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Non-QM, Reno, Jumbo Products; SaaS, Sales, Underwriting Products; Correspondent News; Underwriting Shifts

Non-QM, Reno, Jumbo Products; SaaS, Sales, Underwriting Products; Correspondent News; Underwriting Shifts
Apr 8 2021, 9:55AM
i before ‘e’ except after ‘c’” has finally been disproved by science. Does “machine learning” equal “Artificial Intelligence (AI)”? Nope. And did you know that over the past 12 months, in the U.S. there has been a net loss of 2,563 bank branches (3,585 branches shuttered while 1,022 were opened) per S&P Global? Although the pandemic has definitely had a hand in speeding some of these closures along, lenders are concerned about how the post-pandemic world will affect depository bank and mortgage bank branch levels. Lenders are also concerned about how HMDA data, sifted through by the CFPB, may be construed. It is generally thought that the lowest cost, most efficient producers will rise to the top, and the commentary has some notes on back-office changes below. In addition, the audio version of today’s ....

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MassHousing Extends Servicing Technology Relationship with Sagent

MassHousing Extends Servicing Technology Relationship with Sagent
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Sagent Loanserv , Masshousing Kevin Mello , Account Connect , எண்ணுதல் இணைக்கவும் ,

MassHousing Extends Sagent Partnership For 3 Years to Automate the Future of Mortgage Loan Servicing

Press release content from Business Wire. The AP news staff was not involved in its creation.
MassHousing Extends Sagent Partnership For 3 Years to Automate the Future of Mortgage Loan Servicing
February 11, 2021 GMT
KING OF PRUSSIA, Pa. (BUSINESS WIRE) Feb 11, 2021
Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a three-year partnership extension with MassHousing. The extension represents an eight-year collaboration on Sagent’s loan servicing platform.
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Boston-based MassHousing was created in 1966 to deliver financing for affordable housing in Massachusetts. Committed to innovation, agility and staff development, MassHousing provides responsible lending products and housing opportunities through unwavering dedication to the communities it serves. MassHousing enables its team to relay expert, personalized loan guidance while empowering homeowners to take contro ....

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Trustmark Expands Sagent Partnership For 7 Years

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Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, today announced a seven-year renewal and partnership expansion with Trustmark .
Jackson, MS-based Trustmark offers full-service consumer and business banking to customers through 185 offices across the Southeast. Community banking is the pillar of customer care in the banking industry, and for the past 131 years, Trustmark has exemplified compassionate community banking by evolving to meet each local customer’s needs with a high-tech approach.
Trustmark offers a full breadth of financial products and services to cover any need a consumer might have for their life or their business, and they provide technology via smart fintech partnerships like Sagent. Trustmark will build upon their long-established trust with their customers through continued use of two Sagent mortgage servi ....

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