Figure & Sagent: Team on mortgage servicing
- Figure is transforming financial services through blockchain bringing speed, efficiency and savings to both consumers and institutions
- Sagent modernizes the lending and homeownership experience for loan servicers and millions of consumers
- Announced two major strategic deals with digital lending and payments disruptor
- Sagent will power mortgage servicing as it aggressively grows mortgage market share
- Also begin bringing scale mortgage assets onto the Provenance Blockchain to reduce mortgage industry costs
- The deal follows $200m series D fundraise and announced merger with $25 billion/year mortgage originator Homebridge
