Sagent, a joint venture of Fiserv Inc. and Warburg Pincus that focuses on financial services technology, says it has signed a five-year partnership extension with North Carolina-headquartered First Citizens Bank for the use of its loan servicing platform.
The bank, which has $49 billion in assets, offers personal, business and commercial banking services through more than 500 branches in 19 states. First Citizens’ mortgage servicing operations built around Sagent’s LoanServ and CARE technologies.
“Sagent’s consumer-first approach to mortgage