Sagent Lending Technologies
, a mortgage servicing technology provider, has announced its acquisition of ISGN Corporation
, a provider of SaaS technology solutions to the residential mortgage industry. The terms of the transaction were not disclosed.
Sagent is headquartered in King of Prussia, Pa., and was formed as a joint venture between Fiserv and Warburg Pincus in 2018. ISGN is based in Melbourne, Fla., and is best known for its TEMPO default management software.
“We look forward to having the ISGN clients and team members join our broader Sagent community. Together we will remain focused on providing a superior borrower experience and lowering the total cost of servicing,” said Bret Leech, chief executive officer of Sagent Lending Technologies. “Clients and borrowers expect real-time engagement and access to their data. Like Sagent, ISGN built its offerings to meet these expectations and together we will move forward with an inclusive and comprehensive servicing solution.”