THE 2017–2018 CYCLE.

In 2018 alone, MORPAC so far has raised over

$800,000IN PERSONAL CONTRIBUTIONS.

MORPAC raised

$175,101IN NEW DOLLARS IN 2018

MORPAC hosted three individual fundraisers in 2018 MORPAC raised over $28,000 for Senate Banking Committee member Heidi Heitkamp (D-ND) at MBA’s Mid-Winter Conference, and (in a joint commercial/multifamily and residential IMB-driven effort) roughly $75,000 for House Ways and Means Committee member Mike Bishop (R-MI) in conjunction with MBA’s National Advocacy Conference (NAC) MORPAC also hosted a fundraiser for House Financial Services Committee member Jim Himes (D-CT) at MBA’s Secondary Conference and raised about $25,000 towards that effort

2018 MORPAC dollars came from all areas of the industry

RESIDENTIAL

OTHER

COMMERCIAL

Other interesting statistics about our 2017–2018 cycle:

$738AVERAGE $ CONTRIBUTION

PER DONOR

1,335UNIQUE CONTRIBUTORS

TO MORPAC

$46,400AMOUNT OF SOFT DONATIONS

(SINCE JANUARY 1, 2017)

MORPAC FUNDRAISING METRICS AS OF JULY 23, 2018

PAGE 4 MORPAC 2018 MIDYEAR REPORT

Thank you to the following companies for running campaigns in 2018.

Is your company missing? Please let us know if you have run, or are planning to run, a campaign so you can be recognized at MBA’s Annual Convention & Expo in Washington, DC. Email morpac@mba.org to be counted.

MORPAC COMPANY CAMPAIGNS

MORPAC 2018 MIDYEAR REPORT PAGE 5

D I A M O N D L E V E L C O N T R I B U T O R S

Kelly AllisonNew American Funding

Richard J Andreano, Jr , Esq Ballard Spahr, LLP

Duane E AndrewsClear Capital

Patricia ArvieloNew American Funding

Rick ArvieloNew American Funding

Thomas E Black, AMP, Esq Black, Mann & Graham, LLP

Albert P BlankUnion Home Mortgage

Edgar Bright, III, CMB, AMPStandard Mortgage Corporation

Brian BrockmanDomus Asset Management, Inc.

Robert D Broeksmit, CMBTreliant, LLC

Christy BunceNew American Funding

Nathan J Burch, CMBVellum Mortgage

Michelle CanterBradley Arant Boult Cummings, LLP

Steve ChapmanPrimary Residential Mortgage, Inc.

James CoffriniSierra Pacific Mortgage Company, Inc.

Jonathan CorrEllie Mae, Inc.

Bill Cosgrove, CMBUnion Home Mortgage

Clifton A CrabtreeFirst Continental Mortgage, Ltd.

Elly Cummings, CMBMarketplace Home Mortgage

Rose Marie DavidHomeStreet Bank

Marcia M DaviesMortgage Bankers Association

Philip DeFronzoNorcom Mortgage

James M Deitch, CMB, CPATeraverde Financial

Ross P Diedrich, CFACovered Insurance Solutions

Jayson F DonaldsonNorthMarq Capital, LLC

James E DuBoseColonial Savings, F.A.

Debra DunnSWBC Mortgage

Brian EisendrathCBRE Capital Markets

William C EmersonQuicken Loans, Inc.

Jay FarnerQuicken Loans, Inc.

Brian K FitzpatrickLoanLogics

David N GahmAmerifirst Home Mortgage

Christopher M GeorgeCMG Financial

Brent L Green, CMBLake Michigan Credit Union

David W GreenStoneHill Group, Inc., The

Patrick J Harrigan, CMB, AMPRadian Guaranty, Inc.

William T HymanHunt Mortgage Group

Mark A JonesAmerifirst Home Mortgage

Milton KaravitesNew American Funding

Bill KillmerMortgage Bankers Association

Joseph KnudsonPrimary Residential Mortgage, Inc.

Kenneth KnudsonPrimary Residential Mortgage, Inc.

Michael KoranPrimary Residential Mortgage, Inc.

Shawn KrauseQuicken Loans, Inc.

Donald C LampeMorrison & Foerster, LLP

Rodrigo Lopez, CMB

William LowmanAmerican Pacific Mortgage Corporation

Gene M LugatPrimeLending

Erik LutzAmeriFirst Financial, Inc.

James S MacLeodCoastalStates Bank

Benjamin MadickMatic

Philip R MahoneyAmerican Security Mortgage Corp.

Frank D MartellCoreLogic

Michael McFaddenAlight Mortgage Solutions

Stanley C MiddlemanFreedom Mortgage Corporation

Pete MillsMortgage Bankers Association

J David Motley, CMBColonial Savings, F.A.

James R MountainARMOUR Residential REIT, Inc.

Peter R NordenHomeBridge Financial Services, Inc.

Eduardo Perez, CMBEquity Prime Mortgage, LLC

Robert B Peterson, IITeraverde Financial

Kurt PfotenhauerFirst American Title Insurance Company

Julie Piepho, CMB, AMPCornerstone Home Lending, Inc.

Kelly PowersAmeriFirst Financial, Inc.

Jan PresloNew American Funding

Jon ReedNew American Funding

Bradley ShusterNational Mortgage Insurance Corp.

Stacey Slocum SmithChase

David H Stevens, CMBMortgage Bankers Association

Scott Van StewartSWBC Mortgage

Susan T StewartSWBC Mortgage

Debra W Still, CMBPulte Mortgage, LLC

Brian F Stoffers, CMBCBRE Capital Markets

Jeffrey C TaylorDigital Risk, LLC

Jack ThompsonLegacy Mortgage, LLC

Gregory S TornquistCenlar FSB

Timur TunadorAtlantic Coast Mortgage, LLC

Robert Walters, Jr Quicken Loans, Inc.

Fowler Williams, CMB, AMPCrescent Mortgage Company

Marsha L Williams, Esq Mortgage Resources Group, LLC/MRG Document Technologies

Charles WilliamsNorthpointe Bank

Richard WolcottStandard Mortgage Corporation

David Zitting, CMBPrimary Residential Mortgage, Inc.

2018 MORPAC CONTRIBUTORS

AS OF JULY 23, 2018PAGE 6 MORPAC 2018 MIDYEAR REPORT

P L AT I N U M L E V E L C O N T R I B U T O R S

Daniel H Aminoff, CMB, AMPUnion Home Mortgage

Teresa Bryce BazemoreSocialSurvey

Richard BennionHomeStreet Bank

Anthony Blodgett, CMBNew American Funding

Brian BomarCornerstone Home Lending, Inc.

Jeff BraderNOIC/Concord

Scott Brader, CMBNOIC/Concord

Scott BristolNew American Funding

Barrett BurnsVantageScore Solutions, LLC

Maylin CasanuevaTeraverde Financial

Gary D Clark, CMBSierra Pacific Mortgage Company, Inc.

Yvette Clermont, CMB, AMPInlanta Mortgage, Inc.

Marianne CollinsOhio Mortgage Bankers Association, Inc.

Patrick A ConnorOld Republic National Title Insurance Company

Marcia Courson

Henry V Cunningham, Jr , CMBHighlands Residential Mortgage

James H Danis, II, CMB, AMPResidential Mortgage Corp.

Doug DankoOld Republic National Title Insurance Company

Judy DeitchTeraverde Financial

Thomas S DennardGrandbridge Real Estate Capital, LLC

Mark B Fisher, CMB, CRE, CRIStanCorp Mortgage Investors, LLC

Christopher GarzaNew American Funding

Eric GatesApex Home Loans, Inc.

John M HedlundAmeriHome Mortgage Company

Alexander Henderson, IIITeraverde Financial

Wm  Tracy KennedyCBRE Capital Markets

Thomas T KimMortgage Bankers Association

Jane C KingPlatinum Home Mortgage Corporation

Donald P King, IIIWalker & Dunlop, LLC

Pat KinselNotarize

John KnowltonInlanta Mortgage, Inc.

John V KonykWeiner Brodsky Kider PC

Peter H LansingUniversal Lending Corporation

Michael P Lau, CMBPingora Asset Management

Sonya LuechauerDHI Mortgage Company

Mary Ann McGarryGuild Mortgage Company

John MechemMortgage Bankers Association

James M MilanoWeiner Brodsky Kider PC

Linda Motley

Nelson OyadomariPrimary Residential Mortgage, Inc.

Anita PadillaMegaStar Financial Corp

Robert K Park, IIIEagle Home Mortgage, LLC

Catherine I PharisWells Fargo Bank, N.A.

Daniel J Phelan, CMB, CCMS, CRIPacific Southwest Realty Services

A W Pickel, IIIAmCap Mortgage, Ltd.

Hilary Branson ProvinseBerkadia

Terry L Schmidt, CMBGuild Mortgage Company

Patrick SinksMortgage Guaranty Insurance Corporation (MGIC)

Lisa SpringerSTRATMOR Group

Meghan W SullivanMortgage Bankers Association

G O L D L E V E L C O N T R I B U T O R S

Bill BeckmannMERSCORP Holdings, Inc.

West Beibers, CMB, AMPThe Commonwealth Group

Judith A Belanger, CMBCornerstone Home Lending, Inc.

Michael D Berman, CMBMichael Berman Consulting, LLC

Teresa BetzMortgage Bankers Association

Heather BomarCornerstone Mortgage Company

Vicki BonardiAlterra Group, LLC dba Alterra Home Loans

James L BoppPlatinum Home Mortgage Corporation

Byron L BostonDynex Capital, Inc.

J Tol Broome, JrBB&T

Don BrownOptimal Blue, LLC

Candace BuzanNew American Funding

Timothy T CahillSouth Pacific Financial Corporation

Daniel CarrilloNew American Funding

William J CaseAmerican Mortgage Service Company

Robert ChaneyFirstBank

Chad ChurchNew American Funding

Terry ConnealyMutual of Omaha Bank

Robert M Couch, CMBBradley Arant Boult Cummings, LLP

Melanie CoultonPlaza Home Mortgage, Inc.

Thomas P Cronin, CMBThe Collingwood Group, LLC

Scott DaviesIBM

Nicholas J DelTortoInlanta Mortgage, Inc.

Brenda L DintinoNew American Funding

Leslie DucheneCBRE Capital Markets

Greg DuvallNorthMarq Capital, LLC

Samuel EllsworthNew American Funding

H Burton EmbryPrimary Residential Mortgage, Inc.

John EngvallPrimary Residential Mortgage, Inc.

Jeffrey ErxlebenNorthMarq Capital, LLC

AS OF JULY 23, 2018MORPAC 2018 MIDYEAR REPORT PAGE 7

G O L D L E V E L C O N T R I B U T O R S ( C O N T. )

Eli FairfieldNew American Funding

Scott FennerAmeriFirst Financial, Inc.

Tari L Flannery, CMBM&T Realty Capital Corporation

Michael Fontaine, CMBPlaza Home Mortgage, Inc.

Michael Fratantoni, Ph D Mortgage Bankers Association

Greg FrostFrost Mortgage Banking Group

Marshall GaydenRadian Guaranty, Inc.

Rob GillonNew American Funding

Marsha GoffRICHMAC Funding, LLC

Stephen C GomezNew American Funding

Justin GrableNew American Funding

Peter GraceMortgage Bankers Association

Daniel GrattanMortgage Bankers Association

Frank J Groh-WargoUnion Home Mortgage

Scott GrovesNew American Funding

Brad GrovesUniversal Lending Corporation

Marla GuillaumeCentury Mortgage Company

Tania GuzmanNew American Funding

Hamid HamrahNew American Funding

Brian M Handal, CMB, AMPWells Fargo Home Mortgage

Michael Heagerty, CCMSNewmark Realty Capital, Inc.

Debbie HigginsNew American Funding

David HouserPrimeLending

John H P Hudson, CRMSMortgage Financial Services, LLC

John W HummelU.S. Bank Home Mortgage

Jeffrey HurleyCBRE Capital Markets

Dean JohnsonPrimary Residential Mortgage, Inc.

Richard D Jones, Esq Dechert, LLP

Helen R KanovskyMortgage Bankers Association

Joel KatzHomeBridge Financial Services, Inc.

Brian KeranenNew American Funding

Mishel KeshishianNew American Funding

Tamara KingMortgage Bankers Association

Olga KirklandNew American Funding

Alden KnowltonMortgage Bankers Association

William Kooper, MPAMortgage Bankers Association

Christopher LaBiancaUBS

Marc LairdCornerstone Home Lending, Inc.

Dalia LemusNew American Funding

David LinkNorthMarq Capital, LLC

Tony LoveRose Community Capital

Anthony LuzziSims Mortgage Funding, Inc.

Don A Mann, AMPMann Mortgage, LLC

Jeff McEvoy12th Floor Group, LLC

Stephanie McFaddenCBRE Capital Markets

Amy McGloneNew American Funding

Steven A MilnerUS Mortgage Corporation

Caleb Mittelstet, AMPNew American Funding

Robert S Niemi, CMBBakerHostetler, LLP

Christine ObermayerNew American Funding

Stephen A O’ConnorMortgage Bankers Association

Brady O’DonnellCBRE Capital Markets

Michael A OldenAmerican Reporting Company

John W PetersonNew American Funding

Michael F Petrie, CMBP/R Mortgage & Investment Corporation

Bob Pickham, AMPSouth Pacific Financial Corporation

Smriti L PopenoeDynex Capital, Inc.

Kevin Popoli, CMB, AMPArch Mortgage Insurance Company

Pamela RaeberKings Mortgage Services, Inc.

Mark A RaskinPrimeLending

Diana L Ringer, Master CMB, AMPRuoff Home Mortgage

William RossNorthMarq Capital, LLC

Mary Rzucidlo, CMBUSAA Federal Savings Bank

Becky SandilandFirst National Bank of Omaha

Charles W Sewright, CMAQuest Advisors, Inc.

Chris ShamalyCBRE Loan Services, Inc.

Erin StaffordDBRS, Inc.

Robert M Stout, CRIQ10 Capital, LLC

Michael SullivanPulte Mortgage, LLC

Troy W TegelerCBRE Capital Markets

Christopher ThomsonNew American Funding

Richard G ThornberryRadian Guaranty, Inc.

Tammie VanDeusenNew American Funding

William M WalkerWalker & Dunlop, LLC

Marina WalshMortgage Bankers Association

Jeffrey A Weidell, CMBNorthMarq Capital, LLC

Brendon WeissMERSCORP Holdings, Inc.

Candice WendlingNOIC/Concord

Dawn Williams, AMPMortgage Bankers Association

Kelley J WilliamsMortgage Bankers Association

Ryan WilliamsonAlliance Home Loans

Sheri WisePrimeLending

James R WoodwellMortgage Bankers Association

Eric WrightAmeriFirst Financial, Inc.

AS OF JULY 23, 2018AS OF JULY 23, 2018PAGE 8 MORPAC 2018 MIDYEAR REPORT

C O N T R I B U T O R S

David AbrahamsonEquity Prime Mortgage, LLC

Alan AckerNew American Funding

Peter AdamsCenlar FSB

Katherine M AdamsColonial Savings, F.A.

Michael AfentoullisCBRE Capital Markets

Scott AffreNew American Funding

Ali AhmadMortgage Bankers Association

Austin Alaniz, CMSNew American Funding

Patrick AlbersonNew American Funding

Donald AlbertNew American Funding

Jimmy AlexanderSWBC Mortgage

Tim D Allen, CMBaboutMYmortgage.com

Matt AllsoppNew American Funding

Alice AlveyUnion Home Mortgage

Bruce AndersonLegacy Mortgage, LLC

Cheryl AndersonNew American Funding

Daniel W Andrews, CRUNew American Funding

Cindy AnnisCornerstone Home Lending, Inc.

Fernando ArboledaNew American Funding

Aaron ArechigaNew American Funding

Isabel ArellanoNew American Funding

Brad ArendtPrimeLending

Lynette ArrasmithNew American Funding

Kelly ArriazaNew American Funding

Dennis H AshcroftAppraisal Logistic Solutions, LLC

Graham AshleyColonial Savings, F.A.

Andrew AshmoreColonial Savings, F.A.

Kay R AshtonSWBC Mortgage

Phillip R AskewNorthMarq Capital, LLC

Janice AskewPrimary Residential Mortgage, Inc.

Brian AugustineNew American Funding

Yamila AyadNew American Funding

Michael P Azzarello, CMB, AMPCaliber Home Loans, Inc.

Stephen BaackNew American Funding

Robert BachmanNew American Funding

Steven BadovinacNew American Funding

Bethany BaileyCBRE Capital Markets

Mark BaileyMerchants Mortgage

Glenda BainColonial Savings, F.A.

Dan BakerNorthMarq Capital, LLC

Shawn BaldwinHomeStreet Bank

Andrew T BallBB&T

Jamey BalloMortgage Bankers Association

Kathy A BankertPulte Mortgage, LLC

Ed BarbierHomeStreet Bank

Susan BarnhillCornerstone Home Lending, Inc.

Erin BarryMortgage Bankers Association

Robert BarryNOIC/Concord

Jody BarryPrimary Residential Mortgage, Inc.

Nicholas BartaPrimary Residential Mortgage, Inc.

Rose BatacanHomeStreet Bank

Kathleen BattadColonial Savings, F.A.

Crystal BauerNew American Funding

Justin BayleNew American Funding

Jon K BaymillerNew York Community Bank

Shari BealsNew American Funding

Tanehesi BeanNew American Funding

Maida H Bell, CMBCenlar FSB

Chandra BellPrimary Residential Mortgage, Inc.

Kate BelserP/R Mortgage & Investment Corporation

Sean Lucien BemisNew American Funding

Greg BenjaminNorthMarq Capital, LLC

Frank BennettElement Funding

Anna BenzNew American Funding

Eric BergenNew American Funding

Leslie BergenNew American Funding

Ryan BerryNew American Funding

Brenda BestColonial Savings, F.A.

James BeutlerPrimary Residential Mortgage, Inc.

John BeveridgeUS Bank

Kristin BickenbachNew American Funding

John Scott BickfordColonial Savings, F.A.

Bernhard BingerNew American Funding

Kevin BlankenburgLeaderOne Financial Corporation

Brent BlankenburgNew American Funding

Kenneth J Block, CMBNew American Funding

Susan BlumbergNorthMarq Capital, LLC

Tony BolanosNew American Funding

Rhiannon BolenLenders One

Derek BollsCornerstone Home Lending, Inc.

Chuck BostianP/R Mortgage & Investment Corporation

Allen BothwellNew American Funding

Renee BouletNew American Funding

Vickie V BourassaColonial Savings, F.A.

Tammy BrackenPrimary Residential Mortgage, Inc.

Scott D BradenNew American Funding

Noah BraderNOIC/Concord

Cindy BradleyKentucky Housing Corporation

Angela BradleyNOIC/Concord

Richard S BradyCBRE Capital Markets

AS OF JULY 23, 2018AS OF JULY 23, 2018MORPAC 2018 MIDYEAR REPORT PAGE 9

C O N T R I B U T O R S ( C O N T. )

Kimberly BradyNew American Funding

Toni BramleyInformative Research

Nancy BrannanColonial Savings, F.A.

Susan G BranscomeNorthMarq Capital, LLC

Lauren BreskyNorthMarq Capital, LLC

Robert BriggsNew American Funding

Thomas BriggsNew American Funding

Lisa BrittonNew American Funding

James A BrodskyWeiner Brodsky Kider PC

James BrodyJohnston Thomas

Radley BrooksPrimary Residential Mortgage, Inc.

Brandon BrownNew American Funding

Debra BrownNew American Funding

Ronald BrownNew American Funding

Todd BrunnerMembers Mortgage Services, LLC

Francine C BryantCenlar FSB

Christine M BuchananHallmark Home Mortgage

Christie Buff, AMPMortgage Guaranty Insurance Corporation (MGIC)

Cynthia BuhrPrimeLending

Joseph T Burke, IINorthMarq Capital, LLC

Ben BurkhardtMortgage Bankers Association

Teri BurksNew American Funding

Jennifer J Burlison, CMBConsultant

Michael BurroughsMortgage House of America, LLC

Theresa BustamanteNew American Funding

Andrew ByrneColonial Savings, F.A.

Randi CabreraLegacy Mortgage, LLC

Laura CadahiaColonial Savings, F.A.

Doug CalabreseEagle Home Mortgage, LLC

Victor Calanog, Ph DREIS, Inc.

Raymond CallahanRay Callahan Consulting

Suzi CampbellPrimary Residential Mortgage, Inc.

Emil CancholaNew American Funding

Michele CantrellNew American Funding

Gregory CarllPrimary Residential Mortgage, Inc.

Candice CarlonNew American Funding

Margaret CarmonyMerchants Mortgage

Mario CarrizalesNew American Funding

Lisa CarterNorthMarq Capital, LLC

Diane Casey-LandryCenlar FSB

Joanne CavedineNOIC/Concord

Dee CayoInlanta Mortgage, Inc.

Meredith ChackelNew American Funding

Patricia ChaffinNew American Funding

W Gardiner Champlin, Jr NorthMarq Capital, LLC

Christine R ChandlerM&T Realty Capital Corporation

Jeffrey ChaneyNorthMarq Capital, LLC

Joe ChapmanColonial Savings, F.A.

Blake ChavisMortgage Bankers Association

Jessica CherepskiRICHMAC Funding, LLC

Bill ChilesCBRE Capital Markets

Joey ChimentiNew American Funding

Michael ChinnNew American Funding

Dave ChorltonHomeStreet Bank

Jenny Cho-WilliamsNew American Funding

David ChristelNorthpointe Bank

Joseph ChristensenPrimary Residential Mortgage, Inc.

Sharon ChurchPinnacle Financial Partners

Amy ClarkeNew American Funding

Bradley ClaytonPrimary Residential Mortgage, Inc.

Lisa ClearmanNew American Funding

Donna ClineUnion Home Mortgage

Peggy A ClinganP/R Mortgage & Investment Corporation

James ClymerNew American Funding

Kimberly ColemanPrimary Residential Mortgage, Inc.

Steve M ConeColonial Savings, F.A.

Jennie ConnellLegacy Mortgage, LLC

Michael ConwayCenlar FSB

Tim CookNew American Funding

Daniel E Cooper, CMBCornerstone Home Lending, Inc.

Elizabeth CooperNew American Funding

Gordon CooperNew American Funding

Mark CooperNew American Funding

Jack CooperPrimeLending

John W CopelandColonial Savings, F.A.

Eddie CorreaNew American Funding

James CostelloReal Capital Analytics

Dave CotnerNew American Funding, Inc.

Caroline CranzColonial Savings, F.A.

Lindsay CravenMortgage Guaranty Insurance Corporation (MGIC)

Brian CroninNorthMarq Capital, LLC

James CrossNew American Funding

Will CrosslandNew American Funding

Joe CucchiaraNew American Funding

Nisha CuellarP/R Mortgage & Investment Corporation

Keven W CulpNew American Funding

Wayne R CurtisCenlar FSB

Chelsea CutlerCBRE Capital Markets

Jeff DagueNew American Funding

AS OF JULY 23, 2018PAGE 10 MORPAC 2018 MIDYEAR REPORT

C O N T R I B U T O R S ( C O N T. )

Lisa DanielsNew American Funding

Jeffrey DanielsPrimary Residential Mortgage, Inc.

Phil DaubenmireThe Merchants Bank and Trust Co

Elizabeth DaunisLegacy Mortgage, LLC

Patrick DavidsonNew American Funding

Brent DavisColonial Savings, F.A.

Stephanie Lynn DavisColonial Savings, F.A.

Gregory DawesNew American Funding

Cindy DayHomeStreet Bank

Ben J Dempsey, CMB, CPAColonial Savings, F.A.

Brandon DennisNew American Funding

James DentonNew American Funding

Andrew DeutschleNOIC/Concord

Debra Leyva Dever, CMB, AMPColonial Savings, F.A.

Dorothy DeverauxPrimary Residential Mortgage, Inc.

Amanda DeweesTeraverde Financial

David DexterNew American Funding

Waunita Diem, CMBPrimary Residential Mortgage, Inc.

Edward C DietrickP/R Mortgage & Investment Corporation

Mary DinkinsCornerstone Home Lending, Inc.

Lin DinsmorePrimary Residential Mortgage, Inc.

John DiQuolloDown Payment Resource

James DockstaderPrimary Residential Mortgage, Inc.

Marangal Isleta Domingo, CMBFirst Tech Federal Credit Union - Residential

Phillip DonohoGenworth Mortgage Insurance

Nathan DooleyNew American Funding

Mark DorchenWolverine Real Estate Services, Inc.

Eric DouglasNew American Funding

Yvette DouwsmaNew American Funding

Nancy DragooColonial Savings, F.A.

Kevin DraughonNew American Funding

Allen C DumlaoCenlar FSB

Kristi DuncanCBRE Capital Markets

Zack DuncanNew American Funding

Chris DunningCBRE Capital Markets

Jeremy DuranNew American Funding

Michael R DuryP/R Mortgage & Investment Corporation

Teresa EasthamColonial Savings, F.A.

Angela EchardP/R Mortgage & Investment Corporation

Charles EdingtonNew American Funding

Linda EdwardsNew American Funding

Jeff Ehrlich, CMB, AMPCalAtlantic Mortgage

Michael ElmoreNorthMarq Capital, LLC

Glen EmmonsNew American Funding

Kevin EnglishNew American Funding

Heather EnochsNew American Funding

Amber ErnstNew American Funding

Trevor EschrichNew American Funding

Miguel EstradaNew American Funding

Donna FalzaranoCBRE Capital Markets

Helen FangNew American Funding

Erfun FardNew American Funding

John Farrell, AMPColonial Savings, F.A.

Tom FaughnanAssociated Bank

LaVerne FerreiraNew American Funding

Nancy R FerrellNorthMarq Capital, LLC

Gavin FigNorthMarq Capital, LLC

Robert FleischmannSWBC Mortgage

Deb FlemingNew American Funding

Ken FlemingNew American Funding

Harold J FletcherCenlar FSB

Daniel FloresNew American Funding

Lisa Flores-EstrellaNew American Funding

Helen FloydHomeStreet Bank

Eric FlycktNorthMarq Capital, LLC

Joseph FongNew American Funding

Ricky FongNew American Funding

Erin Forbes, CMBNew American Funding

Eric FormillerNew American Funding

Lori FosterCaliber Home Loans, Inc.

Melissa FosterColonial Savings, F.A.

Rachel FowlerGuild Mortgage Company

Patricia Lane FoxNew American Funding

Rogelio FrancoNew American Funding

Jeremy FraseNOIC/Concord

Morgon FraserCBRE Capital Markets

Lisa FrazierColonial Savings, F.A.

Stephen FreelandPrimeLending

Amanda FreemanColonial Savings, F.A.

Willie FrenchCornerstone Home Lending, Inc.

Barry FriedmanPrimary Residential Mortgage, Inc.

Joseph FryerTeraverde Financial

Frank FuentesNew American Funding

Craig FujikawaPrimary Residential Mortgage, Inc.

Rian Furey, CMB, AMPImpac Mortgage Holdings, Inc.

Gabriel GarciaNew American Funding

David GardnerNew American Funding

David GarfinkelNorthMarq Capital, LLC

Larry GarlutzoNew American Funding

Suzanne GarwoodChase

AS OF JULY 23, 2018MORPAC 2018 MIDYEAR REPORT PAGE 11

C O N T R I B U T O R S ( C O N T. )

Stephanie GarzaColonial Savings, F.A.

Bernard P GawleyZiegler Financing Corporation

Marie GayoTrident Mortgage Company

Deborah GeorgeColonial Savings, F.A.

Tom GeorgePrimary Residential Mortgage, Inc.

Roger GettlerLegacy Mortgage, LLC

Melissa GibsonNew American Funding

Jeffrey GigerNew American Funding

Meredith GillespieCenlar FSB

Kari GirschNew American Funding

David Givens, Jr Merchants Mortgage

Jeff GlickNew American Funding

Scott GoedenReference Point

Lisa Goldsmith, AMPPacific Union Financial, LLC

Jared GoldsteinNorthMarq Capital, LLC

Daniela GonzalesNew American Funding

Jessica GonzalezNew American Funding

Ofelia GonzalezNew American Funding

Robert GonzalezNew American Funding

Karen GoodellNew American Funding

Paul GorskePrimeLending

Rebecca GosselinNew American Funding

Lori GraeffHomeStreet Bank

Vanessa GrahamColonial Savings, F.A.

Lori GrayNew American Funding

Marion S GreenCBRE Capital Markets

Shelton GreenColonial Savings, F.A.

David B Green, CMBFirst National Bank of Pennsylvania

Helen GreenTowneBank Mortgage

Patrick GreenWells Fargo Home Mortgage

Greg GreeneCBRE Capital Markets

Susan GreenwaldHomeStreet Bank

Marcia GregorioNew American Funding

Timothy W GreismanNorthMarq Capital, LLC

Tyler GriffinDwight Capital, LLC

Gregory GriffinNew American Funding

Kristina GrzywaczNew American Funding

Jesus GuerreroNew American Funding

Vina GuerreroNew American Funding

Carmen GundlachNew American Funding

Ashley GunnMortgage Bankers Association

James GuzmanNew American Funding

Nita HaasColonial Savings, F.A.

John Andrew HaberlNew American Funding

Jami HaddadPrimeLending

Michael HallColonial Savings, F.A.

Brian HallloanDepot.com, LLC

Jennifer HallNOIC/Concord

Rob HallumNew American Funding

Don J HalpernWeiner Brodsky Kider PC

Cheryl HalversonPrimary Residential Mortgage, Inc.

Jennette HalversonPrimary Residential Mortgage, Inc.

Tim HalversonPrimary Residential Mortgage, Inc.

Patricia L HamakerP/R Mortgage & Investment Corporation

Cynthia HamiltonNew American Funding

Jan HammondHomeStreet Bank

Brett HamsherTeraverde Financial

Cass HanafeeP/R Mortgage & Investment Corporation

Tamara HannumNew American Funding

Sarah HanoverP/R Mortgage & Investment Corporation

Shirley HapnerPrimary Residential Mortgage, Inc.

Barbara HardingCenlar FSB

Jackie HargravesNew American Funding

Kristi HarrisPrimeLending

Jason HartColonial Savings, F.A.

Sean HashimotoPrimary Residential Mortgage, Inc.

Krystal HaslamNew American Funding

Mary HatchPrimary Residential Mortgage, Inc.

David HatlenHomeStreet Bank

Ronette Hauser-JonesGreat Plains National Bank

Lisa HaynesMortgage Bankers Association

Ritchy HaynesNew American Funding

Robert HedgesHomeStreet Bank

Max HedrickColonial Savings, F.A.

Dominique HekkingNew American Funding

Richard HekkingNew American Funding

Kevin HelmickHomeStreet Bank

Cory Henderson, AMPMann Mortgage, LLC

Vikie HendersonNew American Funding

Justin HenryNew American Funding

Lisa HernandezBear Creek Mortgage

Claire HerzogMortgage Bankers Association

Jeffery K HillmanCenlar FSB

David HinesP/R Mortgage & Investment Corporation

Terri HogertyHomeStreet Bank

Michelle HolleyNew American Funding

Brett HoodNorthMarq Capital, LLC

Matt HooverNorthMarq Capital, LLC

Ron HopkinsColonial Savings, F.A.

Laura HopkinsMortgage Bankers Association

AS OF JULY 23, 2018PAGE 12 MORPAC 2018 MIDYEAR REPORT

C O N T R I B U T O R S ( C O N T. )

Wes HorneMortgage Bankers Association

Bucky HouserArvest Bank

Kyle HowardKBHS Home Loans

Eugene HumphriesCornerstone Home Lending, Inc.

Debra HurfordNew American Funding

Nancy HurlstonNew American Funding

Lindsay N HurtadoNew American Funding

Michael Hyman, CMBAccenture

Marie LiamsNew American Funding

Lisa IpekNew American Funding

Nancy IrwinCenlar FSB

Wes IseleyCarrington Mortgage Services, LLC

Ben ItkinMortgage Capital Trading, Inc.

Greg JacksonCornerstone Home Lending, Inc.

Sarah JacksonNew American Funding

Robert H JacksonVantage Point

Davin R JacquezLegacy Mortgage, LLC

Christie JamesNew American Funding

Jerry JamiesonNew American Funding

Lisa JangardHomeStreet Bank

John JarvisNew American Funding

Andrea JenkinsCenlar FSB

Charles JensenNew American Funding

Matthew JohnsonColonial Savings, F.A.

VInc e JohnsonColonial Savings, F.A.

Dean JohnsonCornerstone Home Lending, Inc.

Kurt JohnsonMr. Cooper

Robert E JohnsonUnion Home Mortgage

Suzanne JonesNorthMarq Capital, LLC

Christopher JonesPrimary Residential Mortgage, Inc.

Viral JoshiC2 Financial Corporation

Dean KravitesNew American Funding

Lisa KassubaCornerstone Home Lending, Inc.

Sharon KeatingNew American Funding

Jeffrey KeeterNew American Funding

Rita KeithP/R Mortgage & Investment Corporation

Mark KelbaughCenlar FSB

Rita KellyMortgage Bankers Association

Kelly O’Brien KennedyCBRE Capital Markets

Kevin KennedyNew American Funding

Leon KerrCenlar FSB

Tess KerrNew American Funding

Michael Y KievalWeiner Brodsky Kider PC

Jason KimNew American Funding

Paul KimNew American Funding

William KimNew American Funding

Uly KimPrimeLending

Brian KimballNew American Funding

Matt KingNew American Funding

Christina KlapprichNew American Funding

Finn KlemannLBA Ware

Sharon KlineCBRE Capital Markets

Coleen KlineColonial Savings, F.A.

Courtney KlineNew American Funding

Cameron KnudsonPrimary Residential Mortgage, Inc.

Timothy KnuppelNew American Funding

Shelly KobbEverBank

Karen KoneskyNew American Funding

David KoonerNew American Funding

Jerry KoorsMerchants Mortgage

Lee KorengoldNew American Funding

Gregory KovtunBlend

Marci KreighP/R Mortgage & Investment Corporation

Kurt KremsteinCenlar FSB

Hugh Kretschmer, AMPCustomers Bank

Ernest KubacakColonial Savings, F.A.

Valerie KulbaNew American Funding

Beth LaChanceAmeriFirst Financial, Inc.

Megan S LaForestNew American Funding

Steve LaForestNew American Funding

Dave LandinThe Mortgage Company

Toby LaneNew American Funding

Jane LarkinColonial Savings, F.A.

Cissy LarkinDocProbe, LLC

Kellye LashNOIC/Concord

Carryne LatadaNew American Funding

Rex LauCapital Markets Cooperative, LLC

Chris LauterbachColonial Savings, F.A.

Amber LawrenceMortgage Bankers Association

Chris LeeNew American Funding

Jeffery LegginsColonial Savings, F.A.

Bettina LeMereP/R Mortgage & Investment Corporation

Lisa Leonard, AMPMortgage Bankers Association

Brian S LevyKatten & Temple, LLP

Jared LewisPrimary Residential Mortgage, Inc.

Toni Lewis-Bennett, CAEMortgage Bankers Association

William M LibercciNorthMarq Capital, LLC

Henry P LiebCenlar FSB

Steve LilleyAmeriHome Mortgage Company

AS OF JULY 23, 2018MORPAC 2018 MIDYEAR REPORT PAGE 13

C O N T R I B U T O R S ( C O N T. )

Sean LindseyNew American Funding

Alice LipkinNew American Funding

Joni ListonNew American Funding

Dusty LloydNew American Funding

Katrina LokenPrimary Residential Mortgage, Inc.

Aldys A LondonWeiner Brodsky Kider PC

Jerrod LongoriaNew American Funding

Sammy LopezNew American Funding

Korina Lopez MurphyNew American Funding

Alyssa LoughrinPrimary Residential Mortgage, Inc.

Karen S LugarCornerstone Home Lending, Inc.

Kelly LutzCenlar FSB

Tom LynchGateway Mortgage Group, LLC

Tracey LyonsCenlar FSB

Shaun LyonsPrimary Residential Mortgage, Inc.

Rachel MaasNew American Funding

James MackNew American Funding

Michelle ManresaNew American Funding

Leah MarchbanksCitywide Home Loans/CHL Mortgage

Ken MarkisonWeiner Brodsky Kider PC

Mark Maroon, CRUPrimary Residential Mortgage, Inc.

Kathy MarquardtMortgage Bankers Association

Ronni Jean MarrsNew American Funding

Molly MarshNew American Funding

Cheryl L MartinP/R Mortgage & Investment Corporation

Lauren MartinelliNew American Funding

Catherine MartinezColonial Savings, F.A.

Delmy MartinezNew American Funding

Robert MartiniBofI Federal Bank

Jason MartinsonHomeStreet Bank

Lori MarzettColonial Savings, F.A.

Jonathan MaxeyNew American Funding

Tracy Maynard Cole, AMPColonial Savings, F.A.

Maureen McAllisterNew American Funding

Lori McCaghrenMortgage Financial Services

Sean MccallNew American Funding

Carolyn McCauleyCenlar FSB

Debra McCloudNOIC/Concord

David Byron McCollamColonial Savings, F.A.

Denise McConvilleNew American Funding

Janice McDermottNorthMarq Capital, LLC

Lindsey McDonaldNew American Funding

James McGeeColonial Savings, F.A.

Joy C McGeePartners Credit & Verification Solutions

Jessica McLaughlinColonial Savings, F.A.

Mark McLeavyNew American Funding

Shan McLendonColonial Savings, F.A.

Shirley MedeirosHomeStreet Bank

David MeeseCBRE Capital Markets

Kevin MegliP/R Mortgage & Investment Corporation

Mahlon MeierColonial Savings, F.A.

Eva MelgarejoNew American Funding

Jessica MellowayNew American Funding

Sue MelnickBay Equity, LLC

Pamela MennieTeraverde Financial

Nancie MerrickCenlar FSB

Haley MerrittGuardian Mortgage, a Division of Sunflower Bank, NA

Jill MerwinHomeStreet Bank

Heather MessamMortgage Bankers Association

Mark L MeyerMLInc. Mortgage Solutions, LP

Richard MeyerNOIC/Concord

Jonathan MezzadriNew American Funding

Vanessa MilesMerchants Mortgage

Lisa MillerColonial Savings, F.A.

James MillerNew American Funding

Lee Ann MillerNew American Funding

Monica MillicanPrimeLending

John T MintonColonial Savings, F.A.

Joyce MirowNew American Funding

Reid MitchellColonial Savings, F.A.

Jim MitzelPrimary Residential Mortgage, Inc.

Per MoerkesethHomeStreet Bank

Tigran MomdjianNew American Funding

Jason MontgomeryNew American Funding

Deborah J Moore, CMBCapital Markets Cooperative, LLC

Katrina MooreLegacy Mortgage, LLC

Shaun MoothartCBRE Capital Markets

Isela MoranColonial Savings, F.A.

Stephanie MorrisMerchants Mortgage

Barry MottNew American Funding

Miguel Mouriz FrancoNew American Funding

Jeffrey MoyerFirst American Mortgage Solutions

Pam MurphyNew American Funding

Matthew Murphy, AMPThe Commonwealth Group

Jim MuthNew American Funding

Angela Muxworthy, CMBNusenda Credit Union

Nick MyersNew American Funding

Shelli MyersNew American Funding

Dawn NayaHomeStreet Bank

AS OF JULY 23, 2018AS OF JULY 23, 2018PAGE 14 MORPAC 2018 MIDYEAR REPORT

C O N T R I B U T O R S ( C O N T. )

Deborah Ames Naylor, AMPPentagon Federal Credit Union

Austin NealColonial Savings, F.A.

Benjamin T Nelson, AMPD.L. Evans Bank

Debra NesmithNew American Funding

Kimberly M NewellMortgage Bankers Association

Adam NewmanOVM Financial

Anne NguyenNew American Funding

Huyen NguyenNew American Funding

Anthony NguyenTeraverde Financial

Aaron NinnessNew American Funding

Tom NinnessNew American Funding

Lori NoackNew American Funding

Stephanie NoguerolaHomeStreet Bank

Krystal NortonColnial Savings F.A.

Carol NortonNew American Funding

Gary NortonNew American Funding

Pamela NovakFirst Continental Mortgage, Ltd.

Sabrina NowlingElevations Credit Union

Daniel NunezNew American Funding

Jason ObradovichNew American Funding

Timothy P OfakWeiner Brodsky Kider PC

Jeffrey OgdenNOIC/Concord

Jo OlivarNew American Funding

Dan Olsen, CCMSKeyBank Real Estate Capital

Rudy OndrusNOIC/Concord

Juan C Ordaz, AMPColonial Savings, F.A.

Mark OrrColonial Savings, F.A.

Raymond OshmanMegamerica Mortgage Group

Mike OswaldNew American Funding

Gail OyadomariPrimary Residential Mortgage, Inc.

Richard Paddock, CMBChase

Pritesh PadhiarNew American Funding

Christopher PaliskaNew American Funding

Bryan ParkerUnion Home Mortgage

Ralph Parsons, AMPMr. Cooper

Sean ParsonsNew American Funding

Andrew PasillasNew American Funding

Monet and Andrew PasillasNew American Funding

Dhaval PatelNew American Funding

Saisha PatelNew American Funding

Andy PattersonInlanta Mortgage, Inc.

Laura PattersonNew American Funding

Jay PattersonPrimary Residential Mortgage, Inc.

Marc PattersonWeiner Brodsky Kider PC

Andrew J PatykulaSims Mortgage Funding, Inc.

Mary PeakNew American Funding

Roberta Pek, CMBCenlar FSB

Daniel PerezNew American Funding

Reina PerkinsHomeStreet Bank

Jason PerkinsNOIC/Concord

Ian PerryPrimary Residential Mortgage, Inc.

Scott PetersonCBRE Capital Markets

Kevin Pezzani, CMBUnion Home Mortgage

Jeffrey PhilibinPrimeLending

Debra PierceColonial Savings, F.A.

Lori J Pinto, CMBCenlar FSB

William Francis PiperColonial Savings, F.A.

Andrew PodzolkaNew American Funding

Frank PoieszTeraverde Financial

Richard PollockUnion Home Mortgage

Carolyn R PoppeHomeStreet Bank

Matthew PorterCornerstone Home Lending, Inc.

Devin Powers DavisNew American Funding

Michael Denson PrescottColonial Savings, F.A.

Marlene L PriceHomeStreet Bank

Patrick PriceMovement Mortgage

Scott PrichardNew American Funding

Woodrow PriesterCenlar FSB

Yvonne PrInc eDiamond Residential Mortgage Corporation

Shane PrInc eNew American Funding

Tammy PullenCornerstone Home Lending, Inc.

Susan PutnamHomeStreet Bank

Barbara QuickNew American Funding

Kristin QuintanaP/R Mortgage & Investment Corporation

Tanya RadognaNew American Funding

Alejandro RamirezNew American Funding

Kevin Ramirez, AMPNew American Funding

Tom RamirezNew American Funding

Stacy RamosNew American Funding

Troy RampyArch MI

Maria RandallNew American Funding

Saddiyah RandleNew American Funding

Robert RanieriNorthMarq Capital, LLC

Masuda RanjberMortgage Bankers Association

Johnny W RankinNorthMarq Capital, LLC

Brad RatliffPriority Mortgage Corp.

Travis RawlePrimeLending

Chelsey RawleyNew American Funding

Rebecca RayNew American Funding

Joan ReedHomeStreet Bank

AS OF JULY 23, 2018AS OF JULY 23, 2018MORPAC 2018 MIDYEAR REPORT PAGE 15

C O N T R I B U T O R S ( C O N T. )

John ReedNorthMarq Capital, LLC

Scott RegoNew American Funding

Nancy RehseNew American Funding

Lisa ReidPinnacle Financial Partners

Stephanie RembertCornerstone Home Lending, Inc.

Brett ReynoldsGuild Mortgage Company

Jeffrey RicePrimary Residential Mortgage, Inc.

Valerie RichNew American Funding

Sabrina RichardsonCornerstone Home Lending, Inc.

Hilari RinehartCenlar FSB

Jamie RoachNew American Funding

John RobertsonNorthMarq Capital, LLC

John RodenColonial Savings, F.A.

Christina RodriguezColonial Savings, F.A.

Jay RodriguezNew American Funding

Jose RodriguezNew American Funding

Lorraine RodriguezNew American Funding

Manfret RoesnerNew American Funding

Randall D Rogers, Jr P/R Mortgage & Investment Corporation

Patrick RomanNew American Funding

Art RomeroNew American Funding

Geoff RookerPrimary Residential Mortgage, Inc.

Kay RoperColonial Savings, F.A.

Adam RoseNew American Funding

Dan RosenColonial Savings, F.A.

Bill RosenbauerNorthMarq Capital, LLC

Fortunat P SemadeniNew American Funding

Christine RossInlanta Mortgage, Inc.

Terry RossNew American Funding

Mark RoszkoTeraverde Financial

Joyce T RothNorthMarq Capital, LLC

Gloria RoumpakisUnion Home Mortgage

Alicia RoundyMortgage Bankers Association

Patrick RowlesNew American Funding

Denise RoyerMortgage Bankers Association

Gerard RuizNew American Funding

Javier RuizNew American Funding

Sandra RuizNew American Funding

Sunshine RussellAlliance Home Loans

Crystal RustadAmerican Reporting Company

Marc SalletteCBRE Capital Markets

Mary SalsberryNew American Funding

John SamuelsonHomeStreet Bank

Curt SamuelsonNew American Funding

Robert SanchezLegacy Mortgage, LLC

Delilah SanchezNew American Funding

Metta SandersMerchants Mortgage

Nick SantangeloCBRE Capital Markets

Stephanie SauvageNew American Funding

Michelle SchartungNew American Funding

Steve SchauerNew American Funding

John SchiavoAmeriFirst Financial, Inc.

Virginia SchlectCornerstone Home Lending, Inc.

Tim SchmitzNew American Funding

Joy SchnecklothNew American Funding

Tammy SchullerNew American Funding

Mathew F SchulzFirelight Mortgage Consultants

Merrill SchulzeNew American Funding

Fortunat P SemadeniNorthMarq Capital, LLC

Ron SequeiraNew American Funding

Boris SestanColonial Savings, F.A.

Milica SestanColonial Savings, F.A.

Mitchell SeveranceNOIC/Concord

JP SextonArvest Bank

Hovik ShahinianNew American Funding

Leena ShanthakumarSocialSurvey

Peter ShapiroMortgage Bankers Association

Brian ShelbourneP/R Mortgage & Investment Corporation

Dottie SheppickSpecialty Mortgage Product Solutions, LLC

Michael S ShermanCBRE Capital Markets

Vicki ShinnNew American Funding

Mike ShirdelNew American Funding

Kimberly ShortNew American Funding

Jack ShotboltNew American Funding

Peter SilverBank of America

Sue SilvermanNew American Funding

Armand SilvestreNew American Funding

Cindy SimmonsCornerstone Home Lending, Inc.

Elizabeth SimoneNew American Funding

Sara SinghasMortgage Bankers Association

Karen SjodinNew American Funding

Ellen SkaggsNew American Funding

John M SkobaCornerstone Home Lending, Inc.

Dortha SmallMerchants Mortgage

Clavis A SmithAssurance Financial

Stephen R Smith, CMB, AMPMortgage Investors Group

Megan SmithNew American Funding

VInc ent SmithNusenda Credit Union

Chandra SmockNew American Funding

AS OF JULY 23, 2018PAGE 16 MORPAC 2018 MIDYEAR REPORT

C O N T R I B U T O R S ( C O N T. )

Greg SnowHomeStreet Bank

Jeremiah SnyderNew American Funding

Brian SnyderNOIC/Concord

Jay SolversonHomeStreet Bank

Cori SorensonNew American Funding

Wesley SorensonPrimary Residential Mortgage, Inc.

Michael SorohanMortgage Bankers Association

David M SoudersWeiner Brodsky Kider PC

Christy SoukhamneutCertainty Home Loans, LLC

Deborah J SousaMassachusetts Mortgage Bankers Association, Inc.

Jeffrey T SpahnP/R Mortgage & Investment Corporation

Greg SpaneHomeStreet Bank

Brian SpeharColonial Savings, F.A.

Rob Spellman, CMBTowne Mortgage Company

Seth D Sprague, CMBPhoenix Capital, Inc.

Paul StaffordNew American Funding

Tim StaffordNew American Funding

Tom StaffordNew American Funding

David Stagnitti, CMBGenworth Mortgage Insurance

Robert StanfillNew American Funding

Leonard J StanleyCenlar FSB

Debra StarkePrimary Residential Mortgage, Inc.

Sarah B StedfastTowneBank Mortgage

Michael SteerMortgage Quality Management & Research

David K Stein, Esq Bricker & Eckler, LLP

Max StephensAcademy Mortgage Corporation

William A Stokes, CMBAmerican Security Mortgage Corp.

Roger D Stotts, CMBNew American Funding

Peter StrahlerNew American Funding

Nicki StricklandSWBC Mortgage

Brian SullivanP/R Mortgage & Investment Corporation

Emily SullivanPrimary Residential Mortgage, Inc.

Larry SuttonElement Funding

Lisa SwaimNew American Funding

Meredith Swartz DanteBallard Spahr, LLP

Bridgette SweetNew American Funding

A J SwopePrimary Residential Mortgage, Inc.

Bonnye SykesNew American Funding

Stephanie TafoyaNew American Funding

Olivia TagueNew American Funding

Jody TalickNew American Funding

Vernon Tanner, CRCMCrescent Mortgage Company

Janet Tapia ValenciaNew American Funding

Donna TateNOIC/Concord

Travis TaylorColonial Savings, F.A.

Brad TaylorNew American Funding

Pam ThompsonCommonwealth Bank

Aaron ThompsonLegacy Mortgage, LLC

Becky ThompsonNew American Funding

Joe ThompsonPrimeLending

Alan W Thorup, CRMPIndiana Mortgage Bankers Association, Inc.

Deborah ThummaNew American Funding

Christine TiebergCBRE

Kerrie J TomasiewiczSims Mortgage Funding, Inc.

Robert TomlinsonP/R Mortgage & Investment Corporation

Joel TorborgCBRE Capital Markets

Melissa TorresNew American Funding

April TracyNew American Funding

Katina TranNew American Funding

Katie TravigliaNew American Funding

Sara TrujilloNew American Funding

Michael TuckerMortgage Bankers Association

Jeffrey T Tucker, CMB, AMPStudio Bank

Wayne TullCenlar FSB

Regina UhlBlack, Mann & Graham, LLP

Mark C UnangstGershman Mortgage

David UpbinMortgage Bankers Association

Catherine ValseraPrimary Residential Mortgage, Inc.

Mauricio ValverdeTeraverde Financial

Mindy Van Woerkom, AMPMortgage Bankers Association

Victoria VandivierP/R Mortgage & Investment Corporation

Diana VargasNew American Funding

Marcos A VianaNew American Funding

Terry Jean Viera-PodorskiNew American Funding

Aida M VillanuevaBerkeley Point Capital, LLC

Sabine E WadeColonial Savings, F.A.

Katheryne WalkerMortgage Bankers Association

Janet WalterColonial Savings, F.A.

Ed WaltersPrimary Residential Mortgage, Inc.

Timothy WaltersTeraverde Financial

Jeff WaltonTotal Expert, Inc.

Jennifer WardPrimeLending

Beverlie WarlingNorthMarq Capital, LLC

Sarah WarrenMortgage Bankers Association

Scott D WarrenNew American Funding

Samuel C WatersFinkel Law Firm, LLC

Mike WatkinsonPrimeLending

Kimberly WatsonNew American Funding

AS OF JULY 23, 2018MORPAC 2018 MIDYEAR REPORT PAGE 17

C O N T R I B U T O R S ( C O N T. )

Cassandra WaymanPrimary Residential Mortgage, Inc.

Jesse WeberCBRE Capital Markets

Jesse WeinstockNew American Funding

Natalie WelchNew American Funding

Steven WendelCBRE Capital Markets

Vicky WestGuaranty Trust Company

Ronald E WestNew American Funding

Mary WestlakeNew American Funding

Kip WestonNew American Funding

George WheelerNew American Funding

Ken WhislerNew American Funding

Justin WhiteLegacy Mortgage, LLC

Kelli WhitePrimary Residential Mortgage, Inc.

Patricia W WidermanBB&T

Pamela WidmannCenlar FSB

Roy WiedenhoeftNew American Funding

Pamela WilkesNorthMarq Capital, LLC

Aron WillCBRE Capital Markets

Sabrina WilliamsColonial Savings, F.A.

Raymond C WilliamsNew American Funding

Brittani WilliamsNorthMarq Capital, LLC

Dennis M WilliamsNorthMarq Capital, LLC

Kevin A WilliamsonCompass Mortgage, Inc.

John WilloughbyUnion Home Mortgage

Bill WillsColonial Savings, F.A.

Bradley WilmotCBRE Capital Markets

Marcia Wilson, CMB, AMPColonial Savings, F.A.

Wendy WilsonDHI Mortgage Company

Brian WilsonNew American Funding

Joseph WindelsSims Mortgage Funding, Inc.

Theresa WitzCBRE Capital Markets

Melissa K WivaggOld Republic National Title Insurance Company

Antoniette M Wnorowski, CMSCenlar FSB

Joyce WolfCenlar FSB

Brenda WomackNew American Funding

Lauren WoodNew American Funding

Sue WoodardTotal Expert, Inc.

Trey WorleyComerica Bank

Susan WrightNew American Funding

Kevin Yamane, AMPAmerican Pacific Mortgage Corporation

Robert YbarraCBRE Capital Markets

Ignacio Yogues, Jr New American Funding

Sean YoungNew American Funding

Cathy ZobelOnQ Financial

Brennan R ZubrickMortgage Bankers Association

SAVE THE DATE

MBA’s NATIONAL ADVOCACY CONFERENCE 2019

APRIL 2–3 H CAPITAL HILTON H WASHINGTON, DC

AS OF JULY 23, 2018PAGE 18 MORPAC 2018 MIDYEAR REPORT

PA R T I C I PAT I N G C O M PA N I E S

PA R T I C I PAT I N G S TAT E A S S O C I AT I O N

MORPAC ACTION WEEK

Our first MORPAC Action Week was a productive one. We added

235 new MORPAC contributors who gave $231,893, bringing

our total dollars raised to $1.7 million for the 2017–2018 cycle.

We want to personally thank each individual for contributing during

MORPAC Action Week. A very special thank you goes out to the nine

companies and one state association who ran company campaigns

during our first MORPAC Action Week. We know that running a

company campaign is not a simple task. Their efforts contributed

to our success and we are so grateful for it.

SAVE THE DATEAPRIL 2–3 H CAPITAL HILTON H WASHINGTON, DC

MORPAC 2018 MIDYEAR REPORT PAGE 19

C O M PA N I E S W I T H L A R G E S T N U M B E R O F M A A M E M B E R S A S O F 6 / 3 0 / 2 0 1 8

COMPANY# MAA

MEMBERS

2,273

2,256

1,340

1,284

989

COMPANY# MAA

MEMBERS

744

549

540

532

515

46,294LETTERS AND TWEETS SENT IN 2017–2018 ELECTION

CYCLE, UP OVER 350% FROM 2015–2016 CYCLE

27,135MAA MEMBERS, UP OVER 76%

FROM BEGINNING OF 2017

MORTGAGE ACTION ALLIANCE (MAA) UPDATE

2,947ADVOCATES HAVE DOWNLOADED

THE MAA MOBILE APP

95%OF SENATORS AND REPRESENTATIVES

CONTACTED THROUGH MAA

PAGE 20 MORPAC 2018 MIDYEAR REPORT

MAA Action Week

Thanks to everyone who participated in MAA Action Week 2018. When we strengthen

our numbers we strengthen our voice. This allows us to play an active role in how laws

and regulations that affect the industry and our customers are created and carried out.

T O P 1 0 C O M PA N I E S B Y N E W M A A M E M B E R S

COMPANY# MAA

MEMBERS

898

539

360

263

229

COMPANY# MAA

MEMBERS

187

124

117

113

112

4,225NEW MAA MEMBERS

12INDIVIDUALS SPREAD

THE WORD TO THEIR

PROFESSIONAL

NETWORKS

49COMPANIES RAN

CAMPAIGNS

20STATE & LOCAL

ASSOCIATIONS

RECRUITED NEW MAA

MEMBERS

MAA UPDATE (CONT )

Join us for our next MAA Action Week: Spring 2019S TAY T U N E D W I T H M A A F O R S P E C I F I C S .

MORPAC 2018 MIDYEAR REPORT PAGE 21

T O P I N D I V I D U A L A C T I O N TA K E R S I N 2 0 1 8

NAME COMPANY TITLE

Adam Rose New American Funding Sales Manager

Jason Hultgren State Bank and Trust SVP Mortgage Production Manager

Barbara Hall Cascade Financial Closing Assistant

G William Elliott, Jr Envoy Mortgage Branch Manager

Tonya Ellis Crescent Mortgage Company AVP Operations

Dan Pasman Colonial Savings, F.A. Mortgage Loan Officer

Jennifer Clement PrimeLending Loan Officer

James Mack New American Funding VP Production

Gene Lugat PrimeLending EVP-Eastern Division Manager

Tara Healy Cherry Creek Mortgage Co., Inc. AVP of Compliance

T O P S TAT E S B Y N E W M A A

M E M B E R S

STATE #

Texas 961

California 921

Washington 204

Michigan 150

Arizona 142

Indiana 135

Colorado 127

Florida 125

Minnesota 105

Georgia 100

MAA UPDATE (CONT )

FOLLOWERS ON SOCIAL MEDIA

   

MAA MOBILE APPThe Mortgage Action Alliance (MAA) App is designed to make standing up for the real estate finance industry easier than ever.

Learn more at mba.org/MAAapp or text MAA to 31-31-31 to download.

4,000

PAGE 22 MORPAC 2018 MIDYEAR REPORT

Over the past year-and-a-half, MBA has worked relentlessly on behalf of our

members and the industry at large. Importantly, MBA had major wins with the

Tax Cuts and Jobs Act (Public Law 115–97) and The Economic Growth, Regulatory

Relief and Consumer Protection Act, (Public Law 115-174) securing many important

provisions to MBA members (more details included in the Legislative & Political

Update that follows). Below are key highlights of our efforts, emphasizing

where we have made progress for you on Capitol Hill and in state capitals.

• Created exception for MSRs to maintain current deferred tax treatment within sweeping tax bill, H.R. 1 (now P.L. 115-97).

• Protected key tax provisions in package including: cap gains rollover on sale of principle residence, MRBs and credit certificates, business interest deductibility and 1031 like-kind exchanges.

• Advocated for IMB eligibility for pass-through deduction on qualified business income (implementation advocacy ongoing with Treasury and IRS).

• Testified on Capitol Hill on GSE reform, regulatory relief, protections for VA borrowers.

• Maintained primary thought-leader status on housing finance reforms with key members/staff of House Financial Services/Senate Banking Committees.

• Secured enactment of S. 2155 (now P.L. 115-174) with key mortgage-related regulatory relief provisions:

• SAFE Act amendments to provide 120 days of transitional authority for MLOs to originate when leaving a depository to join a sponsoring non-bank (or when crossing state lines);

+ Applying TILA consumer protections to PACE/energy efficiency mortgage products;

+ Added safeguards to protect veterans, surviving spouses and service members who utilize the VA Home Loan program’s IRRRL refinancing product;

+ An improved, more workable regulatory regime for the eligibility of High Volatility Commercial Real Estate (HVCRE) construction loans; and,

+ Partial TRID and HMDA relief.

• Prevented inclusion of FHA administrative fee and secured prohibition of funds used to seize mortgages via eminent domain in FY18 omnibus federal funding package. Efforts ongoing as part of FY19 debate.

• Achieved bipartisan House passage of bills to:

+ Allow for MLO transitional licensing (H.R. 3978);

+ Exempt small non-banks and depositories from HMDA reporting requirements (H.R. 2954);

+ Create a fair federal financial examination appeals process for both non-banks and depositories (H.R. 4545);

+ Adjust the TILA definition of “points and fees” under the ATR/QM rule (H.R. 1153);

+ Expand the required review of financial regulatory requirements and shorten the review period to at least every 7 years (H.R. 4607); and,

+ Favorably reform the National Flood Insurance Program (series of bills).

• Secured introduction of bipartisan legislation to:

+ Allow certain captive insurance companies to restore their FHLB membership (S. 2361);

+ Restructure the BCFP from a sole director to a bipartisan commission (H.R. 5266); and,

+ Ensure BCFP provides regular written guidance on key rules (H.R. 5534).

+ Developed model state legislation and organized industry campaign to adopt a common remote online notarization process.

CELEBRATING OUR 2017–2018 CYCLE PROGRESS

MORPAC 2018 MIDYEAR REPORT PAGE 23

LEGISLATIVE AND POLITICAL UPDATE

Once again, MBA hosted another successful National Advocacy Conference (NAC).

Nearly 400 industry advocates from over 40 states attended MBA’s NAC this past April.

The event played host to a slate of congressional and administration speakers including:

Senate Banking Committee (SBC) Chairman Mike Crapo (R-ID), HUD Deputy Secretary

Pamela Patenaude, senior SBC Democrat Bob Menendez (D-NJ) and House Financial

Services Committee (HFSC) members Reps. French Hill (R-AR), Denny Heck (D-WA) and

Trey Hollingsworth (R-IN). On Wednesday, April 25, over 360 attendees participated in

230 official constituent meetings with their Senators and Representatives on Capitol Hill.

The NAC Hill Day once again also included a tailored Commercial/Multifamily track. Our CREF members heard directly from speakers that included Senate HUD Appropriations Subcommittee and SBC member Jack Reed (D-RI), House Ways and Means Committee member Rep. Mike Bishop (R-MI), and HFSC members Reps. Nydia Velazquez (D-NY) and Tom Emmer (R-MN), along with key staff from the offices of Senators Tom Cotton (R-AR), Mike Lee (R-UT) and Doug Jones (D-AL) and David Scott (D-GA).

Just this May, President Trump signed S. 2155, the Economic Growth, Regulatory Relief, and Consumer Protection Act, into public law. This package was the result of several years of legislative advocacy by MBA and contains a number of provisions that will improve the regulatory landscape for both residential and commercial/multifamily mortgage lenders.

Regulatory ReliefThe Economic Growth, Regulatory Relief, and Consumer Protection Act (S. 2155), signed into public law (P.L. 115-174) by President Trump on May 24, 2018, contains many MBA priorities, including: SAFE Act transitional authority to originate; additional consumer protections for VA Interest Rate Reduction Refinance Loans; the application of TILA consumer protections to PACE loans; improvements to the HVCRE regulatory regime; and, partial TRID and HMDA reporting relief. A detailed summary of provisions impacting mortgage lending follows:

Section 106, SAFE Act Transitional Authority to Originate: After nearly a decade of advocacy by MBA, states must now provide temporary authority for mortgage loan officers (MLOs) to originate while transitioning between federally- insured depositories and non-depositories, as well as across state lines. The bill requires states to grant this 120-day transitional authority to individuals who are already employed by a financial institution and are a registered loan originator, while retaining the important consumer

safeguards contained within the current SAFE Act statute. States now have 18 months to implement the transitional authority provision.

Section 309, VA “Loan Churning:” The law contains a provision, based on legislation (S. 2304) first introduced by Senators Thom Tillis (R-NC) and Elizabeth Warren (D-MA), requiring a net tangible benefit test for all VA IRRRLs. IRRRLs would no longer be eligible for the VA guaranty unless they meet requirements such as a maximum fee recoupment period, a net tangible benefit test for the borrower, and a minimum loan seasoning period. Importantly, these reforms are targeted at recent instances of churning in the marketplace, while preserving beneficial refinancing opportunities for appropriate VA borrowers.

PAGE 24 MORPAC 2018 MIDYEAR REPORT

Section 214, High Volatility Commercial Real Estate (HVCRE) Legislation: S. 2155 addresses several specific issues in the regulations governing what is an HVCRE loan. The law permits withdrawal of HVCRE classification when a project meets underwriting requirements for permanent financing; permits withdrawal of contributed capital when a project meets underwriting requirements for permanent financing, permits withdrawal of internally generated capital; permits banks to count the value of appreciated property

toward the borrower’s required 15 percent capital contribution; and exempts loans originated prior to January 1, 2015.

Effective immediately, Section 214 supersedes contrary provisions of the current HVCRE rule and any successor rule, limiting the banking agencies’ authority to assign a heightened risk weight to a credit facility that finances or has financed the acquisition, development or construction of real property, to credit facilities that fall within the scope of the definition of “HVCRE ADC Loan” specified in Section 214. Notably, Section 214 would not eliminate the higher, 150 percent risk weight for HVCRE ADC loans or incentives for banks to mitigate ADC lending risk.

Section 307, PACE Consumer Protections: The law creates disclosure and ability to repay requirements for Property Assessed Clean Energy (PACE) loans to finance energy improvements. MBA secured introduction of similar, standalone, language in both the House and Senate in 2017. The provision requires a loan originator to determine that the borrower has a reasonable ability to repay the loan being offered. In this regard, Section 307 is an important first step toward appropriately regulating PACE lending and ensuring that PACE borrowers are fully informed and protected from predatory lending practices, i.e., establishing a national consumer protection standard for PACE loans.

Section 104, HMDA Relief: Section 104 amends the Home Mortgage Disclosure Act (HMDA) to expand exemptions on itemized disclosures to HMDA added by the Dodd-Frank Act. The law exempts from these disclosures closed- end mortgages and open-end lines of credit for those banks and credit unions who originate fewer than 500 closed-end mortgages or 500 open-end lines of credit in the last two years, respectively. MBA continues to advocate for an extension of the exemption to include all small mortgage originators, including small independent mortgage banks. Such an exemption would reduce the regulatory burden placed upon all smaller community lenders by increased HMDA reporting requirements. As it relates to multifamily lending and servicing, we continue to support a complete exemption from the HMDA reporting requirements for these loans, as these business purpose loans were never intended to be captured by HMDA.

Section 109, TRID Relief: The law includes an MBA-supported “Sense of Congress” in Section 109(b) in favor of needed clarity for the TILA- RESPA integrated disclosures (TRID). This subsection asks the Bureau of Consumer Financial Protection (BCFP) to provide clearer, authoritative guidance on several components of the TRID Rule. Specifically, the statement requests clarity on the Rule’s applicability to mortgage assumption transactions and construction-to- permanent home loans. Finally, the request seeks clarity on the extent to which lenders can rely on model disclosures published by the BCFP, without liability, if recent changes to regulations are not reflected in those disclosures.

MORPAC 2018 MIDYEAR REPORT PAGE 25

MBA also supports the intent behind the “No Wait for Lower Rates” section of the new law. However, as currently structured, this section only impacts “high cost mortgages” rather than providing broader relief.

Section 310, Credit Score Competition: Section 310 of the law encourages competition in the development and usage of credit scoring models for residential mortgages. Heightened competition should produce more accurate modeling, which in turn provides a variety of benefits for consumers, lenders, and investors.

Section 101, QM Portfolio Relief for Small Banks: Section 101 extends “Qualified Mortgage” status to loans originated by, and retained in the portfolios of, banks and credit unions with less than $10 billion in consolidated assets. This expansion of QM status does not apply to loans with interest-only or negative- amortization features, points and fees above the existing cap of 3 percent of the loan amount, or prepayment penalties that are in violation of existing QM requirements. MBA continues to advocate for an expansion of QM status to loans originated by any lender, provided that they are transferred to, and subsequently held in the portfolio of, a community bank or credit union within 90 days of their origination.

GSE ReformMBA remains a pivotal player (and technical advisor) to key principals and staff in both the House and Senate. Despite the hearings held by both congressional authorizing com-mittees on the topic last year — including detailed scrutiny of the MBA preferred model — momentum for action on comprehensive legislation has stalled. While continuing to meet with targeted leadership offices (and Executive Branch players) to push for appropriate action — either administrative or legislative — we are also urging appropri-ate Hill oversight regarding a series of actions by the GSEs (and FHFA) that we believe have allowed the agencies to encroach upon the boundaries of their respective charters.

GUIDE ActMBA was instrumental in securing the April introduction of H.R. 5534, also known as the GUIDE Act, by Representatives Sean Duffy (R-WI) and Ed Perlmutter (D-CO). The proposal, which was conceptualized by RESBOG and MBA staff roughly three years ago, seeks to provide transparency to BCFP’s process of providing rules and guidance to provide

lenders with more certainty — and better protect consum-ers by addressing the current “regulation by enforcement” regime. More specifically, the bill:

• Mandates that the Director issue “guidance” that is necessary or appropriate to carry out the purpose of the laws it is responsible for including facilitating compliance;

• Defines “guidance” to include a range of written issuances from interpretative and legislative rules, to bulletins and frequently asked questions;

• Requires the Bureau to publish in the Federal Register within one year of enactment the definitions, criteria, timelines and process for issuing each type of guidance the Bureau shall provide, with a final rule required within 18 months of enactment;

• Prohibits liability for reliance in good faith on guidance from the Bureau or any predecessor agency that was in effect at the time of such act or omission;

• Requires the Bureau to establish a process and timeframes for requests for guidance, including time limits to provide answers in response to requests for guidance;

• Requires the Bureau to create a process for amending or revoking guidance, including a process for public notice and comment;

• Requires the Bureau to develop guidelines for determining the size of any civil money penalties and publish these guidelines in the Federal Register within 18 months of enactment.

PAGE 26 MORPAC 2018 MIDYEAR REPORT

False Claims ActIn early July, House Financial Services Committee members Josh Gottheimer (D-NJ) and Lee Zeldin (R-NY) intro-duced MBA-supported legislation to repair the FHA false claims process (H.R. 5993). The Fixing Housing Access Act, addresses the legal and operational risks associated with originating FHA-insured loans and potential claims brought by the Department of Justice (DOJ) under the False Claims Act and the Financial Institutions Reform, Recovery, and Enforcement Act (FIRREA). The legislation does not hamper the DOJ’s ability to pursue bad actors; instead, it clarifies and improves the timing associated with potential violations and relevant statutes of limitations, as well as the calculation of damages for originating FHA-insured loans. The legislation also specifies that essential elements of a claim be proven for each individual claim rather than through the problematic use of statistical sampling.

Tax ImplementationAlthough sweeping tax legislation was signed into law (P.L. 115-97) last December, many provisions of the Tax Cut and Jobs Act (TCJA) still require additional clarity and guidance. MBA has been working extensively with policymakers to obtain guidance in areas important to our industry, in par-ticular the provision that creates a new section of the tax code (199A) permitting a deduction of up to 20 percent for qualified business income of pass- through organizations. In particular, the scope of the pass-through deduction within this new section requires clarification from Treasury and the IRS to ensure that independent mortgage companies structured as pass-throughs are eligible for this important deduction. MBA has recruited the help of Ways and Means Committee member Mike Bishop (R-MI) on this issue, and we continue to work with members and staff of the Joint Committee on Taxation and the Senate Finance Committee to press our case with the administration — and thereby work to ensure that mortgage companies are eligible for the deduction.

Budget and AppropriationsCongress has begun the Appropriations process for Fiscal Year (FY) 2019. The House Appropriations Committee marked up its FY 2019 Transportation and HUD (T-HUD) funding bill on May 23, and the Senate Appropriations Committee marked up its counterpart version on June 7. On August 1, the Senate passed a package of appropriations bills, including the Fiscal Year (FY) 2019 Transportation, Housing and Urban Development (THUD) and Financial Services and General Government (FSGG) Appropriations bills. The House and Senate must now reconcile differing funding levels and legislative provisions in the bills in a con-ference meeting. For example, the Senate THUD provisions included $900 million more than the House legislation and

$12.8 billion more than President Trump’s budget request. Of note, neither THUD bill contains language supporting a lender fee for FHA technology. However, the Senate bill directs $20 million for modernizing FHA’s IT systems, including improving single-family processing underwriting and delivery, claims systems, and program compliance. The Senate FSGG bill did not include financial services riders such as the Mortgage Choice Act and the TRID Improvement Act. The House bill included both along with governance changes to the Bureau of Consumer Financial Protection. MBA continues to press for our priorities within these bills as they progress towards floor consideration.

In March, Congress passed, and President Trump signed, a $1.3 trillion omnibus spending bill which funds the govern-ment through the end of the current fiscal year (September 30). The package contains several of MBA’s priorities, and notably did not include authority for an FHA administrative fee for IT upgrades and quality assurance. Other specific highlights for MBA members include:

HUD Funding: HUD would receive a net total of $42.7 billion, an increase of $3.9 billion, or 10 percent, over the fiscal year 2017 enacted level. That figure is also over $11 billion more than what the Trump administration sought in net discretionary funding. Additional HUD highlights include:

• No authority for an FHA administrative fee for purposes of IT upgrades and quality assurance;

• $130 million for FHA administrative contract expenses ($30 million below HUD’s request);

• $55 million to HUD for housing counseling assistance ($8 million above HUD’s request);

• $30 billion in FHA multifamily and health care commitment authority;

• $27 million in administrative contract expenses for Ginnie Mae ($1.6 million above HUD’s request);

• $33.5 billion for Project- and Tenant-Based Section 8 Rental Assistance (roughly $3.5 billion more than the FY2017 enacted level), $3.365 billion for Community Development Block Grants ($305 million more than FY2017), and $1.36 billion for HOME Investment Partnerships ($412 million more than FY 2017);

MORPAC 2018 MIDYEAR REPORT PAGE 27

• A policy rider that would prohibit HUD financing of properties that have been subject to eminent domain;

• A policy rider that would prohibit HUD funds be used to either require or enforce a Physical Needs Assessment (PNA); and,

• A policy rider that would prohibit HUD from directing a grantee to undertake a zoning law change as part of the Affirmatively Furthering Fair Housing Rule.

Expands Low-Income Housing Tax Credits: Importantly, the omnibus includes legislation largely based on the Cantwell-Hatch Affordable Housing Credit Improvement Act (S. 548), which expands availability of the low-income housing tax credit program for the next four years (2018-2021). Specifically, it expands the tax credit allocation by 12.5 percent each year, resulting in an estimated additional 35,000 affordable housing units.

Tax Reform Implementation: The IRS received $11.4 billion in total, of which $320 million must be used towards the implementation of tax reform. No tax extenders (e.g., LIHTC, mortgage debt forgiveness and/or MI premium deductibility) for calendar year 2018 were included in the package.

The package also includes a general provision calling on the Office of Management and Budget (OMB) to “submit a report to the Committees on Appropriations of the House of Representatives and the Senate on the costs of implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act.”

Flood Insurance: An important facet of the FY18 omnibus package was the decoupling of the National Flood Insurance Program (NFIP) from government funding, meaning pro-gram authority would expire on July 31, 2018 rather than at the end of the fiscal year. In July, MBA joined 21 other stakeholders in a letter urging Congress to reauthorize the NFIP ahead of the July 31, 2018 expiration deadline. Congress has yet to pass a long-term reauthorization of the program which has already resulted in a series of six stop-gap extensions and two brief lapses in 2017 and 2018. While the House passed a series of bills to extend and reform the NFIP, the Senate has yet to coalesce around an agreement.

Also in July, Sen. Bill Cassidy (R-LA) offered a motion to instruct Senate conferees named to reach consensus with the House on an FY19 Energy and Water measure to include a 6 month NFIP extension within that bill. The motion was agreed to by an overwhelming vote of 95-4, demonstrating that such a provision has support sufficient to ultimately prevail. The vote follows the inclusion of a straight NFIP extension of six months within the Senate’s Farm Bill reauthorization proposal (that still needs to be reconciled with the House’s version).

HFSC Chairman Jeb Hensarling continues to insist on certain NFIP-related program reforms (e.g., an expansion of acceptable private flood insurance alternatives) before he will yet agree to any long-term reauthorization. MAA members have been engaged on this issue throughout the year to ensure that NFIP authority does not lapse, thereby putting closings and home sales potentially at risk. MBA staff continues to advocate for a long-term reauthorization (five years), with reforms that will exempt commercial and multifamily properties from mandatory NFIP purchase requirements, along with changes that will foster further development of the private flood insurance market.

On Tuesday, July 31, the Senate passed a four-month exten-sion of the NFIP. President Trump signed the legislation just hours before the program was scheduled to lapse. The House of Representatives overwhelmingly passed the extension the week before. MBA sent a letter of support and the Mortgage Action Alliance issued a Call to Action urging Members of Congress to reauthorize the program. MBA President and CEO David H. Stevens, CMB, issued a statement praising Congress for the extension. MBA continues to call for a long-term extension of the program (preferably for five years), an exemption for commercial/multifamily properties from NFIP mandatory purchase requirements, and the development of meaningful private flood insurance alternatives.

FHLB MembershipMBA has also secured bipartisan, bicameral introduction of legislation to reinstate FHLB membership eligibility for captive insurance subsidiaries of Mortgage REITs and other affected parent companies (H.R.2890 and S.2361). We continue to work to find a suitable House or Senate vehicle to advance these companion proposals.

PAGE 28 MORPAC 2018 MIDYEAR REPORT

MORPAC has contributed to the following candidates and committees in the 2017–2018 election cycle.

H O U S E O F R E P R E S E N TAT I V E S

C O M M I T T E E N A M E C A N D I DAT E A M O U N T

Alex Mooney for Congress Rep. Alex X. Mooney (R) $2,500.00

Andy Barr for Congress, Inc. Rep. Andy Barr IV (R) $9,000.00

Building America’s Republican Representation PAC Rep. Andy Barr IV (R) $2,500.00

Ann Wagner for Congress Rep. Ann L. Wagner (R) $10,000.00

Kuster for Congress, Inc. Rep. Ann McLane Kuster (D) $2,500.00

Comstock for Congress Rep. Barbara J. Comstock (R) $2,000.00

Loudermilk for Congress Rep. Barry D. Loudermilk (R) $7,500.00

People for Ben Rep. Ben Ray Lujan Jr. (D) $3,500.00

Bill Foster for Congress Rep. Bill Foster (D) $10,000.00

Fostering Progress PAC Rep. Bill Foster (D) $1,000.00

Huizenga for Congress Rep. Bill P. Huizenga (R) $10,000.00

Upper Hand Fund Rep. Bill P. Huizenga (R) $5,000.00

Blaine for Congress Rep. Blaine Luetkemeyer (R) $10,000.00

Building Leadership and Inspiring New Enterprise PAC Rep. Blaine Luetkemeyer (R) $10,000.00

Sherman for Congress Rep. Brad J. Sherman (D) $7,500.00

Southern California Fund Rep. Brad Sherman (D) $2,500.00

Schneider for Congress Rep. Bradley S. Schneider (D) $1,000.00

Brian Fitzpatrick for Congress Rep. Brian K. Fitzpatrick (R) $2,000.00

Poliquin for Congress Rep. Bruce L. Poliquin (R) $10,000.00

Pine Tree PAC Rep. Bruce Poliquin (R) $1,000.00

Bunni Pounds for Congress Rep. Bunni Pounds (R) $2,500.00

Carlos Curbelo for Congress Rep. Carlos L. Curbelo (R) $3,000.00

Maloney for Congress Rep. Carolyn B. Maloney (D) $8,500.00

Charlie Crist for Congress Rep. Charles J. Crist (D) $4,000.00

Friends of Cheri Bustos Rep. Cheri L. Bustos (D) $3,000.00

Claudia Tenney for Congress Rep. Claudia Tenney (R) $6,000.00

Friends of Dan Kildee Rep. Dan T. Kildee (D) $8,500.00

Donovan for Congress Rep. Daniel M. Donovan Jr. (R) $2,000.00

Friends of Dave Joyce Rep. Dave P. Joyce (R) $1,000.00

David Scott for Congress Rep. David A. Scott (D) $7,500.00

Trott for Congress, Inc. Rep. David A. Trott (R) $4,500.00

Young for Iowa, Inc. Rep. David E. Young (R) $2,500.00

Kustoff for Congress Rep. David F. Kustoff (R) $5,000.00

Valadao for Congress Rep. David G. Valadao (R) $2,000.00

Friends of Dennis Ross Rep. Dennis A. Ross (R) $5,000.00

Denny Heck for Congress Rep. Denny Heck (D) $9,500.00

People for Derek Kilmer Rep. Derek Kilmer (D) $5,500.00

Devin Nunes Campaign Committee Rep. Devin G. Nunes (R) $1,000.00

Matsui for Congress Rep. Doris O. Matsui (D) $2,000.00

EDPAC Rep. Ed G. Perlmutter (D) $6,000.00

Perlmutter for Congress Rep. Ed G. Perlmutter (D) $10,000.00

Road to Freedom Political Action Committee Rep. Ed R. Royce (R) $5,000.00

MORPAC MIDYEAR DISBURSEMENTS

MORPAC 2018 MIDYEAR REPORT PAGE 29

C O M M I T T E E N A M E C A N D I DAT E A M O U N T

Cleaver for Congress Rep. Emanuel Cleaver II (D) $9,000.00

Future Forum PAC Rep. Eric M. Swalwell (D) $5,000.00

Swalwell for Congress Rep. Eric M. Swalwell (D) $1,500.00

Evan Jenkins for Congress Rep. Evan H. Jenkins (R) $5,000.00

Lucas for Congress Rep. Frank D. Lucas (R) $1,000.00

French Hill for Arkansas Rep. French Hill (R) $10,000.00

In the Arena PAC Rep. French Hill (R) $5,000.00

Connolly for Congress Rep. Gerry E. Connolly (D) $2,000.00

Walden for Congress Rep. Greg P. Walden (R) $2,500.00

Friends for Gregory Meeks Rep. Gregory W. Meeks (D) $5,000.00

Giving Willingly Empowering Nationally (GWEN) PAC Rep. Gwen S. Moore (D) $2,000.00

Moore for Congress Rep. Gwen S. Moore (D) $10,000.00

Building Relationships In Diverse Geographic Environments PAC (BRIDGE PAC) Rep. James E. Clyburn (D) $7,500.00

Friends of Jim Clyburn Rep. James E. Clyburn (D) $3,000.00

Jason Lewis for Congress, Inc. Rep. Jason M. Lewis (R) $2,000.00

Mr. Southern Missourian In the House PAC Rep. Jason Smith (R) $5,000.00

Friends of Jeb Hensarling Rep. Jeb Hensarling (R) $5,000.00

Jobs, Economy and Budget Fund (JEB Fund) Rep. Jeb Hensarling (R) $10,000.00

Denham for Congress Rep. Jeff Denham (R) $2,000.00

Himes for Congress Rep. Jim A. Himes (D) $10,000.00

Jobs and Innovation Matter PAC (JIM PAC) Rep. Jim A. Himes (D) $10,000.00

Texans for Jody Arrington Rep. Jodey Cook Arrington (R) $2,500.00

Joe Kennedy for Congress Rep. Joe P. Kennedy III (D) $2,500.00

Culberson for Congress Rep. John A. Culberson (R) $2,000.00

Larson for Congress Rep. John B. Larson (D) $7,500.00

Synergy PAC Rep. John B. Larson (D) $2,500.00

Faso for Congress Rep. John J. Faso (R) $3,000.00

Friends of John Delaney Rep. John K. Delaney (D) $2,500.00

Katko for Congress Rep. John M. Katko (R) $2,000.00

Crowley for Congress Rep. Joseph Crowley (D) $10,000.00

Josh Gottheimer for Congress Rep. Josh S. Gottheimer (D) $5,000.00

Beatty for Congress Rep. Joyce B. Beatty (D) $8,500.00

Handel for Congress, Inc. Rep. Karen C. Handel (R) $2,000.00

Kathleen Rice for Congress Rep. Kathleen M. Rice (D) $2,500.00

Rothfus for Congress Rep. Keith J. Rothfus (R) $8,000.00

Ken Calvert for Congress Committee Rep. Ken S. Calvert (R) $2,500.00

Kenny Marchant for Congress Rep. Kenny E. Marchant (R) $1,000.00

Kevin McCarthy for Congress Rep. Kevin McCarthy (R) $10,000.00

Majority Committee PAC — MC PAC Rep. Kevin McCarthy (R) $10,000.00

Brady for Congress Rep. Kevin P. Brady (R) $5,000.00

Making America Prosperous PAC Rep. Kevin P. Brady (R) $5,000.00

Yoder for Congress, Inc. Rep. Kevin W. Yoder (R) $7,000.00

Kyrsten Sinema for Congress Rep. Kyrsten Sinema (D) $10,000.00

Zeldin for Congress Rep. Lee M. Zeldin (R) $8,500.00

Democrats Reshaping America (DREAMPAC) Rep. Linda Sanchez (D) $2,500.00

H O U S E O F R E P R E S E N TAT I V E S ( C O N T. )

PAGE 30 MORPAC 2018 MIDYEAR REPORT

C O M M I T T E E N A M E C A N D I DAT E A M O U N T

Committee to Re-Elect Linda Sanchez Rep. Linda T. Sanchez (D) $5,500.00

Lou Correa for Congress Rep. Lou Correa (D) $1,000.00

Luke Messer for Congress Rep. Luke Messer (R) $5,000.00

Mario Diaz-Balart for Congress Rep. Mario Diaz-Balart (R) $6,500.00

Citizens for Waters Rep. Maxine Waters (D) $9,000.00

Friends of Mia Love Rep. Mia B. Love (R) $4,500.00

Mike Bishop for Congress Rep. Michael D. Bishop (R) $7,000.00

Capuano for Congress Committee Rep. Michael E. Capuano (D) $7,500.00

Mike Gallagher for Wisconsin Rep. Michael J. Gallagher (R) $2,000.00

Quigley for Congress Rep. Mike Quigley (D) $5,000.00

Mike Thompson for Congress Rep. Mike Thompson (D) $2,500.00

Walters for Congress Rep. Mimi Walters (R) $3,500.00

Nancy Pelosi for Congress Rep. Nancy Pelosi (D) $5,000.00

PAC to the Future Rep. Nancy Pelosi (D) $5,000.00

Committee to Re-Elect Nydia M. Velazquez to Congress Rep. Nydia M. Velazquez (D) $6,500.00

Tiberi for Congress Rep. Pat J. Tiberi (R) $5,000.00

Pat Meehan for Congress Rep. Patrick L. Meehan Jr. (R) $1,000.00

McHenry for Congress Rep. Patrick T. McHenry (R) $7,500.00

More Conservatives PAC (MCPAC) Rep. Patrick T. McHenry (R) $5,000.00

Prosperity Action, Inc. Rep. Paul D. Ryan (R) $10,000.00

Ryan for Congress, Inc. Rep. Paul D. Ryan (R) $5,000.00

People for Enterprise Trade and Economic Growth (PETE PAC) Rep. Pete A. Sessions (R) $2,500.00

Pete Sessions for Congress Rep. Pete A. Sessions (R) $2,500.00

Pete Aguilar for Congress Rep. Peter Aguilar (D) $7,500.00

Roskam for Congress Committee Rep. Peter J. Roskam (R) $3,500.00

Randy Hultgren for Congress Rep. Randy M. Hultgren (R) $7,000.00

Richard E Neal for Congress Committee Rep. Richard E. Neal (D) $8,000.00

First In Freedom PAC Rep. Richard L. Hudson Jr. (R) $2,500.00

Pittenger for Congress, LLC Rep. Robert M. Pittenger (R) $5,000.00

Rodney for Congress Rep. Rodney L. Davis (R) $1,000.00

Roger Williams for U.S. Congress Committee Rep. Roger Williams (R) $5,000.00

Kind for Congress Committee Rep. Ron J. Kind (D) $5,000.00

Ruben Kihuen for Congress Rep. Ruben J. Kihuen (D) $5,000.00

Ryan Costello for Congress Rep. Ryan A. Costello (R) $2,000.00

Scott Peters for Congress Rep. Scott H. Peters (D) $5,000.00

VoteTipton.Com Rep. Scott R. Tipton (R) $2,500.00

Scott Taylor for Congress Rep. Scott W. Taylor (R) $2,000.00

AX PAC Rep. Sean P. Duffy (R) $5,000.00

Duffy for Wisconsin Rep. Sean P. Duffy (R) $10,000.00

Sean Patrick Maloney for Congress Rep. Sean P. Maloney (D) $1,500.00

Moulton for Congress Rep. Seth W. Moulton (D) $1,000.00

AMERIPAC: the Fund for a Greater America Rep. Steny H. Hoyer (D) $7,500.00

Hoyer for Congress Rep. Steny H. Hoyer (D) $7,500.00

Stephanie Murphy for Congress Rep. Stephanie Murphy (D) $1,000.00

Stivers for Congress Rep. Steve E. Stivers (R) $10,000.00

H O U S E O F R E P R E S E N TAT I V E S ( C O N T. )

MORPAC 2018 MIDYEAR REPORT PAGE 31

C O M M I T T E E N A M E C A N D I DAT E A M O U N T

Support to Ensure Victory Everywhere PAC — Steve PAC Rep. Steve E. Stivers (R) $5,000.00

Scalise for Congress Rep. Steve J. Scalise (R) $8,500.00

The Eye of the Tiger Political Action Committee Rep. Steve J. Scalise (R) $10,000.00

Steve Knight for Congress Rep. Steve T. Knight (R) $4,500.00

DelBene for Congress Rep. Suzan K. DelBene (D) $3,500.00

Tedd Budd for Congress Rep. Ted P. Budd (R) $5,500.00

Terri Sewell for Congress Rep. Terri A. Sewell (D) $8,500.00

Together Everyone Realizes Real ImPACt — Terri PAC Rep. Terri A. Sewell (D) $5,000.00

Emmer for Congress Rep. Thomas E. Emmer Jr. (R) $10,000.00

Tom MacArthur for Congress, Inc. Rep. Thomas MacArthur (R) $7,000.00

Electing Majority Making Effective Republicans Rep. Tom Emmer (R) $1,500.00

Georgia PAC Rep. Tom Graves Jr. (R) $2,500.00

Graves for Congress Rep. Tom Graves Jr. (R) $6,500.00

Tom Rice for Congress Rep. Tom Rice Jr. (R) $1,000.00

Trey for Congress Rep. Trey Hollingsworth III (R) $10,000.00

Vicente Gonzalez for Congress Rep. Vicente Gonzalez (D) $2,000.00

Davidson for Congress Rep. Warren Davidson (R) $6,000.00

Hurd for Congress Rep. Will Hurd (R) $2,000.00

S E N AT E

C O M M I T T E E N A M E C A N D I DAT E A M O U N T

Midwest Values PAC Sen. Al Franken (D) $2,000.00

Follow the North Star Fund Sen. Amy Klobuchar (D) $1,000.00

Angus King for U.S. Senate Campaign Sen. Angus S. King Jr. (I) $4,500.00

Ben Cardin for Senate, Inc. Sen. Ben L. Cardin (D) $5,000.00

Sensible American Solutions Supporting Everyone PAC Sen. Benjamin E. Sasse (R) $10,000.00

Bob Corker for Senate 2018, Inc. Sen. Bob P. Corker (R) $2,500.00

Hawaii PAC Sen. Brian E. Schatz (D) $10,000.00

All for Our Country Leadership PAC Sen. Catherine M. Cortez Masto (D) $2,000.00

IMPACT Sen. Charles E. Schumer (D) $5,000.00

Victory Now PAC Sen. Chris J. Van Hollen Jr. (D) $5,000.00

Friends of Chris Murphy Sen. Chris S. Murphy (D) $10,000.00

MURPHPAC Sen. Chris S. Murphy (D) $5,000.00

Blue Hen PAC Sen. Christopher A. Coons (D) $5,000.00

The Hawkeye PAC Sen. Chuck Grassley (R) $5,000.00

Cindy Hyde-Smith for U.S. Senate Sen. Cindy Hyde-Smith (R) $5,000.00

McCaskill for Missouri Sen. Claire McCaskill (D) $2,500.00

PURPOSE PAC Sen. Cory A. Booker (D) $2,500.00

Project West Political Action Committee Sen. Cory S. Gardner (R) $5,000.00

One Georgia PAC Sen. David A. Perdue Jr. (R) $10,000.00

Heller for Senate Sen. Dean Heller (R) $10,000.00

Hellerhighwater PAC Sen. Dean Heller (R) $10,000.00

Deb Fischer for U.S. Senate, Inc. Sen. Deb Fischer (R) $2,000.00

Stabenow for U.S. Senate Sen. Debbie A. Stabenow (D) $7,000.00

Feinstein for Senate 2018 Sen. Dianne Feinstein (D) $1,000.00

H O U S E O F R E P R E S E N TAT I V E S ( C O N T. )

PAGE 32 MORPAC 2018 MIDYEAR REPORT

S E N AT E ( C O N T. )

C O M M I T T E E N A M E C A N D I DAT E A M O U N T

Seeking Justice Committee Sen. Doug Jones (D) $5,000.00

Motor City PAC Sen. Gary C. Peters (D) $5,000.00

Dakota Prairie PAC Sen. Heidi Heitkamp (D) $10,000.00

Heidi for Senate Sen. Heidi Heitkamp (D) $10,000.00

Narragansett Bay PAC Sen. Jack F. Reed (D) $10,000.00

Leadership And Accountability Are National Keys PAC — LANK PAC Sen. James Lankford (R) $2,500.00

A New Direction PAC Sen. Jeanne Shaheen (D) $2,500.00

Jeff Flake for U.S. Senate, Inc. Sen. Jeff L. Flake (R) $6,000.00

Free State PAC Sen. Jerry Moran (R) $5,000.00

Donnelly for Indiana Sen. Joe Donnelly (D) $6,500.00

Hoosiers First PAC Sen. Joe Donnelly (D) $10,000.00

Manchin for West Virginia Sen. Joe Manchin III (D) $2,500.00

Common Values PAC Sen. John A. Barrasso (R) $5,000.00

Friends of John Barrasso Sen. John A. Barrasso (R) $10,000.00

R Senate PAC Sen. John Cornyn III (R) $5,000.00

Dakota PAC Sen. John Hoeven (R) $5,000.00

John Kennedy for Us Sen. John N. Kennedy (R) $1,000.00

Heartland Values PAC Sen. John Thune (R) $7,500.00

21st Century Majority Fund Sen. Johnny Isakson (R) $10,000.00

Montanans for Tester Sen. Jon Tester (D) $10,000.00

Treasure State PAC Sen. Jon Tester (D) $5,000.00

Jobs Opportunity And New Ideas PAC — Joni PAC Sen. Joni Ernst (R) $2,500.00

Gillibrand for Senate Sen. Kirsten E. Gillibrand (D) $1,000.00

Strange for Senate Sen. Luther J. Strange III (R) $5,000.00

Granite Values PAC Sen. Maggie Hassan (D) $2,500.00

Reclaim America PAC Sen. Marco Rubio (R) $2,500.00

Forward Together PAC Sen. Mark R. Warner (D) $5,000.00

Friends of Mark Warner Sen. Mark R. Warner (D) $2,000.00

LOBO PAC Sen. Martin T. Heinrich (D) $1,000.00

Martin Heinrich for Senate Sen. Martin T. Heinrich (D) $2,000.00

Friends of Mazie Hirono Sen. Mazie K. Hirono (D) $1,000.00

Common Sense Colorado Sen. Michael F. Bennet (D) $5,000.00

Freedom Fund Sen. Mike D. Crapo (R) $10,000.00

The Peter Norbeck Leadership PAC Sen. Mike Rounds (R) $10,000.00

Bluegrass Committee Sen. Mitch McConnell (R) $5,000.00

Hatch Election Committee, Inc. Sen. Orrin G. Hatch (R) $5,000.00

Opportunity and Responsibility Restored in Our Nation PAC Sen. Orrin G. Hatch (R) $1,000.00

Citizens for Prosperity In America Today PAC Sen. Pat J. Toomey (R) $10,000.00

Preserving America’s Traditions (PATPAC) Sen. Pat Roberts (R) $5,000.00

Green Mountain PAC Sen. Patrick J. Leahy (D) $2,500.00

M-PAC Sen. Patty Murray (D) $5,000.00

Defend America PAC Sen. Richard C. Shelby (R) $10,000.00

Promoting Our Republican Team PAC Sen. Rob J. Portman (R) $7,500.00

Menendez for Senate Sen. Robert Menendez (D) $10,000.00

New Millennium PAC Sen. Robert Menendez (D) $5,000.00

MORPAC 2018 MIDYEAR REPORT PAGE 33

C O M M I T T E E N A M E C A N D I DAT E A M O U N T

Wicker for Senate Sen. Roger F. Wicker (R) $2,500.00

Holding Onto Oregon’s Priorities Sen. Ron Wyden (D) $3,500.00

Rely On Your Beliefs Fund Sen. Roy D. Blunt (R) $10,000.00

Wild And Wonderful PAC Sen. Shelley Moore Capito (R) $3,500.00

America Works PAC Sen. Sherrod C. Brown (D) $10,000.00

Friends of Sherrod Brown Sen. Sherrod C. Brown (D) $7,500.00

Dirigo PAC Sen. Susan M. Collins (R) $10,000.00

Together Holding Our Majority PAC Sen. Thom R. Tillis (R) $7,500.00

Republican Majority Fund Sen. Thomas Cotton (R) $5,000.00

Tomorrow Is Meaningful PAC — TIM PAC Sen. Tim E. Scott (R) $5,000.00

Kaine for Virginia Sen. Tim M. Kaine (D) $10,000.00

Carper for Senate Sen. Tom R. Carper (D) $8,500.00

Southwest Leadership Fund Sen. Tom S. Udall (D) $2,500.00

PERIMETER PAC Sen. Tammy Duckworth (D) $1,000.00

PA R T Y C O M M I T T E E S & I D E O L O G I C A L PA C S

C O M M I T T E E N A M E A M O U N T

DCCC $30,000.00

NRCC $30,000.00

DSCC $30,000.00

DSCC (Building Fund) $90,000.00

NRSC $30,000.00

NRSC (Building Fund) $90,000.00

Blue Dog Political Action Committee $10,000.00

CHC BOLD PAC $5,000.00

Moderate Democrats PAC $10,000.00

New Democrat Coalition PAC $10,000.00

Tuesday Group Political Action Committee $2,500.00

S E N AT E ( C O N T. )

PAGE 34 MORPAC 2018 MIDYEAR REPORT

C H A I R

Rick ArvieloChief Executive OfficerNew American FundingTUSTIN, CA

V I C E C H A I R

Nathan J Burch, CMBVellum MortgageOAKTON, VA

V I C E C H A I R

Jayson DonaldsonPresidentNorthMarq Capital, LLCWASHINGTON, DC

V I C E C H A I R

Eduardo Perez, CMBPresidentEquity Prime Mortgage, LLCATLANTA, GA

James L BoppNational Correspondent Sales ManagerPlatinum Home Mortgage CorporationCLIFTON PARK, NY

Don BrownManaging Director, Secondary ServicesOptimal Blue, LLCPLANO, TX

Yvette Clermont, CMB, AMPBranch ManagerInlanta Mortgage, Inc.LAKEWOOD RANCH, FL

Tracy Maynard Cole, AMPVice President, Mortgage Production Operations ManagerColonial Savings, F.A.FORT WORTH, TX

James Deitch, CMB, CPAChief Executive OfficerTeraverde FinancialLANCASTER, PA

William GriffinExecutive Vice President, Managing DirectorServiceLinkMOON TOWNSHIP, PA

Patrick J Harrigan, CMB, AMPDivisional Vice President, WestRadian Guaranty Inc.SCOTTSDALE, AZ

Jamie Korus Pearce, CMBPresidentAlliance Home LoansPHOENIX, AZ

Gene M Lugat(MAA Chairman)Executive Vice PresidentPrimeLendingTIMONIUM, MD

J David Motley, CMBPresidentColonial Savings, F.A.WESTWORTH VILLAGE, TX

Kevin Popoli, CMB, AMPVice President, National Accounts and GSE RelationsArch Mortgage Insurance CompanyROSWELL, GA

Christy SoukhamneutSVP, National Sales PerformanceStarkey Mortgage, LLPSAVANNAH, GA

Amy Swaney, CMBBranch ManagerCitywide Home Loans/CHL MortgageSCOTTSDALE, AZ

Jack ThompsonChief Executive OfficerLegacy Mortgage, LLCALBUQUERQUE, NM

Jeff N WaltonPresidentTotal Expert, Inc.EDEN PRAIRIE, MN

Sue WoodardChief Customer OfficerTotal Expert, Inc.EDEN PRAIRIE, MN

M B A L E G I S L AT I V E A N D P O L I T I C A L A F FA I R S S TA F F

Bill KillmerSenior Vice President, Legislative and Political Affairs

Erin BarryAssociate Vice President, Legislative Affairs

Dan GrattanAssociate Vice President, Legislative Affairs

Meghan SullivanAssociate Vice President, Legislative Affairs

Kelley WilliamsAssociate Vice President, Legislative Affairs

Alden KnowltonDirector of Political Affairs

Jamey BalloAssistant PAC Director

M O R PA C S T E E R I N G C O M M I T T E E

MORPAC 2018 MIDYEAR REPORT PAGE 35