Sagent, a fintech company modernizing mortgage and consumer loan servicing for America’s top banks and lenders, announced a partnership with Consolidated Analytics to automate valuation services for default servicing through an integration into TEMPO, Sagent’s default management platform.
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“Carrington Mortgage Services is excited to be partnering with Sagent and Consolidated Analytics to implement this new module within the TEMPO system”
The partnership was announced recently at IGNITE, Sagent’s annual user summit. The Consolidated Analytics team presented the automated workflow detailing the more timely, accurate, and efficient vendor orders with automated rules ensuring that the correct product is getting ordered at the right time.
“This partnership allows TEMPO users to work with Consolidated Analytics through a streamlined workflow that creates efficiencies in the valuation process, and ultimately reduces costs for our clients,” said Chris McLain, Division President, Valuations at Consolidated Analytics. “This integration allows for order placement and delivery partnered with real-time communication and automated tracking throughout the valuation process.”
Already the integration is proving successful with the first customer addition, Carrington Mortgage Services, realizing immediate gains in moving from a manual valuation management process to the automated efficiency provided by TEMPO.
“Carrington Mortgage Services is excited to be partnering with Sagent and Consolidated Analytics to implement this new module within the TEMPO system,” said Tom Croft, SVP, Default Management for Carrington Mortgage Services. “We believe it will provide us with much-needed automation and controls over our vendor services ordering processes.”
“Sagent powers the automation of vendor order management with meticulous documentation and bidirectional data sharing to ensure servicers get the right vendor orders, when they need them,” said David Doyle, Sagent EVP of Sales and Business Development.
“We’re thrilled to partner with Consolidated Analytics to help power more efficient, streamlined order management for Carrington Mortgage Services and ultimately reduce their vendor management risk.”
As enterprise systems of record, Sagent’s platforms keep America’s largest financial institutions secure and in real-time compliance with real-time policymaking in today’s housing market. Sagent’s product, engineering and policy teams build platforms that keep servicers, homeowners, and the American housing system safe.