Move accelerates fintech software leader’s delivery of simplicity for consumers without compromising on depth for servicers in $12 trillion U.S. mortgage servicing sector
KING OF PRUSSIA, Pa. – January 19, 2022 – Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today appointed Courtney Thompson as Chief Product Officer. The move accelerates Sagent’s vision to remake loan servicing from the consumer perspective, and deepens Sagent’s relationships with customers, regulators, and the fintech community.
“Rewiring America’s $12 trillion mortgage servicing sector requires nimble but highly-technical software that connects all consumer, servicer, regulator, investor, and partner needs,” said Sagent CEO Dan Sogorka. “And Sagent’s new Chief Product Officer Courtney Thompson truly gets how these needs fit together into smart tech platforms. She’ll help us go faster delivering simplicity consumers expect without compromising on depth servicers require.”
Since Sogorka joined as CEO less than two years ago, Sagent has led modernization of mortgage servicing in America. The fintech software leader is the only major player providing top servicers with highly-configurable, cloud-based platforms to power core servicing, default management, and consumer experiences that are all linked together. This enables servicers to ace every customer care detail, use data responsibly to retain customers for life, and remain in real-time compliance with real-time regs and GSE/investor changes.
In her new role, Thompson will lead and expand product development to refine and grow Sagent’s vision organically as well as through partnerships and M&A.
Thompson has led mortgage fintech innovation, digital transformation, servicing, and regtech strategy for almost two decades. Her fintech management consulting firm Consigliera has advised top servicers and fintechs on these matters, and previously, she was head of default servicing at Flagstar, where she rebuilt a modern tech stack to give the bank’s consumers compassionate, responsive experiences when they need it most. While at Flagstar, she also ran their popular fintech accelerator program.
“Sagent’s talent and resources to execute on scale modernization and my mission to transform the servicing industry’s people, process, and technology while honoring the humans within it are a perfect match,” said Thompson.
“The servicing community must meet homeowners where they are in this highly regulated and digital world, and I can’t wait to dig in with the Sagent team, its customers, and the industry at large to solve this once and for all.”
Sagent powers America’s top bank and nonbank lenders to engage, care for, retain, and modernize the homeownership experience for 14 million borrowers and growing. They use our flexible, scalable, and configurable solutions to engage borrowers and earn customer loyalty, lower servicing costs, ensure compliance, and increase the value of servicing rights throughout full market cycles. Sagent is backed by Warburg Pincus, one of the world’s elite investors, and powers more than $1 trillion in outstanding mortgage servicing for its customers. Visit sagent.com to learn more.