Mortgage News March 21, 2023
Sagent, a mortgage tech company backed by Warburg Pincus, has announced the appointment of Perry Hilzendeger as its new Executive Vice President of Servicing. Hilzendeger, who previously served as the President of Servicing at Homepoint Financial, will focus on driving Sagent’s innovations related to customer experience and compliant programming.
Sagent believes that nuanced, technical software powering the highly regulated $13 trillion mortgage servicing sector must be built and led by servicing operators who understand the details. As such, Hilzendeger’s appointment is seen as a strategic move to strengthen Sagent’s position in the industry.
In his new role, Hilzendeger will refine Sagent’s cloud-native, open-API servicing and default platforms to ensure they remain relevant for customers’ multivariate and complex use cases. As the industry modernizes, he will also work to drive the adoption of the platforms with major bank and nonbank servicers and lead Sagent’s relationships with Fannie Mae, Freddie Mac, Ginnie Mae, and regulators in order to ensure compliant and responsible innovation.
Hilzendeger brings a wealth of experience to the role, having spent over 13 years at Wells Fargo Home Mortgage, including time spent as SVP of Real Estate Servicing and Head of Retail Operations. He believes that technology and operations expertise are necessary to power the $13 trillion mortgage servicing sector in America. Sagent is the only scale software provider with both, making it well-positioned to change the dynamics of America’s housing ecosystem and deliver positive homeowner outcomes.
Sagent’s CEO, Dan Sogorka, praised Hilzendeger’s expertise and experience, stating that he will play a critical role in driving the company’s growth and innovation in the mortgage servicing sector. Hilzendeger’s appointment follows Sagent’s acquisition of Mr. Cooper’s industry-best fintech team, which doubled its servicing software specialists. Sagent is now poised to fundamentally change the dynamics of America’s housing ecosystem, and Hilzendeger’s appointment is seen as a key part of this strategy.
For any questions OR a sample of the records please submit the following form.