"This partnership between Sagent and IHFA is a breakthrough in how technology can help address America's home affordability crisis, said Geno Paluso, CEO of Sagent. By automating claims to reduce operational costs, Dara Claims helps IHFA recover more servicing expenses and reinvest in affordable housing programs. Helping servicers support successful homeownership is what Dara by Sagent is all about. The first-to-market implementation of Dara Claims allows IHFA to process claims within its existing servicing system,"
"handle a wide range of claim types and connect to a variety of investors, said Chuck Kracht, executive vice president of IHFA. Dara by Sagent's Claims capabilities and configurability let us move away from manual claims processing, reducing the cost and time to process each claim and recovering more of our expenses than ever. We can then put that savings back into the programs that enable housing opportunities in Idaho and the other state agencies we serve."
Sagent and the Idaho Housing and Finance Association implemented Dara Claims to automate claims processing and lower operational costs. The solution helps IHFA recover more servicing expenses and reinvest savings into affordable housing programs. Dara Claims integrates with existing servicing systems, connects to investors, and supports multiple claim types. Dara by Sagent consolidates loan management functions such as payments, transfers, hardship assistance, and compliance into one platform. The platform reduces manual processing, shortens claim processing time, lowers costs per claim, helps reduce loan losses, and improves compliance, enabling more funds to support housing opportunities in Idaho and partner agencies.
Read at www.housingwire.com
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