Comergence, the award winning risk management firm specializing in mortgage originator due diligence and surveillance, proudly announces and welcomes its newest client Sagamore Home Mortgage. The new partnership will facilitate Sagamore’s wholesale channel for third party originator due diligence and oversight.
Sagamore’s retail business currently services markets across the Eastern, Southern and Midwest United States with immediate plans to expand by supplementing their retail operations with a new wholesale channel. By choosing Comergence, Sagamore can concentrate on their broker recruitment strategies guided by powerful data intelligence accessible in the platform including; accurate license data and loan production volumes.
Mark Maloney, Sagamore’s Executive Vice President of Production said “With a strong retail presence already in play, we felt opening a wholesale division would support our expansion goals in existing markets. Maloney continued, “Using the Comergence technology will enable a quick ramp up time as we seek to gain a strong broker partner base.”
Comergence President, Greg Schroeder stated, “Given Sagamore’s acumen on the retail side of the business, adopting our system will help them achieve the same level of service when establishing their client base with absolute assurance that their compliance expectations will be met.” said Greg Schroeder, President, Comergence.
Equally important to the Sagamore wholesale team was that Comergence already has 98% of third party originators registered as system users, making the application process with Sagamore a familiar one.