Michael Blair has recently been named chief operating officer of Livegage, the Holmdel company announced Tuesday.
With Livegage, Blair will be responsible for overseeing operational strategy, product development and client engagement initiatives.
Blair brings over 30 years of experience in the mortgage industry with thorough knowledge of servicing, default and loss mitigation. He also has an in-depth understanding of mortgage servicing and the capital markets, along with the ability to identify and address product gaps in legacy technology, He most recently served as COO at Loancare, and had previous stops at Cenlar and KeyBank.
Livegage CEO Anupam Sarwaikar further explained his role.
“Mike will play an instrumental role in helping Livegage realize its vision of revolutionizing mortgage servicing by leveraging AI to exponentially reduce the cost of servicing,” he said. “As COO, Mike will oversee the Mortgage Servicer and Mortgage Investor product suites, since he understands the challenges faced by both servicers and investors and has spent years bridging the gap between them while running large mortgage servicers as a hands-on operator.”
“Mike will lead our customer outreach and help us establish a Center of Excellence for implementation and product rollouts, enabling our clients to realize the full potential of our innovative solutions. We are thrilled to have him aboard.”
Blair further explained his excitement with Livegage.
“I connected with the Livegage team and saw what they were building, leveraging AI, and how it could fundamentally change the economics of servicing,” he said. “Livegage is a team of people who deeply understand the real operational pain points in servicing because they’ve lived them. They’re building tools that genuinely deliver transformation in the mortgage industry.”
