New Sagent Partnership Enhances The Security Of Servicing Payments

Mortgage servicing fintech provider Sagent has announced a partnership with Verituity, a provider of intelligent, verified payouts solutions, where Verituity’s cloud-based payouts platform will be embedded into Sagent’s servicing solutions.

The new partnership will allow Sagent’s clients to deliver secure, verified payouts across key refund use cases, including annual escrow analysis refunds and loan payoff overages, directly to borrowers through the banks and rails of their choice. The solution also extends to supplier and vendor payments, ensuring that all disbursements are accurate, timely, and protected against fraud. By enabling digital payouts, servicers will minimize escheatment exposure and improve overall compliance by reducing the number of uncashed and returned checks.

“This partnership underscores the commitment shared by Sagent and Verituity to help mortgage servicers modernize payments, reduce costs, and offer an experience that homeowners enjoy,” said Perry Hilzendeger, executive vice president of strategic growth at Sagent. “Together, we’re enabling servicers to simplify tech stacks while giving consumers and suppliers the secure, digital payout optionality they now expect.”

Ben Turner, chief executive officer of Verituity, added: “Mortgage servicers have long struggled with the risks and inefficiencies of paper checks. Our partnership with Sagent gives servicers immediate access to intelligent, verified payouts 一 reducing fraud, lowering escheatment, ensuring compliance, and streamlining payouts for borrowers and suppliers alike.”