Rocket Mortgage has made an equity investment in Sagent, a Warburg Pincus-backed mortgage servicing technology company, and established an ongoing commercial partnership. Sagent is developing the first cloud-native, end-to-end mortgage servicing system. Rocket Mortgage is a subsidiary of Detroit-based Rocket Companies, a fintech platform encompassing mortgage, real estate, title and personal finance businesses. Financial terms of the investment were not disclosed. Paul, Weiss advised Rocket Mortgage on the transaction.

Click n' Close, a private mortgage provider and the nation's largest originator of home loans to Native Americans, will deploy Dara by Sagent to power its core, consumer and default servicing operations beginning in 2026. Dara is the first end-to-end, cloud-native servicing platform with real-time functionality for the $14 trillion US mortgage industry. Click n' Close has used Sagent's existing platforms since 2019 to service its portfolio in-house. The move reflects growing momentum for Sagent's incremental Dara rollout that began in 2025. A benchmark study shows potential for servicers to reduce operational costs by up to 40% with full Dara deployments. The platform unifies the entire mortgage servicing lifecycle, offering real-time data, seamless integrations and configurable workflows whilst ensuring continuous compliance.

Sagent, a mortgage servicing technology provider, has appointed Sridhar Sharma as president, effective immediately. Sharma will lead the company's global team and work with mortgage servicers to accelerate adoption of Dara, Sagent's end-to-end mortgage platform built for the $14 trillion US mortgage industry. Sharma previously served as chief innovation and digital officer at Mr Cooper from 2015 until its 2025 sale to Rocket Companies, during which time the firm became America's largest mortgage servicer. In his new role, he will oversee day-to-day operations, product development, technology and customer engagement. The Dara platform features agentic automation, built-in compliance and simplified user experiences across the loan servicing lifecycle. Sagent is backed by Warburg Pincus.