Photo of: Oscar Camacho

Oscar C. Camacho Jr.

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CDA
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    www.saipantribune.com/newsstory.aspx?cat=1&newsID=68865 - [Cached Version]
    Published on: 5/27/2007    Last Visited: 5/28/2007  

    Oscar C. Camacho, acting chief executive officer of the CDA, closed the program with a presentation on CDA's recently formulated strategic plan and debt relief program.Camacho explained that the CDA Strategic Plan was a product of CDA's strategic planning session conducted in October of 2006.The plan, according to Camacho, serves as workable guidelines for actions and sets three immediate goals for the agency:
    ...
    Camacho then provided details of the recently established debt relief program and ended with a scenario demonstrating the impact of such debt relief program.

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    www.saipantribune.com/newsstory.aspx?cat=15&newsID=8789 - [Cached Version]
    Last Visited: 2/20/2009  

    CDA's Oscar Camacho should be fired immediately by the board for his failure to have the property titled search.

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    www.saipantribune.com/newsstory.aspx?cat=1&newsID=67779 - [Cached Version]
    Last Visited: 4/23/2007  

    Workshop speakers include NMC Small Business Development Center director Eric Plinske, Energy Division director Thelma Inos, Summer Holiday Hotel's John Camacho, Saipan resident Kraig Church, Workforce Investment Agency lead case manager Lucy Sablan, Department of Labor's Alfred Pangelinan, and CDA's acting chief executive officer Oscar Camacho.

  • View Online Source
    www.saipantribune.com/newsstory.aspx?cat=1&newsID=67684 - [Cached Version]
    Last Visited: 4/20/2007  

    Workshop speakers include NMC Small Business Development Center director Eric Plinske, Energy Division director Thelma Inos, Summer Holiday Hotel's John Camacho, Saipan resident Kraig Church, Workforce Investment Agency lead case manager Lucy Sablan, Department of Labor's Alfred Pangelinan, and CDA's acting chief executive officer Oscar Camacho.
    ...
    This seminar aims to help them in managing their business," said Camacho.

  • View Online Source
    www.saipantribune.com/newsstory.aspx?cat=1&newsID=69475 - [Cached Version]
    Last Visited: 6/14/2007  

    We have only started this debt relief program recently and are now gathering interests and working on details of the individual loans," said CDA acting chief executive officer Oscar Camacho.

    He expressed confidence that the program "will make a big difference on both sides of the equation: the borrower and CDA."

  • View Online Source
    www.saipantribune.com/newsstory.aspx?cat=1&newsID=67556 - [Cached Version]
    Last Visited: 4/17/2007  

    CDA acting chief executive officer Oscar Camacho said yesterday that based on the new relief program, CDA would take out the interest, set it aside, and allow the borrowers pay only the principal amount at a 2-percent interest rate.

    "Say a borrower has a $500,000 loan with us, then the last time that loan was revised, the principal portion was only $380,000, so you have the $120,000 accrued interest.Now, the typical, conventional loan and the way it was practiced at CDA and other banks is you capitalize that accrued interested so the $120,000 plus the $380,000 becomes the new principal, then you start the new terms and then your new interest rate applies on the $500,000 loan.That's the traditional, conventional way.CDA has gone out of its way to take out the $120,000 accrued interest, set it aside so that it doesn't accrue interest, and the principal of $380,000 will be the one you have to pay with the 2-percent interest rate under a new term of the loan.It will accelerate the payment reduction on the principal portion while the accrued interest is still intact," said Camacho in an interview yesterday.

    This arrangement is subject to review after every three years for a possible rate adjustment.

    If the economy and the financial condition improves, the CDA would revise the program.Right now, Camacho said the goal is to help the borrowers come back to meet their obligations the easiest way.

    Camacho said qualified borrowers can pay up to 30 years in cases where it would not lose its first lien on mortgaged property.

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    www.insidebayarea.com/dailyreview/localnews/ci_12978379 - [Cached Version]
    Published on: 8/2/2009    Last Visited: 8/3/2009  

    Consumers with questions can contact Oscar Camacho, the manager of the company, at (415) 716-4128.

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    squeals.kpig.com/archive/index.php/thread-81.html - [Cached Version]
    Published on: 7/29/2009    Last Visited: 8/5/2009  

    Media and consumers with questions should contact company Manager, Oscar Camacho, Jr., at (415) 716-4128.

  • View Online Source
    www.saipantribune.com/newsstory.aspx?cat=1&newsID=74678 - [Cached Version]
    Last Visited: 11/27/2007  

    Oscar Camacho, acting chief executive officer of the Commonwealth Development Authority, said Monday that this indicates the high delinquency rate being experienced by the agency.

    "It is true.The delinquency rate is high in terms of the dollar amount and number of borrowers," Camacho said.

    He did not cite a specific delinquency rate for the agency.

    Camacho said that CDA has been diligent in collecting the dues and outstanding balances but because times are difficult, the numbers just keep on increasing.
    ...
    For borrowers who simply cannot make any more payments, Camacho said the better idea is to just give the business back to CDA.
    ...
    Even with the new programs to help borrowers, Camacho said there have not been many borrowers.

    "There are many applying but not many qualify," he said.

    Nonetheless, Camacho said, CDA has many good borrowers."Even those who are not able to make due payments, we still try to work with them," he said.

  • View Online Source
    www.saipantribune.com/newsstory.aspx?cat=1&newsID=88180 - [Cached Version]
    Last Visited: 3/2/2009  

    Jude U. Hofschneider, first vice chairman; Commonwealth Development Authority executive director Oscar C. Camacho, second vice chairman; Fund board of trustees chair Juan T. Guerrero; NMIRF board member Sixto K. Igisomar; Teresa Kim and press secretary Charles P. Reyes Jr. of the Executive Branch; Sen.

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