Sagent Adds Former Fannie Mae Exec Marianne Sullivan and Digital Risk Co-Founder Jeffrey Taylor to Board of Directors
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 industry stalwarts Marianne Sullivan and Jeffrey Taylor to its Board of Directors. As the housing industry’s most modern, consumer-first loan servicing system of record, Sagent powers America’s top bank and nonbank lenders to engage, care for, and retain 12 million borrowers and growing. “They’ll help Sagent speed up innovation on our three core servicing, default, and consumer-engagement platforms, and deepen our relationships with customers, regulators, and investors.” Sullivan has built scale technology and led transformation throughout the mortgage ecosystem. As 2021 begins, Sagent will power customer retention for servicers at the last, most critical interval of this refi boom, which protects loan portfolios just as MSR values start rising with an improving economy. Taylor, co-founder of America’s largest residential mortgage managed services firm Mphasis Digital Risk, brings strong bank, lender, GSE, and regulator partnerships to help Sagent drive this vision.