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Hirings/Promotions

Radian Appoints Sumita Pandit SVP and CFO

Replacing J. Franklin Hall as CFO, Pandit will be responsible for Radian’s financial functions, reporting, planning and analysis, enterprise capital planning, investment portfolio management, and investor relations.

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Mr. Cooper Group to Acquire Home Point Capital

In a deal for $324 million in cash, the acquisition of Home Point’s $84 billion servicing portfolio is expected to contribute to Mr. Cooper’s return on equity, with estimated 10% accretion to operating earnings within the first year.

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Sagent Opens Operations in India

Mortgage servicing fintech provider adds 120-plus members to its workforce by launching its non-U.S. headquarters in Chennai, India, following agreement with Mr. Cooper.

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