March 28, 2007 :: Curt Van Emon

Opes Advisors CEO named finalist in Women of Distinction Awards

This just in from Yahoo Finance. 

We’re rooting for you Susan!

Press Release  

Opes Advisors Owner Named Finalist in the Women of Distinction Awards
Wednesday March 28, 12:26 pm ET

 

PALO ALTO, Calif., March 28 /PRNewswire/ — Opes Advisors today announced that Susan McHan, CEO is one of three Banking/Finance finalists in the Women of Distinction Awards. The Women of Distinction Awards pay tribute to some of the top women leaders and innovators that deliver the products and services that help fuel Silicon Valley’s thriving economy.All category finalists will be recognized at an awards dinner Thursday, April 5, at The Fairmont Hotel in downtown San Jose. During the evening, winners will be announced. The event will kick off with registration, live music and networking from 5:30 to 6:30pm, with dinner and the awards presentation from 6:30 to 9:30pm.

Women of Distinction categories include Real Estate/Construction, Health Care, Banking/Finance, Technology, Law, Business Services, Small Business, Nonprofits/Government and Advertising/Marketing Public Relations. The awards were created by the Silicon Valley/San Jose Business Journal.

“We are proud to recognize the achievements of Susan McHan,” said Jonathan Lee, Chairman, Opes Advisors. “It’s obvious that Susan has influenced the area of Banking/Finance within Silicon Valley. Opes Advisors is excited to celebrate this accomplishment with her.”

The Silicon Valley/San Jose Business Journal is an award-winning newspaper in Silicon Valley. Published each Friday, it reaches more than 64,700 business executives throughout the world’s most dynamic business region. For more than two decades, The Business Journal has identified and chronicled the emerging companies and trends that fuel the valley.

Opes Advisors, Inc. is a premier financial advisory firm specializing in Investment Management and Residential Mortgage Banking in the Greater Bay Area. Opes provides comprehensive advisory services in personal finance management including investment management, real estate financing and strategic tax and financial planning. The bay area locations include Los Gatos, Palo Alto, San Mateo and Marin.

 



:: Curt Van Emon

Regulation in the works for California Mortgage Lenders

“It’s the biggest no-brainer in the history of the world” and “hey, we’re nice people too!”  Yeah, right.  My favorite line in this article is “the type of hype employed by carnival barkers to lure the gullible”.  The only protection people have against these schemes is to be educated and to never sign anything they don’t understand.  The problem with regulation is that they often overshoot and hit the wrong people.  In this case, people who could repay a loan may end up getting left without loan possibilities.

California lawmaker would lean on

mortgage lenders

Wed Mar 28, 2007 1:11PM EDT

By Jim Christie

SAN FRANCISCO (Reuters) - California state Sen. Mike Machado says his bill to tighten regulation of mortgage lenders amid the subprime mortgage market’s turmoil stemmed from home loan offers hawked over the radio.

Machado grew so annoyed with the ubiquitous offers he would call their toll-free numbers to probe if the deals were above board. What the Democratic lawmaker said he found was the type of hype employed by carnival barkers to lure the gullible. (more…)