How Smart Fintech Powers Lenders through K-Shaped Economy In 2021

How Smart Fintech Powers Lenders through K-Shaped Economy In 2021

This post adapted from a HousingWire article by Sagent CTO Uday Devalla. At every turn, 2020 has hit us with unexpected challenges and unprecedented market conditions. The COVID economy has further emphasized the bifurcation of disparate economic realities in America, with millions of Americans relying on CARES Act-enabled forbearance in the face of financial woes,…

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How Lenders Can Save Strained Homeowners Who Aren’t Asking For Help

How Lenders Can Save Strained Homeowners Who Aren’t Asking For Help

Here are three key trends from our analysis of homeowner forbearance exit trends during the pandemic: Borrowers are exiting forbearance in an orderly fashion. The total number of forbearances peaked in mid-June and consistently declined week-over-week until late November (see Figure 1 below). Figure 1: MBA data from the week of November 22 show a…

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Sagent is a DSNews MVP in Loss Mitigation Services

Sagent is a DSNews MVP in Loss Mitigation Services

The latest issue of DSNews just landed, and they featured Sagent as a loss mitigation MVP for the mortgage industry.  As America’s most modern loan servicing software company, Sagent serves America’s top bank and nonbank servicers and powers the homeownership experience for millions of consumers. Sagent’s core products LoanServ, Account Connect, Tempo, and DataScape cover…

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