Former Mr. Cooper Exec Joins Sagent As CFO

Former Mr. Cooper exec Jaime Gow joined fintech Sagent as its Chief Financial Officer.
Gow brings decades of financial services and banking industry experience to the position. In his new role, he will oversee financial operations and strategic planning and help grow Sagent’s market share in the mortgage servicing industry.
He previously served as CFO of Mr. Cooper, the largest mortgage servicer in the U.S. Prior to that he was the head of banking finance at First Horizon Bank.
“Jaime has led at companies ranging from de novo banks, to leading regional banks, to industry leaders such as Mr. Cooper,” said Sagent CEO Geno Paluso. “Jaime knows every detail that mortgage servicers need to win, and he’ll make Sagent a stronger-than-ever strategic partner to our customers and prospects.”
Sagent is pushing its Dara platform, launched in February of this year. It’s billed as the only platform powering the entire mortgage servicing ecosystem, including Core, Consumer, Default, Loan Movement, Data, and AI.
The company says Dara users can lower their cost-per-loan by up to 40%.
“Cost and operational efficiency are the keys to success in mortgage servicing, and no other software platform in today’s market brings more efficiencies than Sagent,” Gow said.
“Sagent’s new Dara platform can lower servicer operational costs across all mortgage servicing areas (like boarding, cash processing, escrows, call center, loss mitigation, and claims), and a big part of my job is to help our customers and prospects find and maximize these efficiencies in their own operations.”
Sagent is a mortgage servicing fintech backed by Warburg Pincus, one of the world’s leading private equity investors.
Earlier this year, it tapped a new CEO, Geno Paluso, a retired U.S. Navy captain who joined from BAE Systems, a $45 billion multinational aerospace and technology company.