Tag Archives: mortgage loan servicing

Mr. Cooper adds to leadership team with eye on technology

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Sridhar Sharma, who’s credited with developing Mr. Cooper’s patented AI, has been promoted to a new role, and three new tech leaders are joining from other companies. Continue reading →

Sagent hires Mr. Cooper vet Jaime Gow to grow new servicing platform

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In what’s shaping up to be transformational year for the company, Sagent has revamped its leadership and launched Dara platform to handle every phase of mortgage loan servicing. Continue reading →

Black Knight awarded $155.2M in PennyMac trade secrets lawsuit

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PennyMac is putting a positive spin on the arbitrator’s ruling, saying the decision allows it to continue to use the disputed loan servicing software “free and clear of any restrictions.” Continue reading →

Constellation Software handed the keys to Empower, Optimal Blue

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To satisfy antitrust regulators, ICE divests itself of Black Knight’s loan origination and mortgage pricing businesses, but gets access to mortgage loan servicers and MLSs in $11.9 billion merger. Continue reading →

Mr. Cooper’s share price soars with $1T servicing portfolio in sight

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Thanks to its Home Point Capital acquisition and other pending transactions, the loan servicing giant delivered upbeat Q2 results Wednesday and expects to hit a $1 trillion target by year’s end. Continue reading →