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Members Please Sign in | Friday, May 9, 2008


Interactive Calendar
Click on the calendar below to view events.

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Upcoming Events

box CAMB 2008 Annual Convention & Grand Exposition
August 6-9, 2008
Hyatt Regency Sacramento Hyatt Regency and the Sacramento Convention Center

box CAMB 2009 Annual Convention & Grand Exposition
July 29-August 1, 2009
Marriott San Diego Hotel & Marina and the San Diego Convention Center

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CAMB Annual Convention & Grand Exposition
The Annual Convention & Grand Exposition, held every August, is the largest gathering of mortgage brokers and exhibitors in the West, and one of the largest in the nation. Yearly, more than 3,500 people attend the convention for education, networking, social events, and to make business contacts. If you only attend one event a year, make it the CAMB Annual Convention & Grand Exposition!

2008 Event
August 6-9, 2008
Trade show is Saturday only
Sacramento Hyatt Regency and the Sacramento Convention Center

2009 Event
July 29- August 1, 2009
Marriott San Diego Hotel & Marina and the San Diego Convention Center

News

CAMB Members Answer Consumer Mortgage Questions Live on KCRA-TV 3
On October 3, 2007 and again on February 21, 2008 from 5:00 a.m. to 7:00 p.m., CAMB partnered with KCRA Channel 3 on their Consumer Call-in program to respond to consumers' questions about their mortgages. CAMB members fielded over 1,000 calls and emails from consumers throughout the day. There are 250 major media markets in the United States; the Sacramento market ranks 19th with KCRA broadcasting to approximately 15 counties in northern California. KCRA officials were very pleased with the call volume and the level of knowledge and expertise that the CAMB members provided to consumers. KCRA stated that the call volume for this consumer mortgage program broke call-in volume records. If consumers missed the opportunity to speak with a CAMB member mortgage broker today, they can call the free consumer mortgage hotline at (866) 999.5508 or click on the Find A Broker button, or click the CONSUMER button on this page and be directed to additional information.


California Association of Mortgage Brokers Releases Consumer Tips for Borrowers Interested in Alternative Loan Products
CAMB released ten consumer protection tips to aid consumers interested in using alternative loan mortgage products to finance their home. These tips have been created by CAMB’s member brokers as a tool to help consumers know and understand the advantages and pitfalls of using these specific products, which include adjustable rate mortgages (ARMs), Interest-Only loans, and Option ARMs.View Alternative Loan Products Consumer Protection Tips Click here [pdf]

CAMB Warns Consumers About Misleading Advertisements to Pay Off Holiday Debt
CAMB is warning consumers to be aware of advertisements that encourage consumers to refinance their homes in order to pay off holiday debt. Numerous advertisements have been appearing across the state in mailboxes and on fax machines offering loan programs with various incentives from free appraisals to no loan fees. The same advertisements also claim to offer loan programs with rates as low as 1 percent and some are even lower. These ads also state that consumers with poor credit or a recent bankruptcy or foreclosure can get approved for these loans.

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Mortgage Matters

Mortgage Matters
View Mortgage Matters online.
Click here


Consumer Protection and Advocacy Public Service Campaign
CAMB Members: If you are not a CAMB member and would like more information on becoming a member of CAMB, send a message to us at member@cambweb.org.


Consumer Protection Worksheets--English and Spanish versions of the Consumer Protection Worksheet are available for download. Members--sign in to view and download.
CHARM Booklet Available
The Federal Reserve Board has revised its Consumer Handbook on Adjustable-Rate Mortgages (the CHARM booklet). This booklet provides important information to consumers about the risks and features of such loans.

Members--sign in to view and download the revised CHARM booklet.
Pricing of SubPrime Mortgages by Mortgage Brokers and Lenders Study
This joint study released in June 2006 by economists Amany El Anshasy from George Washington University, Gregory Elliehausen from George Washington University's Financial Services Research Program, and Yoshiaki Shimazaki from Oklahoma State University, suggests that brokers are a more cost-effective option for consumers in the SubPrime home loan market.

Click here to read the study.
Exclusive Member Benefit:
CAMB 2008-09 ValuePak!
THE VALUEPAK HAS ARRIVED!

The 2008-09 ValuePak is here to add even more Value to your membership.  Being a CAMB member has more perks than ever!
  • Freedmen Report –
  • FREE months and discounts!
  • Free appraisals tips with interview and discounted appraisals
  • Loan Toolbox discounts and hours of FREE training
  • Todd Duncan and Mortgage Mastery University – 10 hours FREE
  • Processing 101 introductory interview
  • Reverse Mortgage introductory interview
  • Discount Credit Reports and Credit Services
  • MGIC Loan Calculators and free tool for Self Employed borrowers
  • Academy of Mortgage Planning – Free download session and discounts!
  • And more!
Click here for more information!

CAMB Insurance Services:
ABD Insurance & Financial Services

Insurance can be overwhelming. So many different options, and so many places you need security. You have enough on your mind. Let us manage your insurance and risk management program. CAMB Insurance Services offers a complete line of insurance products and services, designed specifically for CAMB members and offered exclusively through ABD Insurance & Financial Services. Keep it simple. Turn to CAMB Insurance Services for all of your insurance needs. We offer the most comprehensive, industry specific package of protection for home, business, life, health—and more.
Customer Service
(800) 426-6592 | Web site

Kistner Insurance Services
Offering: HealthNet, Kaiser, WHA, Vision and Dental. Call (916) 929-1084 | (916) 929-9294 Fax | info@kistnerinsurance.com


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California Association of Mortgage Brokers
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