James B. Lockhart III is the Director of the Office of Federal Housing Enterprise Oversight (OFHEO). He was nominated by President George W. Bush to become the Director of OFHEO, and was confirmed by the U.S. Senate on June 15, 2006. Mr. Lockhart also served as Deputy Commissioner of Social Security, a Presidentially-appointed and Senate-confirmed position. He was the Agency’s Chief Operating Officer, Secretary to the Social Security Board of Trustees and a member of the President’s Management Council and its Executive Committee. Lockhart also served in the previous Bush Administration as Executive Director of the Pension Benefit Guaranty Corporation from 1989 until 1993. He reported to a Board composed of the Secretaries of Labor, Treasury and Commerce.

John is currently a Vice President with in Goldman Sachs & Co.'s Fixed Income, Currency and Commodities Structured Products Group's Mortgages Department. His primary responsibilities include development and execution of Goldman's regulatory policy related to consumer credit laws and regulations, in addition to, the management of the counterparty approval process. Prior to joining Goldman Sachs & Co. in 2003, he was an associate in KPMG LLP's state and local tax practice.

Karen Cornell is a Senior Vice President with Lehman Brothers in the Mortgage Capital Division. Her responsibilities include preparation and interpretation of mortgage lending policies, including compliance with laws, regulations and best practices related to mortgage lending. Prior to this position, she served as General Counsel and Senior Managing Director of Finance America, LLC, a nationwide mortgage lender specializing in nonconforming residential mortgage loans, from 1999-2004.

Scott Samlin is an Executive Director of Morgan Stanley and is responsible for all residential mortgage regulatory compliance activities for the firm. This includes banking, transaction management, correspondent warehouse lending, credit policy/Seller Guides, due diligence, data management, servicer relationships and other compliance related activities affecting Morgan Stanley’s origination, purchase and sale of U.S. residential mortgage loans