KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–Sagent, a Warburg Pincus-backed fintech software company modernizing mortgage servicing for banks and lenders, today appointed Marianne Sullivan as Chief Operating Officer to accelerate development of the industry’s first and only cloud-native software that powers home ownership and loan servicing lifecycles for servicers, consumers, investors, and regulators. Sullivan will remain on Sagent’s board as she assumes an active operational role.
“Marianne Sullivan joined Sagent’s board in September 2020 to help architect our cloud-native software vision and multi-year execution plan,” said Sagent CEO Dan Sogorka. “Phase one of that plan was to broaden the management team, renew and grow Sagent customer relationships, complete our landmark client/partner deal with top U.S. servicer Mr. Cooper, and integrate the Mr. Cooper fintech team we acquired into Sagent. Phase two is for Marianne to lead rapid progress on our next-gen software platforms for America’s intricate and highly regulated $13 trillion mortgage servicing…