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Members Please Sign in | Saturday, October 13, 2007


Interactive Calendar
Click on the calendar below to view events.

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Upcoming Events

CAMB 2008 Sales & Marketing Conference
February 26-29, 2008
Disneyland Hotel
Anaheim, CA

box CAMB 2008 Legislative Conference
April 8-9, 2008
Hyatt Regency Sacramento

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

salesmarketing

2008 Sales & Marketing Conference
The Sales & Marketing Conference is an opportunity to learn from the best and brightest in the industry to sharpen your skills. This conference includes education courses with DRE credit, luncheons, top-notch speakers, and a trade show and lunch.

February 26-29, 2008
Disneyland Hotel, Anaheim, CA
Floor Plan [click here]
Exhibitors download registration packet [click here]

What's New...

Consumer Protection

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 mailto: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

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.

2007-08 Member Benefits

Exclusive Member Benefit:
CAMB 2007-08 ValuePak!

It's almost here! the 2007-08 ValuePak is more valuable than ever before. CAMB members receive free or extreme discounts on all of the following:

  • Appraisals
  • Reduced Rate Sheets
  • Loan Toolbox
  • Todd Duncan Products
  • Multiple Invalubale Interviews
  • MGIC Loan Calculators
  • And much more!
Click here for more information!
ABD Insurance Services

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



Convention Information

2008 Convention
Call for Papers
Download the call for papers [click here]
Sponsors
Thanks to our 2007 Convention Sponsors! View our list of sponsors [click here]
Exhibitors
Thanks to our 2007 Convention Exhibitors! View our list of exhibitors [click here]
08Exhibitor

Download the 2008-09 Exhibitor Brochure pdf [click here]

 

09 We are also offering multi-year contracts pdf [click here]

 

 

 

Download Acrobat Reader
[click here]

acrobat

 

 

legday

2007 CAMB Legislative & Regulatory Conference Wrap-Up
Success in Numbers, Powered by Passion
This year's conference saw a phenomenal turnout from CAMB members eager to stand tall for the industry. Attendees were treated to presentations by prominent individuals who shared valuable information, fueling the passion that powers this association. This certainly was a not-to-be-missed event

 

Convention

Upcoming Event: 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!

August 15-18, 2008
Hyatt Regency Sacramento and the Sacramento Convention Center

News

What's New?

CAMB Members Answer Consumer Mortgage Questions Live on KCRA-TV 3
On October 3, 2007 from 5:00 a.m. to 7:00 p.m., CAMB is partnering with KCRA Channel 3 on their Consumer Call-in program to respond to consumers' questions about their mortgages. Twenty-five CAMB members will be fielding 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 are very pleased with the call volume and the level of knowledge and expertise that the CAMB members are providing to consumers. KCRA anticipates that the call volume for this consumer mortgage program will break 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.

 


CAMB Issues 2007 Mortgage Industry Forecast

CAMB issued its annual Mortgage Forecast projecting that interest rates will remain favorable in 2007 with the rates likely to remain within one percent (1%) of current low levels. Additionally, recent homebuyers (within the last several years) who used an interest-only or adjustable rate mortgage are turning to fixed rate loans as they refinance and take advantage of equity. However, despite the recent stabilization of the housing market, many new buyers are still forced into alternative loan products due to high housing prices. Finally, for home shoppers, the first half of 2007 is likely to be the best time to get a good deal on a new or existing home.

California Association of Mortgage Brokers
950 Glenn Drive, Suite 150, Folsom, CA 95630 | 916.448.8236 | 916.448.8237 | info@cambweb.org
Copyright 2007 California Association of Mortgage Brokers