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Interactive Calendar
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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

Media in a Minute

On behalf of CAMB, Randle Communications distributes weekly an electronic newsletter that highlights CAMB in the media. Members login to view full story link.

 

In this edition of Media in a Minute - 12.28.07:

box  CAMB President Pete Ogilvie was quoted in a news story in the Oakland Tribune about allowing homeowners to deduct mortgage interest off their state income taxes on December 23, 2007.

box  CAMB Government Affairs Chairman Ed Smith Jr. was quoted in a news story in the San Diego Union Tribune about the mortgage crisis and proposed legislation to provide relief for consumers on December 24, 2007.
  
box  CAMB President Pete Ogilvie and the Association were featured in a news story in the LA Daily News in regards to CAMB’s 2008 mortgage industry forecast on December 22, 2007.

box  Congress reluctant to act on mortgage lending issues

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In this edition of Media in a Minute - 12.21.07:

box  CAMB President Pete Ogilvie was quoted in a news story in the Inland Valley Daily Bulletin in regards to the 2008 mortgage industry forecast on December 18, 2007.

box  CAMB was featured in a news brief in the Sacramento Bee about the Association’s predictions for 2008 on December 20, 2007.

box  CAMB President Pete Ogilvie and the Association were featured in a news story in the San Gabriel Valley Tribune in regards to CAMB’s 2008 mortgage industry forecast on December 20, 2007.
 
box  CAMB President Pete Ogilvie was quoted in a news article in American Banker in regards to the Association’s mortgage industry forecast predictions on December 20, 2007.

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In this edition of Media in a Minute - 12.18.07:

box  CAMB President Pete Ogilvie and the Association were featured in a news story in the Santa Cruz Sentinel in regards to the 2008 mortgage industry forecast on December 18, 2007.

box  Fed Proposes New Mortgage Rules Aimed at Stemming Shady Practices
  
box  Fed shrugged as subprime crisis spread

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In this edition of Media in a Minute - 12.14.07:

box  Home Front: For home equity loans, good news

box  Countrywide protested in Fresno

box  Fed working with banks to combat credit crunch

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In this edition of Media in a Minute - 12.11.07:

box  CAMB President-Elect Fred Arnold was quoted in a news story in The Signal about the Bush administration action plan to fix the mortgage crisis on December 7, 2007.   

box  CAMB North Central Coast Chapter President David Brown was quoted in a news article in the Santa Maria Times about the number of foreclosures in Santa Barbara County on December 10, 2007.

box  Fed is expected to cut rates today

box  Wall Street Mixed Ahead of Fed Decision

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In this edition of Media in a Minute - 12.7.07:

box  CAMB Silicon Valley Chapter President Stanley Tseng was quoted in an article in the Mercury News about the Bush administration action plan to fix the subprime mortgage crisis on December 6, 2007.

box  CAMB San Joaquin Chapter President Cameron Pannabecker was quoted in an article in the Stockton Record about the increase of foreclosures in California on December 12, 2007.

box  Bush Announces Mortgage Agreement

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In this edition of Media in a Minute - 12.4.07:

box  CAMB Public Relations Chair Ed Craine was quoted in a news article in the SF Chronicle about the current business in the mortgage and real estate industry given the holiday season on December 2, 2007.


box  CAMB immediate past president of the Inland Empire Chapter Dean Movroydis was quoted in an article in the Press Enterprise about the federal government’s plan to extend lower interest rates on November 30, 2007.

 
 box  Subprime Debacle Traps Even Very Credit-Worthy


box  Mortgage Relief Impact May Be Limited

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In this edition of Media in a Minute - 11.30.07:

box  CAMB President Pete Ogilvie was quoted in a news article in the LA Times in a statement released yesterday in response to Assembly Speaker Fabian Nunez and the Democrat’s plan to fix the foreclosure crisis on November 30, 2007.

 
box  CAMB President Pete Ogilvie was quoted in an article in the San Jose Mercury News in response to the Democrat’s plan to battle the foreclosure epidemic with proposed legislation on November 29, 2007.


box  CAMB President Pete Ogilvie was quoted in a story released by the Associated Press which ran in the San Diego Union Tribune in response to the Democrat’s plan to seek a special legislative session on foreclosures on November 29, 2007.


box  CAMB Government Affairs Chairman Ed Smith Jr. was quoted in a news article that ran in the Army Times; Marine Times; and the Navy Times about the armed forces and subprime mortgage products on November 29, 2007.

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In this edition of Media in a Minute - 11.28.07:

box  CAMB President Pete Ogilvie was quoted in a news article in the Contra Costa Times about the Governor’s plan to broker a deal with four major loan servicing companies that could aid consumers with their mortgages on November 22, 2007.


box  CAMB President Pete Ogilvie submitted a Letter to the Editor which ran in the Tracy Press in response to the Governor’s efforts to raise the loan limits, and how the Association supports his actions on November 22, 2007.


box  Countrywide Reaffirms Cash Supply Lines Remain

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In this edition of Media in a Minute - 11.20.07:

box  CAMB Board of Director John Kaempfer was quoted in a news article in the Sacramento Bee regarding exaggerated incomes to qualify for loans in the Sacramento area on November 18, 2007.

box  The CAMB Executive Leadership Team was featured in Mortgage Line about the Association’s efforts to assist borrowers in the current mortgage market on November 19, 2007.

box  CAMB Government Affairs Chairman Ed Smith Jr. was quoted in a news article in the San Diego Union Tribune about tighter lending policies on November 18, 2007.

box  California’s Foreclosure Rate Twice the National Average

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In this edition of Media in a Minute - 11.16.07:

box  Time to return to basics, mortgage bankers agree

box  County offering help with foreclosures

box  Foreclosures hit some cities hard

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In this edition of Media in a Minute - 11.13.07:

box  CAMB was mentioned in an article in Mortgage Line about members of the Association in Long Beach attending a seminar presented by Dave Savage, a chief executive of Mortgage Coach, on November 11, 2007.

box  CAMB Public Relations Chair Ed Craine was quoted in a news story in Mortgage Line about how giving seminars is a great way for mortgage originators to generate leads on November 12, 2007.

box  BofA to offer reverse mortgages in Bay Area

box  Alliance offers homeowners tools to avoid foreclosures

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In this edition of Media in a Minute - 11.9.07:

box  CAMB San Diego North County Chapter Legislative Chair Belinda Austin was quoted in a news story about the chapter’s response and actions to help fire victims of the SoCal wildfires on November 8, 2007.

box  What’s happening now in the reportedly stormy San Francisco housing market?

box  Pressure on banks to lead subprime response

box  IndyMac reports huge loss

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In this edition of Media in a Minute - 11.6.07:

box  CAMB President Pete Ogilvie submitted a Letter to the Editor about the need for loan companies and lenders to increase their efforts to aid consumers which appeared in the San Francisco Chronicle on November 4, 2007.

box  Three accused of mortgage fraud

box  Refinancing homeowners cash out less equity in Q3

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In this edition of Media in a Minute - 11.2.07:

box  CAMB past president John Marcell was quoted in a news story in the Riverside Press Enterprise about another fed rate cut that he hopes will entice investors to fund a greater variety of loan products to help consumers on November 2, 2007.

 
box  Congress assured on foreclosures

 
box  Countrywide offers relief plan

 
box  Home Front: Anchor in rough seas

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In this edition of Media in a Minute - 10.30.07:

box   CAMB President Pete Ogilvie was quoted in a news Question and Answer column in the Sacramento Bee about a San Francisco based mortgage firm’s advertisements on October 30, 2007.

 
box   CAMB immediate past president Jack Williams and former president John Marcell were both quoted in a news story in the Orange County Register about the relationship between mortgage brokers and bankers on October 28, 2007.

 
box   CAMB President Pete Ogilvie was quoted in a story in the Financial Times about California homeowners who are looking to rebuild or repair damaged properties may face a funding shortfall because of rising mortgage payments and falling house prices on October 29, 2007.
 
box   Foreclosures continue steep rise

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In this edition of Media in a Minute - 10.26.07:

box  CAMB past president Leon Huntting was interviewed on KGO-TV in San Francisco about a consumer who lost his home due to a language barrier on October 25, 2007.

 
box  Mortgage crisis claims 325 jobs in October
 
 
box  U.S. Economy: Existing Home Sales Tumble 8 Percent
 
 
box  Housing Slump Likely to Worsen
 

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In this edition of Media in a Minute - 10.23.07:

box  CAMB’s Vice President of Finance Dale Di Gennaro was quoted in a news story in the Vallejo Times Herald about the Association calling for California to be designated as a high cost state on October 23, 2007.
 

box  Countrywide to Modify $16B in Loans
 

box  Jumbos making a rebound
 

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In this edition of Media in a Minute - 10.19.07:

box  CAMB Member Brian Weide was quoted in a news story in the Riverside Press Enterprise about the housing market in Riverside and San Bernardino counties on October 16, 2007.
 
 
box  CAMB Member Narbik Karamian and the Association were mentioned in a news blog in the San Jose Mercury News about Bay Area home sales on October 18, 2007.
 
 
box  CAMB was featured in a news brief in the Santa Cruz Sentinel about lobbying to raise the Fannie Mae and Freddie Mac loan limits in California to aid consumers in the current market on October 19, 2007.
 
 
box  Home loan woes undercut sales
 

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In this edition of Media in a Minute - 10.16.07:

box  Bank bailout doesn't solve underlying problem


box  Housing bust has a bit of an upside


box  Locals feel strain of adjustable rates
      

box  Banks plan joint fund to buy risky debt         
 

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In this edition of Media in a Minute - 10.12.07:

box  CAMB President Pete Ogilvie and Public Relations Chair Ed Craine were quoted in a news story in the San Francisco Chronicle about homeowners paying down their debt on October 7, 2007.
       

box  Grim outlook for area homebuilders
 

box  Latinos lag in ownership of homes
 

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In this edition of Media in a Minute - 10.9.07:

box  CAMB President Pete Ogilvie was quoted in a news story in the Santa Cruz Sentinel about a number of Santa Cruz loan officers leaving the area and joining a San Ramon based mortgage services on October 6, 2007.
 
 
box  CAMB President Pete Ogilvie was quoted in a news story on TradingMarkets.com about the passage of three different bills supported by the Association that are designed to aid consumers on October 8, 2007.
 


box  Santa Maria couple tells story of trying to reset a mortgage rate in turbulent housing market
 

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In this edition of Media in a Minute - 10.5.07:

box  CAMB Government Affairs Chairman Ed Smith Jr. was quoted in a news story in the LA Times about the fair-lending legislation to be unveiled in Congress in response to the current mortgage industry on October 4, 2007.
 

 
box  CAMB’s executive leadership team participated in a roundtable discussion for Broker Magazine about their annual convention.  This story appeared in the October 2007 edition.
 
box  CAMB immediate past president Jack Williams was quoted in a news article in Mortgage Servicing News about how a majority of foreclosures can be avoided if consumers can get a hold of their lender.  This article appeared in the October 2007 edition.
 
box  Lenders slow to raise home loan standards
 

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In this edition of Media in a Minute - 10.2.07:

box  CAMB past president John Marcell participated in a news conference with the Department of Education Superintendent Jack O’Connell regarding financial literacy in public schools.  CAMB was mentioned as an organization in support of this initiative in the Inland Valley Daily Bulletin on October 2, 2007.

 
box  CAMB Member Brian Cadieux was quoted in a news story in the San Jose Mercury News about home appraisals in the Silicon Valley on October 2, 2007.

 
box  California foreclosures expected to worsen
 

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In this edition of Media in a Minute - 9.28.07:

box  CAMB past president Ted Grose was quoted in a news story in the San Jose Mercury News about how products and underwriting that once allowed people to buy houses they couldn’t afford have disappeared on September 27, 2007.
 
box  131 Countrywide workers in region to get pink slips
 
box  California foreclosures soar
  
box  Report: Stockton First in Foreclosures
 

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In this edition of Media in a Minute - 9.25.07:

box   CAMB President Pete Ogilvie was quoted in a finance column in the Sacramento Bee about fees associated with bi-weekly mortgage payments on September 25, 2007.
  
box   CAMB President Pete Ogilvie was quoted in a news story in the Santa Cruz Sentinel about the Federal Reserve cut and what it means for consumers on September 19, 2007.
 
box   CAMB Public Relations Chair Ed Craine was quoted in Mortgage Line about seminars and how they are a great way to generate leads on September 21, 2007.
box   CAMB was mentioned in Mortgage Line in reference to Dave Savage, a chief executive of Mortgage Coach that spoke at the 2006-2007 annual CAMB convention on September 21, 2007.

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In this edition of Media in a Minute - 9.21.07:

box  CAMB Government Affairs Chairman Ed Smith Jr., was quoted in an article in the San Diego Union Tribune about how homeowners are more likely to get more relief from efforts in Washington in order to expand the federal backing of mortgages through the Federal Housing Administration on September 20, 2007.
 
box  SEC begins subprime investigation
 
box  Rate cut won’t directly affect mortgages

box  Sacramento-area home industry breathes shallow sigh of relief

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In this edition of Media in a Minute - 9.18.07:

box  House Votes to Aid Struggling Homeowners
    
box  Bush opposes raising FHA loan limits past $417,000

box  Foreclosure surge continues, California No. 1 in U.S.

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In this edition of Media in a Minute - 9.14.07:

box  U.S. steps in to ward off foreclosures
   
box  ARMs escalation likely to shoot down subprime borrowers
 
box  Countrywide secures more financing

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In this edition of Media in a Minute - 9.11.07:

box  CAMB President Pete Ogilvie, Government Affairs Chairman Ed Smith Jr., Public Relations Chair Ed Craine, Past CAMB President Leon Huntting, and Los Angeles Metro Chapter President Glenda Brass were all participants of an Editorial Board hosted by the Sacramento Bee. The article features the participants answering questions regarding the delinquencies and regulatory issues of the mortgage industry with the Bee staff on September 10, 2007.

box  CAMB's East Bay Chapter President John Holmgren and former East Bay Chapter President Michael Tacconi were both quoted in an article in the East Bay Business Times about the pending bill that would increase the conforming loan limit and how the Association strongly supports this bill to preserve homeownership on September 7, 2007.

box  CAMB San Joaquin Chapter Valley President and Board Member Cameron Pannabecker was quoted in an article in the Stockton Record about the Association's launch of a mortgage hotline to advise consumers who are struggling with mortgage payments on September 9, 2007.

box  Government Affairs Chairman Ed Smith Jr., was quoted in a news article in the San Diego Union Tribune about the role of real estate appraisers given the current market on September 9, 2007.

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In this edition of Media in a Minute - 9.07.07:

box  CAMB Government Affairs Chairman Ed Smith Jr., was quoted in a news story in the San Diego Union Tribune in response to a recent study released by ACORN which claimed that minorities pay more for home loans.  Ed Specifically referenced the fact that mortgage brokers do not create loan products rather they match the customer's profile to the appropriate loan product that best meets their needs.  This article appeared in the Tribune on September 5, 2007.
 
box  The Inland Chapter of CAMB was mentioned in a news article in the Press Enterprise about sponsoring a local event in the Inland Empire on September 6, 2007.

box  CAMB President Pete Ogilvie, Government Affairs Chairman Ed Smith Jr., Public Relations Chair Ed Craine, CAMB immediate Past President Jack Williams, former CAMB President and Executive Board Member John Marcell, and Vice President of Finance Dale Di Gennaro were all featured in a news article in Origination News about CAMB's proposed solutions to the current mortgage crisis in the September 2007 edition.
box  Mortgage broker survey finds 33 percent of home loans failed to close last month.

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In this edition of Media in a Minute - 9.04.07:

box CAMB President Pete Ogilvie was quoted in a news story in the Contra Costa Times about the Association's stance in response to a statement made by President Bush about his plan to address the current mortgage crisis on September 4, 2007.

box CAMB Past President and current Executive Board Member John Marcell was quoted in a news story in the Press Enterprise about President Bush's proposed solutions for the current mortgage crisis on August 31, 2007.

box CAMB Executive Board Member Karl Skow was interviewed on KUSP radio on the issue of subprime loans on August 24, 2007.

box CAMB Board Member Victoria Johnson was quoted in a news story in the North County Times about the North County Chapter setting up a free telephone hotline to counsel homeowners who are struggling to pay their mortgages or facing foreclosure on August 28, 2007.

box CAMB immediate Past President Jack Williams and former Orange County Chapter President Ed Leyba were both quoted in a news article in the OC Register about the decrease in the Association's membership due to the current mortgage crisis on September 3, 2007.

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In this edition of Media in a Minute - 8.31.07:

box CAMB Government Affairs Chairman Ed Smith Jr., was quoted in a news story in Reuters about the effects of the mortgage industry on the housing market in Southern California.  Ed Smith also commented that media hype was a leading factor in causing consumers in the market to fear the falling prices on August 29, 2007.
box Ginnie Mae Web site
Elimination of VA Loan Limit at Pooling
box Credit unions escape lender's woes
    
box Speculators drive up defaults, report says

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In this edition of Media in a Minute - 8.28.07:

box CAMB Board Member John Marcell and immediate Past President Jack Williams were both quoted in a news article in the Press Enterprise about the Association asking Congress to make government-sponsored mortgage programs work for more people who need to refinance in order to keep their homes on August 24, 2007.

box CAMB Government Affairs Chairman Ed Smith Jr., was quoted in a news article in the Contra Costa Times about how consumers should be knocking down their legislators doors in order to get the limits increased.  The article also referenced the Association, and how CAMB is asking Congress to give a financial break to the state's home buyers on August 26, 2007.
 
box CAMB was referenced in an article in the Pasadena Star News about how the Association is calling upon brokers and lenders to ensure high standards of professionalism within the industry on August 25, 2007.

box CAMB President Pete Ogilvie was quoted in a news story in American Banker about Fannie Mae and Freddie Mac on August 27, 2007.
box Inside Countrywide's Lending Spree

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In this edition of Media in a Minute - 8.24.07:

box CAMB was mentioned in a news article in the Tracy Press about how 80 percent of foreclosures could be avoided on August 23, 2007.

box Belatedly, some states move to limit damage from subprime lending

box Mortgage lender gets $2 billion infusion

box Mortgage fiascoes devour jobs


In this edition of Media in a Minute - 8.14.07:

box CAMB President Pete Ogilvie, Public Relations Chair Ed Craine, and past president Leon Huntting were all quoted in a news article in the San Francisco Chronicle about the mortgage industry in the Bay Area on August 14, 2007.  
box San Diego new-home sales hit lowest point in five years.   
box High-Risk Mortgages Become Toxic Mess
box U.S. Sub-Prime woes are felt around the world.

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In this edition of Media in a Minute - 8.10.07:

box CAMB President Pete Ogilvie was quoted in a news article in the Santa Cruz Sentinel about the closing of a Santa Cruz Mortgage Company on August 8, 2007.  
box CAMB Public Relations Chair Ed Craine was quoted in a news article in the San Francisco Chronicle about the current standings of the mortgage industry in the Bay Area on August 9, 2007.
box  Countrywide sees trouble ahead
box Slowdown restricts access to home loans

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In this edition of Media in a Minute - 8.7.07:

box CAMB was mentioned in a news article in the Orange County Register about how 60 percent of loans made in California are handled by a mortgage broker on August 6, 2007.
box Home lending troubles spread
box Clinton takes on Predatory Lending
box More home lenders grind to a halt   

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In this edition of Media in a Minute - 8.3.07:

box CAMB President Pete Ogilvie authored a Letter to the Editor in response to a news article about the rise in foreclosures, which appeared in the San Jose Mercury News on August 2, 2007.
box Washington, D.C.: Mortgage rates post slight drop   
box Mortgage rates down on bond yields
box Mortgage industry shake-up hits locally

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