The Housing Policy Council (HPC) was formally established in April, 2003, by The Financial Services Roundtable Board of Directors. The mission of the HPC is to promote the mortgage and housing marketplace interests of member companies in legislative, regulatory, and judicial forums as well as to communicate effectively the benefits of a fully competitive and integrated housing market to the American public. HPC is actively representing its member’s interests in mortgage finance and housing issues to Congress, the Administration and the industry. HPC members originate, service, and insure mortgages. We estimate that HPC member companies originate approximately 75% and service two-thirds of mortgages in the US.