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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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Cornerstone Launches Subervicing Division

In its mission to deliver service for the life of each loan and beyond, Cornerstone has established its mortgage subservicing business to empower smart homeownership and sustainable growth for its clients.

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Wells Fargo Stepping Back From Mortgage Market

Wells Fargo

Wells Fargo has announced the move to shrink its mortgage portfolio and close its correspondent business. Going forward, WF will now offer home loans to existing bank and wealth management customers and borrowers in minority communities.

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