Exhibit 99.1

[GRAPHIC REMOVED HERE]

Contact: Stephen H. Gordon  Chairman & CEO            Telephone:  (949) 585-7500
         David S. DePillo   President & COO           Facsimile:  (949) 585-0174

          COMMERCIAL CAPITAL BANCORP, INC. RENAMES ITS MORTGAGE BANKING
                  SUBSIDIARY COMMERCIAL CAPITAL MORTGAGE, INC.

Irvine, CA - April 9, 2003 - Commercial Capital Bancorp, Inc. ("CCBI" or the
"Company"), (NASDAQ: "CCBI"), announced today that, as a part of the realignment
of the Company's lending operations announced on April 3, 2003, Financial
Institutional Partners Mortgage Corporation, the Company's multi-family and
commercial mortgage banking subsidiary, has been renamed Commercial Capital
Mortgage, Inc., further aligning the Company's operations and strengthening the
Company's brand.

CCBI, headquartered in Irvine, CA, is a multifaceted financial services company
which provides financial services to meet the needs of its client base of
income-property real estate investors, middle market commercial businesses, and
high net-worth individuals, families and professionals. At December 31, 2002,
CCBI had total assets of $849.5 million, and Commercial Capital Bank (the
"Bank"), the Company's bank subsidiary, was the fastest growing banking
organization in Orange County, based on percentage growth in total assets on a
quarterly basis over the 24 months ended December 31, 2002 (source:
www.fdic.gov). The Bank has three full service banking offices located at the
Company's headquarters in Irvine, Rancho Santa Margarita, and in Riverside, CA,
and has loan origination offices in Sacramento, Corte Madera (Marin County),
Oakland, Burlingame, Woodland Hills, Los Angeles, Irvine, and San Diego.
Commercial Capital Mortgage, Inc. the Company's mortgage banking subsidiary, was
the 4th largest multi-family lender in California during the 12 months ended
December 31, 2002 and has originated approximately $2.0 billion in multi-family
and commercial real estate loans through December 31, 2002. ComCap Financial
Services, Inc., the Company's NASD registered broker dealer, provides fixed
income and mortgage-backed securities advisory and brokerage services to
corporations, high net worth individuals and other financial institutions.

This release may include forward-looking statements (related to each company's
plans, beliefs and goals), which involve certain risks, and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. Such risks and uncertainties include, but are not
limited to, the following factors: competitive pressure in the banking industry;
changes in the interest rate environment; the health of the economy, either
nationally or regionally; the deterioration of credit quality, which would cause
an increase in the provision for possible loan and lease losses; changes in the
regulatory environment; changes in business conditions, particularly in
California real estate; volatility of rate sensitive deposits; asset/liability
matching risks and liquidity risks; and changes in the securities markets. CCBI
undertakes no obligation to revise or publicly release any revision to these
forward-looking statements.