Orest Tomaselli of CondoTek on Condo/Co-op Compliance

Orest Tomaselli is President of the Condominium and Cooperative Review Division of CondoTek, Philadelphia, and owner of Strategic Inspections, a national reserve study provider.

MBA Advocacy Update Jan. 31, 2022

Recently, MBA and a coalition of financial services trade associations filed a joint comment letter to the Consumer Financial Protection Bureau on its assessment of the HMDA Rule. Also last week, the CFPB issued a request for public comment seeking information on “fees that are not subject to competitive processes[.]”

MBA Premier Member Profile: HomeBinder

Founded in 2015, HomeBinder, Burlington, Mass., is a centralized online platform designed to make maintaining a home’s value easy while improving relationships between homeowners and the businesses that serve them.

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“2021 was nothing short of spectacular for U.S. home values. The median owner saw an estimated increase of more than $38,000 in their home value, creating trillions of dollars in potential borrower equity. However, the market remains tough for many would-be buyers – competition is fierce, supply is low, entry-level options are more limited than ever before and for the first time, more than one-quarter of homes sold cost $500,000 or more.”
-Steve Gaenzler, SVP of Product, Data and Analytics with Radian, Philadelphia.

IMB Talks: Staying Ahead in the Mortgage Industry in 2022

NASHVILLE, Tenn.—You’ve heard of “TED Talks;” now, welcome to “IMB Talks.” Here at the recent MBA Independent Mortgage Bankers Conference, several independent mortgage bankers took the stage to give their take on what’s happening in the mortgage banking industry—and challenges and opportunities facing IMBs in the months ahead.