James Lockhart, head of the agency, urged U.S. mortgage servicing firms--companies that process payments of loans rather than owning them outright--to adopt the plan as a national standard.

FORBES: Magazine Article

It is important to repeat that the editorial omits the key point, that it was exactly in that period that the House Financial Services Committee, that I chair, passed and helped pass through the House a bill that embodied the reforms asked for by the Bush administration, and that was the basis for Secretary Paulson's and FHFA Director James Lockhart's recent actions.

WSJ: I've Long Been a Champion of Fannie/Freddie Reform