Mortgage Executive Headed To Fintech Firm

Chris Marshall, outgoing president and vice chairman of Mr. Cooper Group, will take over as executive chairman at Sagent, a fintech software company focused on mortgage servicing. 

Marshall is not a stranger to Sagent, having joined its board of directors in 2022. 

"Mortgage servicing is the last and toughest mile of mortgage industry modernization, and Sagent’s technology, team, and industry expertise make it the best software partner for America’s servicers,” said Marshall. “Sagent’s new platform will streamline processes and dramatically lower operating costs for servicers, while significantly improving customer experience.”

Marshall will transition over by the end of January, but he will continue to lead efforts to raise capital for Mr. Cooper's first MSR fund. 

“With his extensive experience and proven track record of success, Chris will keep Sagent in the lead on innovating the lending and homeownership experience for America’s top mortgage players,” Sagent CEO Dan Sogorka said in a press release. “With Chris’ leadership, Sagent will enable servicers to realize their vision of a single data and user experience across their entire operations.”