In February 2024, Sagent, a Warburg Pincus-backed fintech firm, announced the launch of its mortgage software platform, Dara. A year later, HousingWire checked in with the Dara team about what lies ahead. “We previewed the Dara platform in February of 2024 at the MBA servicing conference,” said Perry Hilzendeger, Sagent’s executive vice president of servicing….
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The U.S. housing market underwent five years of changes that are complicating the homebuying process. Emerging from the pandemic, the chronic lack of inventory disrupted the principles of supply and demand, causing housing prices to soar. Because the Federal Reserve kept interest rates too low for too long during the pandemic, homebuyers are in a…
The debate on Clear Cooperation Policies (CCPs) continues, with the real estate industry almost unanimously rallying behind these supposedly virtuous rules. Meanwhile, anyone challenging the status quo may be branded as “self-serving” or “indifferent to consumers.” But let’s cut through the noise and examine what’s really going on. The essence of our industry’s defense of…
A couple had a longtime love of the state, which they apparently passed along to family and friends. When their vacation home began to feel cramped, they embarked on a major expansion.