While many are focused on next week's MBA Servicing Conference (including us, come say "Hi 👋" at booth 207), Team Sagent been staying focused on bringing you relevant content. Find out more below.
Invitation to Respond: Initial Requirements Document
We welcome your feedback on the below design. Discussion period closes February 5, 2025. Visit theclient websiteat Discussions >Requirement Documents >Open Requirement Doc Discussions.
Check out updates made to the following designs. Note, the comment period is closed. You can find details on theclient website at Discussions>Project Designs>Closed Design Discussions.
In the LoanServ March release, a correction (DT925656) will be made to the Analysis/Project Screen
Previous Behavior: an error occurred when the user entered “2” in the Page field and clicked Submit
Updated Behavior: when users click the Return tab while on Analysis/Project Page 3 > Analysis/Project Page 1 will display
Want to navigate to Analysis/Project Page 2? Use the Previous Screen tab or enter “2” in Page field and click Submit.
Call to Action: Review and update any script(s) that are using the Analysis/Project screen pages. For more details, please see the client website under the March 2025 release.
Déjà vu: Announcements Please see the below announcements from last week's WIRE. They are so important that we wanted to highlight them again.
FHA Mortgage Letter (ML) 2025-06:
Our Product, Compliance, and Development teams are reviewing the ML issued on January 16, 2025 and are working collectively to determine the scope of changes to Sagent solutions, including LoanServ, Dara Loss Mit and Dara Claims.
There is no need to open a case. Updates will be provided as we estimate the effort needed to modify our systems accordingly.
These changes go into effect on February 2, 2026.
GNMA Monthly Payment Default Status (PDS) Reporting Update:
To align with GNMAs expectation of receiving the monthly RFS file prior to the PDS file, we are updating the timing of the monthly GNMA PDS file.
Beginning in February for January month end reporting, the GNMA PDS file (PM-400.827) will be set up to run after 9 AM eastern.
This update will provide a three-hour transmission interval between the RFS file (PM-400.532) and the PDS file solving the timing issue that was reported with last month’s files.
