Livegage, a provider of AI-driven technology for mortgage servicing based in Holmdel, N.J., has appointed Michael Blair its chief operating officer.
A seasoned executive with decades of leadership experience in mortgage servicing and capital markets, Blair brings operational expertise and a “dual-market perspective that defines the Livegage team,” the company noted.
Blair pointed to Livegage’s use of AI to accelerate processes in mortgage servicing. "Livegage is a team of people who deeply understand the real operational pain points in servicing — because they've lived them,” he stated in a release. “They're building tools that genuinely deliver transformation."
In this new position, Blair will oversee operational strategy, product development, and client engagement initiatives as Livegage seeks to push toward its next stage of growth. Blair’s relationships and depth of understanding in mortgage servicing and capital markets, along with his ability to identify and address product gaps in legacy technology, “are unmatched” and will strengthen the company's position as a trusted partner, according to Livegage.
Blair’s overarching goal as COO, according to the company, will be to help Livegage leverage AI “to exponentially reduce the cost of servicing.” He’ll oversee the company’s Mortgage Servicer and Mortgage Investor product suites, since he understands both those segments, noted Anupam Sarwaikar, CEO of Livegage.
With more than three decades of mortgage industry experience, Blair has garnered expertise in servicing, default, and loss mitigation. Most recently, he was COO at mortgage subservicer LoanCare, where he led strategic technology initiatives and built an operations organization known for delivering results.
Blair has also held executive roles at Cenlar, a wholesale bank and mortgage subservicer, and regional bank KeyBank, where he worked to drive transformation and performance.
