A person who has a critical influence on, or substantive control over, a covered transaction, whether or not employed by the participant. Persons who have a critical influence on, or substantive control over, a covered transaction may include, but are not limited to:

1. (a) Loan officers;
2. (b) Staff appraisers and inspectors;
3. (c) Underwriters;
4. (d) Bonding companies;
5. (e) Borrowers under programs financed by HUD or with loans guaranteed, insured, or subsidized through HUD programs;
6. (f) Purchasers of properties with HUD-insured or Secretary-held mortgages;
7. (g) Recipients under HUD assistance agreements;
8. (h) Ultimate beneficiaries of HUD programs;
9. (i) Fee appraisers and inspectors;
10. (j) Real estate agents and brokers;
11. (k) Management and marketing agents;
12. (l) Accountants, consultants, investment bankers, architects, engineers, and attorneys who are in a business relationship with participants in connection with a covered transaction under a HUD program;
13. (m) Contractors involved in the construction or rehabilitation of properties financed by HUD, with HUD-insured loans or acquired properties, including properties held by HUD as mortgagee-in-possession;
14. (n) Closing agents;
15. (o) Turnkey developers of projects financed by or with financing insured by HUD;
16. (p) Title companies;
17. (q) Escrow agents;
18. (r) Project owners;
19. (s) Administrators of hospitals, nursing homes, and projects for the elderly financed or insured by HUD; and
20. (t) Developers, sellers, or owners of property financed with loans insured under Title I or Title II of the National Housing Act.