Sagent and Consolidated Analytics team up to streamline order management and automate the review process for default repairers

KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–Wise, a fintech company modernizing the mortgage and consumer loan department for major U.S. banks and lenders, today announced a partnership with Consolidated Analytics to automate valuation services for the default department through a integration into TEMPOSagent’s default management platform.

The partnership was recently announced at IGNITE, Sagent’s annual user summit. The Consolidated Analytics team showcased the fastest, most accurate and efficient automated supplier detailing workflow with automated rules ensuring the right product is ordered at the right time.

“This partnership allows TEMPO users to work with Consolidated Analytics through a streamlined workflow that creates efficiencies in the assessment process and ultimately reduces costs for our clients” , said Chris McLain, president of the Valuations division at Consolidated Analytics. “This integration enables order placement and delivery in partnership with real-time communication and automated tracking throughout the review process.”

Already, the integration is proving successful with the first customer addition, Carrington Mortgage Services, realizing immediate gains by moving from a manual valuation management process to the automated efficiency provided by TEMPO.

“Carrington Mortgage Services is delighted to partner with Sagent and Consolidated Analytics to implement this new module within the TEMPO system,” said Tom Croft, SVP, Default Management for Carrington Mortgage Services. “We believe this will provide us with much-needed automation and controls over our vendor services ordering processes.”

Here’s how it works:

● Bulk order placement can be done at the touch of a button, with your integrated supplier partner. No more spreadsheets or manual tracking of order confirmations and cancellations.

● Truly real-time updates with the ability to send critical information securely while minimizing the data management risks of transferring data from one system to another.

● Automated orders are placed when you need them and updated to TEMPO as soon as they are completed. This minimizes email communication for better security with full documentation with system notes and automated audit trails.

● When supplier orders are completed and fulfilled, results are automatically returned, documents saved and filed, and data updated in TEMPO.

“Sagent powers supplier order management automation with meticulous documentation and two-way data sharing to ensure departments receive the right supplier orders, when they need them,” said David Doyle, Sagent. EVP of Sales and Business Development.

“We are delighted to partner with Consolidated Analytics to help drive more efficient and streamlined order management for Carrington Mortgage Services and ultimately reduce vendor management risk.

As corporate record systems, Sagent’s platforms ensure the real-time security and compliance of America’s largest financial institutions with real-time policymaking in today’s housing market. Sagent’s product, engineering, and policy teams build platforms that keep servicers, homeowners, and America’s housing system safe.

Sagent enables leading US bank and non-bank lenders to engage, support and retain 14 million borrowers and growing. This is the latest in a series of new and renewal customer announcements from Sagent, including most recently Fairstone Financial, Clearview Federal Credit Union, Liberty Mortgage, Mr. Cooper, and Gateway First Bank.

About Sagent

Sagent enables leading US bank and non-bank lenders to engage, care for, retain and modernize the homeownership experience for millions of borrowers. Service agents use our flexible, scalable, and configurable solutions to engage borrowers and build customer loyalty, reduce service costs, ensure compliance, and increase the value of service entitlements throughout full market cycles. Sagent is backed by Warburg Pincus, one of the world’s leading private equity investors, and powers trillions in exceptional mortgage services for its clients. Visit www.sagent.com to learn more.

About Carrington Mortgage Services

Founded in 2007, Carrington Mortgage Services, LLC (“Carrington”, “CMS”) is a subsidiary of Carrington Holding Company, LLC (“CHC”), a holding company whose core businesses operate in sync with each other to provide a wide range of real estate services encompassing nearly every aspect of single family residential real estate transactions in the United States. California-based CMS operates three Lending Service Centers that together provide borrowers and investors with an integrated lifecycle mortgage servicing service.

Our mission is to provide exceptional customer service to our borrowers and investors. We create value for borrowers and investors by preserving homeownership through programs that support our borrowers and their ability to stay in their homes.

About consolidated analysis

Consolidated Analytics (consolidationanalytics.com) provides the real estate finance industry with an end-to-end mortgage services platform that delivers value to its clients, from asset-level analytics to enterprise-wide optimization. By harnessing the power of data and technology – and tapping into the expert knowledge of our multidisciplinary team – we help forward-thinking companies unlock quality, efficiency and performance in lending and operations.

Consolidated Analytics serves mortgage, service, and capital markets clients with due diligence, valuation, advisory and consulting, and business process services (BPS) solutions.

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