Media Advisory - Canadian vs. U.S. Mortgage Industries

    Canadian Mortgage Conference and Expo to address different outlooks

    TORONTO, Nov. 29 /CNW/ - On Monday, December 3, the Canadian Association
of Accredited Mortgage Professionals' (CAAMP) annual Canadian Mortgage
Conference and Expo will address the impact of the global economy on Canadian
mortgages and the affect of the U.S. mortgage industry on the Canadian market.

    Keynote speaker Benjamin Tal, Senior Economist with CIBC World Markets,
will provide delegates with:
    -   A review of the U.S. mortgage situation
    -   An assessment of non-traditional mortgages
    -   An examination of the spread between fixed and variable rates
    -   A look at how global warming can potentially influence mortgage rates
        in Canada

     Jim Murphy, AMP, President and CEO of CAAMP will be available for media
interviews to share insights from U.S. mortgage industry leaders, based on
recent conversations with major players south of the border, such as the
Mortgage Bankers Association. He will be able to discuss:
    -  Whether the end of the U.S. meltdown is near
    -  Pressures placed on the Federal Reserve, Congress and the State House
    -  The mindset of Canadians vs. Americans

    WHO    Jim Murphy, AMP - President and CEO, CAAMP
           Benjamin Tal - Chief Economist, CIBC World Markets

    WHEN   Monday, December 3
           Interviews with Jim Murphy (Media Room 206A) 1:30-2:00 p.m.
           Presentation by Benjamin Tal                 2:00-3:15 p.m.

    WHERE  Metro Toronto Convention Centre

    To see the complete Canadian Mortgage Conference and Expo agenda, please

    About CAAMP

    Established in 1994, the Canadian Association of Accredited Mortgage
Professionals (CAAMP), formerly the Canadian Institute of Mortgage Brokers and
Lenders, is Canada's national mortgage industry association. CAAMP has assumed
a leadership role in the industry it serves and has set the standard for best
practices for Canada's mortgage practitioners. In 2004, CAAMP created the
Accredited Mortgage Professional (AMP) designation as part of an ongoing
commitment to increasing the level of professionalism in Canada's mortgage
    As a membership-based organization, CAAMP strives to develop its network
of professionals and to represent the interests of these individuals to
government, media and consumers. CAAMP has attracted over 10,000 members and
1,100 companies from across Canada - representing over 90% of Canada's
mortgage activity. CAAMP members make up the largest and most respected
network of mortgage professionals in the country. CAAMP's membership base
consists of mortgage lenders, brokers, insurers and other industry
    CAAMP's other primary role is that of consumer advocate. On an ongoing
basis CAAMP aims to educate and inform the public about the mortgage industry.
Through its extensive membership database, CAAMP provides consumers with
access to a cross-country network of the industry's most respected and ethical

For further information:

For further information: Renée Mellow, Myra Reisler, Media Profile,
(416) 504-8464,,; Jim Murphy,
CAAMP, 1-888-442-4625, (416) 385-2333, ext. 31,

Organization Profile

Canadian Association of Accredited Mortgage Professionals

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