Abrigo restores most of Sageworks after October 30th shutdown over irregular activity
The lending platform Brian Hamilton and Sarah Tourville founded in 1998 went offline October 30th, and borrower-facing tools were still down on November 2nd.
By RuntimeWire Staff · Published
Primary source: BleepingComputer
Why it matters
Sageworks sits inside loan origination, credit risk, and portfolio monitoring for community banks and credit unions. When Abrigo pulled Sageworks offline, lenders lost shared infrastructure for borrower work, and the still-missing borrower-facing tools show the recovery remained incomplete on November 2nd.
Borrower-facing tools stayed offline on November 2nd after Abrigo brought back most of Sageworks, the lending and risk platform Brian Hamilton and Sarah Tourville founded in Raleigh, North Carolina, in 1998.…
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