Sagent, a Warburg Pincus-backed fintech firm, on Thursday announced the launch of its Dara Attorney Portal to enhance efficiency between servicers and their attorney partners.
The launch this week builds upon the original launch of Sagent’s mortgage software platform, Dara, in February 2024 at the MBA servicing conference.
Since the 2024 conference, parts of Dara — the default, consumer and AI components — have been in full production and operation.
Now, the Dara Attorney Portal marks the latest addition to Dara Default, integrating law firms and mortgage servicers and allowing attorneys to manage foreclosure and default processes in a shared interface with real-time data, document management and messaging.
Sagent says the portal, which is now available to attorneys who represent Sagent clients, allows servicers to reduce costs and improve customer experience during the default lifecycle.
“The Dara Attorney Portal reflects Sagent’s commitment to maximize operational efficiency for all mortgage servicing stakeholders,” said Perry Hilzendeger, EVP of strategic growth at Sagent. “By providing attorneys with a centralized platform for case management, Dara delivers faster solutions for servicers, attorneys, and homeowners.”
Key features of the Dara Attorney Portal include a unified login that consolidates client management into a single login, an enhanced dashboard that offers a view of cases, messages, events, and tasks, document management and automated workflows.
The portal is also built for API, Sagent confirmed, allowing attorneys and law firms to connect to their systems directly or through an integration partner to perfectly suit their workflow.
The company also said the portal supports real-time data access, enabling attorneys to access real-time information directly from the servicing system of record, LoanServ (and soon, Dara Core), reducing the need for back-and-forth communication with servicers.
Sagent recently picked up a big mortgage servicing client when Rocket Companies announced it would transition its 2.8 million loan portfolio from ICE Mortgage Technology‘s MSP as part of its pending acquisition of Mr. Cooper. Mr. Cooper owns a 20% stake in Sagent.
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