The new exec brings experience in servicing as well as default and loss mitigation
LoanCare has added Michael Blair to its executive team as chief administrative officer.
In his new role, Blair will work to improve the company’s technology and infrastructure capabilities. Additionally, he will manage the onboarding of new clients and servicing portfolios.
Blair brings 30 years of extensive knowledge in global customer service and servicing platforms to the role. Most recently, he served as chief operating officer at mortgage servicing provider Cenlar. He was also responsible for the strategic direction of subservicing technology platforms at other mortgage firms.
"Expanding LoanCare's executive leadership team to include a chief administrative officer is critical to increasing our capabilities," said LoanCare President Dave Worrall. "I'm pleased to welcome Michael aboard. He brings to the company strong leadership with a wealth of servicing experience that will prove invaluable."
"I'm excited to join a company that continues to invest in the business with a focus on sustainable growth," Blair said. "It's an exciting time to be a part of this team, and I look forward to contributing to our continued success."