Sagent Appoints Former BofA Exec as CTO to Accelerate Consumer-First Modernization of Mortgage Servicing
Summary
KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today appointed veteran technology leader Uday Devalla as Chief Technology Officer. The move accelerates Sagent’s vision to improve loan servicing engagement and consumer experience from the homeowner perspective. And Uday is a pioneer of building and running these complex systems at scale.” Devalla has led engineering, digital transformation, information security, and regtech strategy in housing for more than two decades. “The mortgage servicing tech stack isn’t just a system of record to keep lenders efficient, profitable, and compliant,” said Devalla. Sagent is a joint venture that combines Fiserv Inc.’s decades of market-leading fintech expertise with Warburg Pincus’ skill in growing technology companies.