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Author name: Ricky Vasquez

From policy to practice: AI in the mortgage industry

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AI isn’t the biggest risk to mortgage lending right now. Policy misunderstanding is. While lenders across the country are moving quickly to implement artificial intelligence responsibly, state legislators are moving just as quickly to regulate it. And when policy moves faster than the policymakers’ understanding, unintended consequences follow. As former Cisco CEO John Chambers recently […]

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Sridhar Sharma is the president of Sagent

Mr. Cooper exec jumps to Sagent for AI rollout

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Mortgage servicing technology provider Sagent has hired another former Mr. Cooper executive to a leading role, naming Sridhar Sharma as president. Processing Content Sridhar Sharma, formerly chief innovation and digital officer at Mr. Cooper, is the new president of Sagent. Sharma joins Chris Marshall, the former Mr. Cooper president who became Sagent’s executive chairman in

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Judge denies motion to halt racial equity mortgage program

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A federal district court in Washington State denied a claim for a preliminary injunction in a lawsuit to halt a special-purpose credit program aimed at addressing racial disparities in homeownership rates  Processing Content Nonprofit advocacy group Foundation Against Intolerance and Racism first filed suit in late 2024 against the Washington State Housing Finance Commission. Founded

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