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Domania CEO Selected Member of MBA Committee

BOSTON, Dec. 12, 2001 - Domania, Inc., a 12-year-old, Boston-based financial services software and marketing firm serving the real estate and mortgage industries, announced that Chief Executive Officer Steven Kropper has been selected as a member of the Mortgage Bankers Association of America's Residential Loan Production Steering Committee (RLPS). As the only member of the committee who is not from a lending institution, Kropper brings a unique perspective to the issues the committee handles.

At its most recent meeting at the MBA Annual Convention in Toronto, the RLPS discussed numerous issues facing the lending community, including the proposed FHA Anti-Flipping regulation, the status of FHA legislation on hybrid adjustable rate mortgages (ARMs), the Consumer Credit Score Disclosure Act that was drafted by the U.S. Senate, and updates on the MBA Ethics Task Force.

"It is truly an honor to have been selected by the MBA to be a part of this steering committee, especially given that all of the other members are from lending institutions, which is the tradition of this committee," said Kropper. "With the myriad challenges already facing the lending community, and the pace at which the industry itself is evolving, now is a very exciting time to share the driver's seat with such an experienced and forward-thinking group who will help make upcoming industry changes easier to manage."

About Domania, Inc.

Domania, Inc. is a financial and marketing services software company that provides innovative customer acquisition and retention products to banks, mortgage lenders and Realtors®. Domania has a client roster that includes IndyMac Bank, Fleet Boston Financial and GreenPoint Mortgage. The company also operates the consumer real estate Web site, www.domania.com, rated among the top financial Web sites by Money Magazine. Domania's Home Price Check™ provides historical home price data through such prestigious partners as America Online (AOL), Dow Jones, Realtor.com, CBS MarketWatch, MonsterMoving, and The Motley Fool. Based in Boston, Domania was founded in 1989 as INPHO, Inc.


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