Case 1:05-cv-01483-JDB Document 33-22 Filed 06/21/2007 Page 1of4 EXHIBIT T eee ea . a . Subject: Re: Fannie Mae Draft letéer . > “> > > > Case 1:05-cv-01483-JDB Document ds-22 Filed 06/21/2007 Page 2 al 4 _ Date: Wed, 02 May 2001 15:55:54 -0s00- From: Bob Jories ' *., To: Marialice Williams os Bob Jones wrote: _ - Marialice, although this is- somewhat sensitive, I don't have a. problem with the | ‘letter and I believe you should send it to ‘Grace.’ I believe RMS and.CAM will oe - "protect each ‘other. in our prior agreed to Brokers Agreement on this coverage for . Fannie Mae., 7. coat ° TS oo, . Coe! . " _. Marialice Willians wrote: §, Part 1.1.1 - pypa: Plain Text (text/plain) cs Encoding: quoted-printable Co re ne ‘Wane: Explanation of CAM and: RMS.doc . Explanation of CAM and RMS.doc - Type: Winword File fapplication/msword) mo, - Encoding: base6$ 6 oe, ST 1047B 22016:46 AM : | : : FNMA.MBW.007996 | CONFIDENTIAL Case 1:05-cv-01483-JDB Document 33-22 tn, 1, Dear, Grace: no ° First, | want to thank you " "the best and lowest cost insurance available vs Before | left Fannie Mae, | assisted in ne ried 06/21/2007 Page 3 al 4 DE RO ALF TOS ee for the delighifUl iunch last week with Rhoda’ ttwas <-- “2, good catching up with you two. Second, 't want to-thank you for the opportunity - ©. ’” to pursue a Solution for our Clients to obtain relief from their mezzanine loss. _’ - average obligation under the DUS program. Therefore, | welcome the. '... . Opportunity to clearly define the relationship batween my comipariy, Risk a _: Mitigation Strategists, LLC ("RMS") and CAM Financial Services, inc. ("GAM"). "_-- oe La . Vwas in Atlanta yesterday and had lunch with Bob Jones, President of CAM... ob indicated that he had transmitted an e-mail to you and Rhoda indicating that .- ~ ',_ ’ AIG may have an interest in providing insurance coverage for mezzanine levels *. Of risk. ESE vers - My ‘company, RMS, is licensed to do business in Washington, D.C. CAM and |<" . RMS do not have any connection with respect to ownership and no one from : | CAM or RMS has an interest in the other’s business ventures. ‘However, CAM "and RMS have a broker agreement that is common in the insurance business. °_ The agreement indicates that when CAM locates an insurance company for a _ Project that RMS is working on, RMS agrees to compensate CAM through some. re form of split commission, However, it does not mean that CAM plays any role in. the development of the program or project that RMS is working on nor does CAM a interface with the customers, _ My company has relationships with numerous insurance brokers and carers’. with whom we have signed confidentiality agreements. Due to the innovative’ __ and unique ways that our customers utilize insurance to solve their problems of. - - . Covering different types of risk, we plan to continue to use our network of resources to assist our customers, many of whom are DUS lenders, in obtaining to meet their needs. gotiating an agreement between CAMs 0 and Fannie Mae that provided CAM with the opportunity to seek insurance-based .-... solutions for risk coverage in the securitization program of the Negotiated ~~... Transaction'’s department. } do nol believe that the agreement between Fannie Mae and CAM contemplated extending CAM'’s authority to work on any aspect of _‘Visk coverage for Fannie Mae’s DUS program. | CC Therefore, unless otherwise instructed by you,-RMS will continue to work on<- _ behalf of its clients to obtain insurance that will cover the 5-20% risk coverage obligation or mezzanine level or risk Coverage as required by Fannie Mae under - its DUS pregram. a 10979 en Fiat el = Pad —T _ _ a 97 ; | * ENMA.MBW.0079 | | CONFIDENTIAL +s, Sincerely, Case 1:05-cv-01483-JDB Document 33-22 Ce Marialice Wiliams _ ried 06/21/2007 Page 4 af 4 10480 ENMA.MBW.007998 CONFIDENTIAL