CAMB Events - All Chapters

CAMB
Greater Northstate Chapter Presents:

Mortgage Broker Roundtable & Membership Drive

Location:
Wharfinger Building/Bay Room
#1 Marina Way
Eureka, CA 95501

Cost: $15

Price includes a Buffet Lunch & Door Prize Entry!

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Come & join us for a Roundtable discussion on the issues facing our industry. We will also highlight the recent accomplishments of CAMB at the State and Federal level.

In addition, CAMB Ambassador, Raoul Badde, will be discussing the FHA/FNMA recent and upcoming changes, as well as HR3221 and the possible effects on our industry.

If you are not a CAMB member, and are a mortgage broker/originator, this will be a great opportunity to find out the benefits of CAMB and why becoming a CAMB member is more important now than ever.

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PLEASE RSVP BY AUGUST 26, 2008 FOR THIS EVENT AT GNSCAMB@SBCGLOBAL.NET OR BY CALLING 530-232-0200.
(Please indicate the number of those who will be attending)

We Hope To See You There!!!

A Big Thank You to our event Sponsor, Franklin American!!
Raoul Badde/CAMB Ambassador & Account Executive

*Please note this is an event for homeowners and is closed to all mortgage professionals, unless otherwise approved by HOC or SDNC CAMB

*contact SDNC CAMB for further information

*details to come. Please contact SDNC CAMB for further information.

Dig deeper, step-by-step, through today's tax returns to develop a clear picture of your self-employed borrowers' financial standing. You'll become familiar and - more importantly - comfortably confident as you learn to:
• Understand documentation requirements, acceptable income and underwriting criteria.
• Review personal tax returns and schedules.
• Become familiar with the different business structures.
• Recognize rental income properties and their losses and expenses, including noncash expenses and recurring vs. nonrecurring expenses.
• Spot red flags that could affect an underwriting decision.
• Analyze the 1065 partnership and the 1120 S-Corporate and 1120 US Corporate returns.
Who should attend? Anyone who needs to understand calculating income or reviewing tax returns

How long will it take? 3+ hours

What should you bring? A calculator

Where
CMG Mortgage Training Room
3160 Crow Canyon Rd., Suite 400
San Ramon, CA 94583

When
Wednesday, July 30th, 2008
8.30 a.m. - 12:00 p.m.

Cost
Members: $20
Non-members: $40

Details coming Soon! Save the Date!

This event is geared towards Brokers who are making it or struggling in todays market. Focus will be on how Brokers can help each other in this ever changing market. More information to follow...

Santa Barbara and San Luis Obispo Counties Sales, REO's and Trends
Guest speakers will be Jim Gray AVP & Sales Manager, Chicago Title and Kevin Irot, County Manager, First American Title Company.

$20 CAMB & CAR members
$25.00 for non members

Please see attachment for details or visit www.sdnccamb.com

Dave McDonald - Fax 858-866-5649 /Questions call 619-977-1193
AGENDA
1) Introductions
2) Review of topics from 1st Roundtable (broker mergers, short-refis, modifications, broker controlled banks/credit unions, covered bonds, controlling expenses)
3) Legislative Update: Bad things happened last week, I’ll spell them out
4) CAMB Convention Scoop: How the new loan limits are going to be implemented. FNMA, Freddie Mac and HUD’s positions on new loan programs and what we need to do to get market stability based on those opinions. What can you expect from MI companies.
5) Discussion on ways to build our business/adjustments you can make
6) What do you have to bring to the table?

Due to space limitations and to insure the most productive discussion the roundtable will be limited to only the 1st 25 broker/owners that RSVP by Wed 8/27 at 5 PM.
Information regarding attendees to this or future roundtables will be Confidential
Please fill out the Questionnaire and fax or e-mail it with the RSVP
Cost - Free Admission to Roundtable, no host bar, food on your own tab and individually billed.
Time: 5:30 – 6 PM reception in lounge
6 – 8 PM Meeting
AGENDA
1) Introductions
2) Review of topics from 1st Roundtable (broker mergers, short-refis, modifications, broker controlled banks/credit unions, covered bonds, controlling expenses)
3) Legislative Update: NAMB’s possible RESPA lawsuit, revival of bad legislation
4) CAMB Convention Scoop: How the new loan limits are going to be implemented. FNMA, Freddie Mac and HUD’s positions on new loan programs and what we need to do to get market stability based on those opinions. What can you expect from MI companies.
5) Discussion on ways to build our business/adjustments you can make
6) Creation of San Diego Mortgage Crisis Solutions Task Force
6) What do you have to bring to the table?