As chief technology officer at Sagent, Uday Devalla pushes the industry forward as lead architect of the servicing space’s first and only cloud-native software platform that powers entire performing and non-performing loan servicing lifecycles for servicers, consumers, investors and regulators. An industry stalwart and longtime insider, Devalla has remained at the forefront of every innovation milestone — from building the first automated underwriting system at Countrywide to making the digital mortgage a reality at Blackstone-owned Stearns and top fintech SoFi. Today, Devalla relentlessly drives execution across Sagent’s global, 500+ person technology team.
Over the last 12 months, Devalla has remained singularly focused on his servicing customer while accelerating Sagent’s mortgage fintech roadmap and development of the servicing fintech leader’s cloud-native, open-API servicing platforms. Under his leadership, Sagent reached over $2 trillion in outstanding mortgage balances this year. The milestone is a testament to the wider industry’s need for servicing operations excellence aligned with cost control, optionality and real-time policymaking. Over the last year, Devalla led the full integration of over 120 fintech professionals onto the Sagent team as part of the firm’s partnership deal with America’s third largest servicer, Mr. Cooper. Devalla ensures his new team members understand how a unified product and engineering organization can iterate and execute rapidly based on customer feedback, market factors and the introduction of new technologies.
What’s the secret to your success?
I often return to one quote that resonates especially well in the servicing space: “True innovation is making wildly complex things simple for the masses.”
Name:
Uday Devalla
Title:
Chief Technology Officer
Company Name:
Sagent
