Bart Bailey, VP of Product Management at Sagent, is an industry veteran with nearly 30 years of experience in driving innovation. Joining Sagent in 2023, he engrained himself within the tech and engineering teams to deliver the future of servicing for the industry — a platform called Dara. With a background leading company operations while working directly with vendors, Bailey had a clear vision of what the industry needed. He jumped headfirst into building Dara Loss Mitigation, ensuring it was ready for launch in early 2024.
Dara — the first mortgage software platform to unify all data and user experiences for servicers and homeowners across the entire servicing life cycle — is comprised of six core tenets. One of these, Dara Default, addresses the challenges of servicing for non-performing mortgages. Automation and real-time data are at the heart of Dara Loss Mitigation, increasing efficiencies for both servicers and homeowners.
Bailey recognized how homeowners were used to an all-digital experience throughout the origination process, but once they arrived at servicing, everything was antiquated and disjointed. With Dara, homeowners have transparency throughout the process, all files are digitized, and friction for consumers is decreased. Bailey is hyper-focused on enhancing the user experience, believing the best platforms and products should know what the user is looking for.
For Bailey, the key to moving America’s servicing industry forward is the broad implementation of technology tools, such as AI and real-time data, so he embedded these tools into Dara Loss Mitigation. He knows that they are crucial components to keeping borrowers in their homes while also ensuring servicers are trusted partners throughout challenging times.
Name:
Bart Bailey
Title:
VP, Product Management
Company Name:
Sagent
