Marianne Sullivan has been appointed to the role of chief operating officer at Sagent Technologies.
Sullivan comes to Sagent from Fannie Mae, where she was SVP Single-Family Business Solutions. She had joined Fannie Mae in 2007 and had joined Sagent’s board in September 2020 “to help architect our cloud-native software vision and multi-year execution plan,” said Sagent CEO Dan Sogorka in a statement.
Sullivan has led some of the biggest innovation milestones in mortgage and consumer finance.
At Fannie Mae, she led the creation and launch of two transformational initiatives: Collateral Underwriter®, which enables instant verification of home valuations; and Day 1 Certainty™, which enables the modern mortgage era with digital-native loan origination infrastructure and lender risk relief. As a Finicity board member, Sullivan helped grow the company, leading to its marquee sale to Mastercard while also enabling major strides in homeownership inclusion with automation of borrower cash flow data – including rental payment history – in lender credit decisioning.