|
LOBBYING REPORT |
Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page
2. Address
| Address1 | 910 17TH STREET, NW, #500 |
Address2 | |
| City | WASHINGTON |
State | DC |
Zip Code | 20006 |
Country | USA |
3. Principal place of business (if different than line 2)
| City | |
State | |
Zip Code | |
Country | |
|
5. Senate ID# 283630-12
|
||||||||
|
6. House ID# 368350000
|
||||||||
| TYPE OF REPORT | 8. Year | 2011 |
Q1 (1/1 - 3/31) | Q2 (4/1 - 6/30) | Q3 (7/1 - 9/30) | Q4 (10/1 - 12/31) |
9. Check if this filing amends a previously filed version of this report
| 10. Check if this is a Termination Report | Termination Date | |
11. No Lobbying Issue Activity |
| INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 12. Lobbying | 13. Organizations | ||||||||
| INCOME relating to lobbying activities for this reporting period was: | EXPENSE relating to lobbying activities for this reporting period were: | ||||||||
|
|
||||||||
|
|
||||||||
| Provide a good faith estimate, rounded to the nearest $10,000, of all lobbying related income for the client (including all payments to the registrant by any other entity for lobbying activities on behalf of the client). | 14. REPORTING Check box to indicate expense accounting method. See instructions for description of options. | ||||||||
|
Method A.
Reporting amounts using LDA definitions only
Method B. Reporting amounts under section 6033(b)(8) of the Internal Revenue Code Method C. Reporting amounts under section 162(e) of the Internal Revenue Code |
|||||||||
| Signature | Digitally Signed By: Michael D. Calhoun, President |
Date | 07/20/2011 |
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code BAN
16. Specific lobbying issues
Lobbying issues were: CFPB (encouraging Congress to keep in place an effective federal consumer-focused banking regulator); credit cards (encouraging Congress to speed up the implementation of the Federal Reserve's new regulations and to add additional consumer protections); overdraft loans (encouraging Congress to implement restrictions on abusive overdraft practices); payday loans (encouraging Congress to prohibit abusive products and practices); [continued on next page]
[continued from previous page] mortgage lending (encouraging Congress to prohibit abusive products and practices); mortgage loan modifications (encouraging Congress to provide incentive for servicers to modify loans to prevent foreclosures)
Specific legislation that was the subject of lobbying activity:
S. 222 (to allow for voluntary loss mitigation program in bankruptcy)
S. 489 (to require minimum mortgage servicing standards)
S. 527 (to continue HAMP)
S. 690 (to create an Office of the Homeowner Advocate)
S. 737 (to keep current regulatory structure of CFPB)
S. 824 (to require minimum mortgage servicing standards)
S. 967 (to require minimum mortgage servicing standards)
S. 1054 (to ensure that the bankruptcy process is fair for consumers)
H.R. 31 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 830 (to continue FHA short refinance program)
H.R. 836 (to continue the Emergency Homeowner Relief Program)
H.R. 839 (to continue HAMP)
H.R. 861 (to continue NSP)
H.R. 1121 (to keep current regulatory structure of CFPB)
H.R. 1221 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 1222 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 1223 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 1224 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 1225 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 1226 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 1227 (to ensure that there is a secondary market to serve low- and moderate-income communities)
H.R. 1315 (to keep current FSOC veto authority structure in CFPB)
H.R. 1355 (to maintain the current CFPB regulatory structure and funding system)
H.R. 1477 (to require minimum mortgage servicing standards)
H.R. 1567 (to require minimum mortgage servicing standards)
H.R. 1677 (to keep the current CFPB transfer date in place)
H.R. 1783 (to require minimum mortgage servicing standards)
H.R. 2081 (to keep the current CFPB regulatory structure)
Bills under discussion/not yet introduced:
Senate legislation on government sponsored enterprises (to ensure that there is a secondary market to serve low- and moderate-income communities)
Senate legislation on prepaid cards (to ensure there are fair consumer protections for prepaid card users)
House legislation on debit cards (to ensure there are fair consumer protections for debit card users)
Executive branch agencies and issues:
Department of Treasury -- Consumer Financial Protection Bureau (overdraft fees, bank payday loans, payday loans, mortgage servicing, larger nonbank participants, credit cards, prepaid cards, auto lending, rules to be enforced)
Office of the Comptroller of the Currency (overdraft fees, bank payday loans, preemption, risk retention rules, servicing standards); HAMP; GSE reform
Federal Reserve Board -- overdraft fees, bank payday loans, mortgage origination rules, risk retention rules, servicing standards, credit card rules, interchange revenue, Dodd-Frank implementation
FDIC -- overdraft fees, risk retention rules, servicing standards
Federal Trade Commission - auto financing
HUD - GSE reform, risk retention rules
White House -- foreclosure prevention, risk retention rules
Federal Housing Finance Administration foreclosure prevention, servicing standards
17. House(s) of Congress and Federal agencies Check if None
U.S. HOUSE OF REPRESENTATIVES, U.S. SENATE, Federal Deposit Insurance Commission (FDIC), Federal Reserve System, Treasury - Dept of, Office of the Comptroller of the Currency (OCC), White House Office, Federal Trade Commission (FTC), Housing & Urban Development - Dept of (HUD),
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
Susanna |
Montezemolo |
|
|
19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
Information Update Page - Complete ONLY where registration information has changed.
20. Client new address
| Address | |
||||||
| City | |
State | |
Zip Code | |
Country | |
21. Client new principal place of business (if different than line 20)
| City | |
State | |
Zip Code | |
Country | |
22. New General description of client’s business or activities
LOBBYIST UPDATE
23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client
|
|
||||||||
| 1 |
|
3 |
|
||||||
| 2 |
|
4 |
|
ISSUE UPDATE
24. General lobbying issue that no longer pertains
|
|
|
|
|
|
|
|
|
AFFILIATED ORGANIZATIONS
25. Add the following affiliated organization(s)
Internet Address:
| Name | Address |
Principal Place of Business (city and state or country) |
||||||||||||
| ||||||||||||||
|
||||||||||||||
26. Name of each previously reported organization that is no longer affiliated with the registrant or client
| 1 | 2 | 3 |
FOREIGN ENTITIES
27. Add the following foreign entities:
| Name | Address |
Principal place of business (city and state or country) |
Amount of contribution for lobbying activities | Ownership percentage in client | ||||||||||
| ||||||||||||||
|
% | |||||||||||||
28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization
| 1 | 3 | 5 |
| 2 | 4 | 6 |