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Weekly Newsletter
Wednesday, December 2nd, 2015
In This Issue
  1. 2016 Sales and Marketing Convention
  2. Call to Action Successful!
  3. 2016 Fannie, Freddie Loan Limit
  4. TRID
  5. NMP Holiday Parties - Free for CAMP Members
  6. Legislative Update
  7. Upcoming Events

2016 Sales and Marketing Convention
Are you ready for 2016? CAMP has announced our theme for the 2016 Sales and Marketing convention:  Power of the Past, Force of the Future. Register NOW to take advantage of Holiday Pricing! The convention will take place January 21 -22, 2015 in beautiful Orange County. Join CAMP as we kick off the new year in style! On behalf of the entire Board of Directors, we invite you to register NOW for Sales and Marketing Conference.

Interested in exhibiting at Sales and Marketing? Email Brandon J. Craig, Director of Membership to reserve your booth today!

Call to Action Successful!

On behalf of CAMP and NAMB – the Association of Mortgage Professionals, we would like to thank everyone who participated in our Call to Action regarding the removal of the GSE fees from H.R. 22, The Fixing America’s Surface Transportation (FAST) Act. Your voices were heard loud and clear. The House Financial Services Chairman, Rep. Jeb Hensarling (TX-5), released a statement yesterday commending Conference Committee Chairman Rep. Bill Shuster (PA-9) for his work.  “I want to commend Chairman Shuster for his dedication to an open process both in the House Transportation and Infrastructure Committee and on the House floor. His efforts to streamline existing federal highway programs and provide states with more flexibility are a step in the right direction.

“Our nation’s highways shouldn’t be funded out of the functional equivalent of a tax on Americans’ bank accounts or on the backs of home buyers, particularly those who are forced to backstop Fannie Mae and Freddie Mac.  But those were two of the Senate’s bad – and completely unacceptable – funding sources we started off with.  Chairmen Neugebauer and Huizenga offered an alternative that, while far from ideal, is far superior to the Senate’s new taxes on bank accounts and home buying." Click here to for the full press release.

2016 Fannie, Freddie Loan Limit

In case you missed it last week, the Federal Housing Finance Agency announced the new Fannie, Freddie loan limits for 2016, and they remain the same at $417,000 for most of the country. There was an increase in 39 “high-cost” counties nationwide. California had four of those counties:

  • Monterey County, which includes Salinas, will increase by $26,450, from $502,550 to $529,000.
  • Napa County, which includes Napa, the conforming loan limit will increase from $615,250 to $625,500, an increase of $10,250.
  • Sonoma County, which includes Santa Rosa, the conforming loan limit will rise from $520,950 to $554,300, an increase of $33,350.
  • San Diego County, rising $18,400 from $562,350 to $580,750

We are just about two months into the TILA-RESPA Integrated Disclosure (TRID) Rule. How well are you treading with TRID? It's the little things that everyone seems to be forgetting that can affect the closing. Don't forget to remind realtors that invoices need to be given to you sooner rather than at the end of the transaction. This includes home inspections, home warranties, or sewer lateral inspections. Speaking of TRID, I came across this interesting article on TRID and Millennials. Talking TRID, I'm sure you have noticed some delays, we all have. Anytime you are dealing with changes, you learn how to better navigate the lending system. I did come across an article about a title company that is choosing not to implement TRID. Click here to read more.

NMP Holiday Parties - Free for CAMP Members
The holidays are here and NMP Holiday Parties are back and better than ever. NMP cordially invites CAMP Members to attend their California bash on Tuesday, December 8 in Irvine.  Registering is easy! CLICK THIS LINK to register, select the California party and follow the registration prompts. The party will feature networking and some great sessions, including sales strategies you can use to make 2016 your best year ever, as well as music, food, prizes, and a heavy dose of holiday cheer!

Legislative Update
Don't forget to register for the 2016 NAMB Legislative and Regulatory Conference taking place Saturday-Wednesday, April 9-13 in Washington, D.C. This is a "must attend" event for all mortgage professionals. Last year, more than 10,000 realtors attended NAR's Lobby Day. This year, NAMB would love to get 1,000 mortgage professionals to D.C. to help NAMB lobby on Capitol Hill. Join NAMB as the association rallies to fight for consumers, small businesses, and mortgage professionals everywhere. NOTE: Be sure to register today! THIS IS A MEMBERS ONLY EVENT. The early bird cost until February 5th is $199 and $249 thereafter. Click here to register.

Upcoming Events

TODAY: Silicon Valley CAMP presents Holiday Casino Fund Charity Fund Raiser from 5pm to 10pm on Wednesday, December 2, 2015 at The Glasshouse, 2 S Market St, San Jose, CA. Click here to register.

Greater Sacramento CAMP presents NMLS Continuing Education from 9:00am 5:00pm on Thursday, December 3, 2015 at The Nehemiah Companies, Sycamore Room, 640 Bercut Drive, Ste. A Sacramento, CA. Register online at Live NMLS Class.

North Bay CAMP presents their Annual Holiday Party from 6pm to 9pm on Thursday, December 3, 2015 at Hilltop 1892, 850 Lamont Avenue, Novato, CA. Contact Rick Reith, President for more info at

Central Valley CAMP Presents their Annual Holiday Party as a Lender Update and Realtor/ Lender Mixer from 4:30pm to 7:30 pm on Tuesday, December 8, 2015 at Fort Washington Golf and Country Club, 10272 N. Millbrook, Fresno, CA. To register, email your first and last name, company name, phone number & email address to:

South Los Angeles CAMP Presents Income Property Cash Flow with Gina Koenen of Provident Bank from 10:30am to 1pm on Wednesday, December 9, 2015 at The Grand, 4101 E. Willow St., Long Beach, CA. RSVP online at CAMP South LA RSVP.

Greater Sacramento CAMP presents their Holiday Networking Mixer from 5:30pm to 8:30pm on Thursday, December 10, 2015 at Vanilla Sky Bar, 2nd Floor, 1400 Rocky Ridge Drive, Roseville, CA. Please visit the Greater Sacramento CAMP webpage.

San Diego CAMP Presents their Annual Holiday Party which will begin at 6:30pm on Thursday, December 10, 2015 at the Hyatt Regency - La Jolla. Please visit the San Diego CAMP Webpage.

East Bay CAMP Presents their Annual Holiday Party which will begin at 6pm on Thursday, December 17, 2015 at Chapter President, Audrey Boissonou’s house. Please email Audrey at to RSVP and for the address. Please bring an unwrapped toy for Toys for Tots.

San Francisco Peninsula CAMP Presents their Annual Holiday Party from 4:30pm to 7:00pm on Thursday, December 17, 2015 at Dominic’s at Oyster Point, 360 Oyster Point Blvd, South San Francisco, CA. RSPV details to follow

If you would like me to include upcoming events, please email Michelle at

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