Jaime Gow Joins Sagent As CFO After Helping Mr. Cooper Become Largest U.S. Mortgage Servicer
July 18 2024 - 9:06AM
Business Wire
Gow to profitably grow Sagent mortgage
servicing software market share in $14 trillion sector
Sagent, a fintech company modernizing mortgage and consumer loan
servicing for America’s top banks and lenders, today appointed bank
and nonbank finance executive Jaime Gow as Chief Financial Officer.
Previously, Gow served as CFO of America’s largest mortgage
servicer, Mr. Cooper, and as 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.”
As Sagent CFO, Gow will oversee financial operations; lead
strategic planning and dealmaking with customers; ensure long-term
investment in Sagent’s Dara, LoanServ, CARE, Tempo, Loanboard, and
Datascape platforms; and help accelerate Sagent’s profitable market
share growth in America’s $14 trillion mortgage servicing
sector.
“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,” said new Sagent CFO
Jaime Gow. “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.”
Launched in February 2024, Dara by Sagent is the first and only
platform that powers the entire mortgage servicing ecosystem —
Core, Consumer, Default, Loan Movement, Data, and AI – in a single
root system. Dara by Sagent addresses the top five priorities
for servicers: lower cost, real-time compliance, world-class
consumer experience, open-API ecosystem, and unified data/user
experience.
“Jaime’s finance and accounting skills are second to none, as is
his innate ability to just get things done,” said Sagent executive
chairman Chris Marshall. “Prior to his leadership role at Mr.
Cooper, Jaime joined Capital Bank as chief accounting officer
during its early de novo stage, where they acquired and integrated
eight banks, completed an IPO, and sold Capital Bank to First
Horizon National Corporation for $2.2 billion.
Gow will work out of Sagent’s largest U.S. tech hub in Dallas,
Texas, where he resides with his family.
About Sagent
Sagent powers America’s top bank and nonbank lenders to engage,
care for, retain, and modernize the homeownership experience for
millions of borrowers. Servicers use our flexible, scalable, and
configurable solutions to engage borrowers and earn customer
loyalty, lower servicing costs, ensure compliance, and increase the
value of servicing rights throughout full market cycles. Sagent is
backed by Warburg Pincus, one of the world’s leading private equity
investors, and powers trillions in outstanding mortgage servicing
for its customers. Visit www.sagent.com to learn more.
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Press Contact for Sagent: RobVan Raaphorst Rational360
202-802-6227 robvanraaphorst@rational360.com