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UWM’s Agnes Standowicz on leadership strategy and harnessing technology

Housing Wire

When Standowicz started at UWM in 2013 she was on a team of about 100 underwriters. Fast forward to 2013, I joined UWM as an FHA Senior Underwriter and quickly rose through the ranks to become an underwriting leader, guiding a group of underwriters to ensure loans are processed accurately, quickly and consistently.

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Ocwen agrees to pay $1.5M to settle class action

Housing Wire

million to settle a class action lawsuit regarding alleged phone conversations recorded without clients’ consent. The class action lawsuit can reach 37,031 clients, represented by the law firm Kazerouni Law Group, APC. In 2013, the CFPB accused Ocwen of “engaging in significant and systematic misconduct.”

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Kind Lending hires Tammy Richards as COO

Housing Wire

Kind Lending, a California-based lender founded by industry veteran Glenn Stearns, is a client of LendArch , a mortgage consulting firm that Richards founded in 2021. She left the bank in 2013 to join Caliber, holding the position of Pacific Southwest division vice president. In 2018, she transitioned to loanDepot as COO.

Lending 265
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Floify rolls out income/employment verification technology

Housing Wire

“This unique technology will help our clients reduce costs, which is especially important today as verification-related fees increased significantly in the past three years,” said Sofia Rossato, Floify’s president and general manager. Founded in 2013, Floify — a subsidiary of Porch Group Inc. —

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Northpointe Bank to shutter its correspondent lending business

Housing Wire

Northpointe Bank appreciates its valued client relationships and remains committed to providing superior financing solutions to its retail lending consumers and warehouse financing clients,” Williams said. Northpointe became an approved seller and servicer for Freddie Mac in 2013, Fannie Mae in 2014 and Ginnie Mae in 2016.

Lending 351
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Low-tax states are winning the real estate battle

Housing Wire

states from 2013 to 2020, correlated with rates of sales tax, income tax and property tax in 2020. Florida, specifically, has the seventh-lowest tax rate in the country and gained more residents than all but four other states from 2013 to 2020. The trend is reversed in high-tax states, where an average of 2.5

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“It seems impossible:” Bergen County, NJ’s housing market is vexing agents and buyers

Housing Wire

Altos Research’s Market Action Index score for the county, which has 70 municipalities, illustrates the challenges agents and their clients have faced. I was able to bring my clients to multiple listings for their consideration, but now I can only show them one or two in a given week. as of March 6, 2024. “We