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Monthly Newsletter
Wednesdsay, January 18th, 2017
In This Issue
  1. Sales and Marketing 2017
  2. FHA Reducing MIP
  3. Dodd-Frank Outlook
  4. CAMP Members Join the 49'er Club
  5. Membership Benefit of the Month
  6. Upcoming Events

Sales and Marketing 2017
In case you haven't heard yet, CAMP's Sales and Marketing event has been re-imagined for 2017 to make it easier on you!  Instead of one two-day event, CAMP is host two one-day events!  One in Walnut Creek on February 3rd (the day after NAMB's On the Road Series at the same venue!) and one in Garden Grove on February 13th.  These events were designed to reduce your airfare, reduce your hotel costs, and take you out of the office for less time.

But we also discovered we could get CAMP members in for FREE if they register more than one week in advance!

For more information on the event in Walnut Creek, click here.  For more information on the event in Garden Grove, click here.  For more information on sponsoring and exhibiting at these events, click here.  If you're interested in speaking, please contact

FHA Reducing MIP
As we shared in our bulletin last week, the Federal Housing Administration (FHA) has announced that loans with a close/disbursement date on or after January 27, 2017 will have reduced annual Mortgage Insurance Premium (MIP) rates on 15- and 30-year loans.  Please find Mortgagee Letter 2017-01 here

One would think this would be viewed as a welcome (if not overdue) change that would help our borrowers qualify and enjoy lower monthly payment.  Right?  Wrong!

Unexpectedly, this quickly became a political issue.  Rep. Jeb Hensarling (R-TX), Chairman of the House Financial Services Committee stated "It seems the Obama administration's parting gift to hardworking taxpayers is to put them at grater risk of footing the bill for yet another bailout," said Hensarling in a statement.  "Just three years ago, the taxpayers had to spend $1.7 billion to bail out the FHA.  Lowering premiums to below market rates now only puts the FHA in a more precarious financial condition." 

It remains to be seen whether this change will stick under the new administration so lock'em and doc'em while you can!

Dodd-Frank Outlook
While some rub their hands together with glee at the thought of repealing Dodd-Frank, most would agree that adjustments rather than a complete abandonment of the legislation may be a better option. But, as always, there is no shortage of opinions.  Check one out here.

CAMP Members Join the 49'er Club
As CAMP members, you can ensure your voice is heard at a legislative level by making a donation to the PAC or by becoming a member of the 49'er Club.

Learn more here.

Membership Benefit of the Month
There are many advantages to being a member of CAMP.

One of these benefits is eEndorsements.  eEndorsements review marketing platform is designed to easily capture your client feedback, minimize your negative reviews, share positive review content on social media and major review sites, along with enhancing search engine optimization to increase revenue by driving more referrals for you. 

Exclusive discount for CAMP members on a complete review management system designed to grow your business!

CAMP has negotiated a member deal with for a discount of up to 35%!  Click here for a no risk 14 day trial, with prices starting at $19 per month or $190 annually.

Upcoming Events
Silicon Valley Chapter CAMP will be hosting a Room Full of Referrals from 8:00am - 12:00pm on Tuesday, January 24, 2017 at the Camden Community Center in San Jose.  This is a half-day workshop where you learn to appreciate and recognize different behavioral styles and personality traits.  DISC profile testing included.  Please contact Richard Wang for more information at or 408-567-0808.

East Bay Chapter
will be hosting their Annual Crab Feed on January 26th, 2017.  We will be at the Elk's Lodge in Walnut Creek, CA.  Please contact Audrey Boissonou for more information on sponsorships or tickets - or 925.788.1351.

NAMB presents the NAMB On the Road series on February 2nd, 2017 at the Walnut Creek Marriott from 10:00am - 4:00pm.  Click here for more information.

CAMP presents 2017 Sales and Marketing: North on February 3rd, 2017 at the Walnut Creek Marriott from 11:00am - 7:00pm.  Click here for more information.

North Los Angeles County Chapter presents MGIC Income Calculation Training on February 7th, 2017 from 9:00am - 11:45am.  The event will be at Southland Regional Association of Realtors, 7232 Balboa Boulevard, Van Nuys, CA 91406.  Contact Houtan Hormozian for details at 818.949.2345.

CAMP presents 2017 Sales and Marketing: South on February 13th, 2017 at the Hyatt Regency Orange County from 11:00am - 7:00pm.  Click here for more information.

East Bay CAMP will be co-hosting "Underwriting Tax Returns for the Self-Employed Borrower" with ARCH MI on February 15th, 9:30am-12:30pm.  3003 Oak Road, Walnut Creek, CA 94597.  Please send your RSVP's to Wendy Barnett at

NAMB presents NAMB East from March 16th - March 18th at the Omni Atlanta Hotel at CNN Center in Atlanta Georgia.  Click here for more information.

East Bay CAMP will be holding LO Bootcamp with Guy Schwart March 23, 2017.  This class was a huge hit last year and if you are new to the industry or want a refresher, be sure to attend!  Please contact Audrey (925) 788-1351 or

NAMB presents 2017 Legislative and Regulatory Conference from April 21st - April 25th at the J.W. Marriott in Washington, D.C.  Click here for more information.

CAMP presents the 2017 State Lobby Day on May 10th at the Elk's Tower and the California State Capitol from 8:30am - 5:00pm.  Click here for more information.

CAMP presents Summer CAMP 2017: Destination Coronado at the Coronado Island Marriott from August 7th - August 8th.  Stay tuned for more information.

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