Mr. cooper completes agreement with sagent to create the mortgage industry's first cloud-native servicing platform

Dallas--(business wire)--mr. cooper group inc. (“mr. cooper”) announced today that it has completed its previously-announced agreement with sagent m&c, llc, d/b/a sagent lending technologies (“sagent”). under the terms of this transaction, sagent purchased certain intellectual property rights related to mr. cooper's proprietary, cloud-based technology platform for mortgage servicing, and mr. cooper has received an equity stake in sagent and appointed two directors to sagent's board. this ag
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