Michael L. Sawyer

MICHAEL L. SAWYER is Chief Executive Officer and a Director of Saxon
Capital, Inc. He has served as Saxon Mortgage’s President since December
1998. Before being named President, Mr. Sawyer had served as a Director
and Senior Vice President of Underwriting since 1995. Before joining
Saxon, Mr. Sawyer served as Vice President and Director of Conduit
Funding for Household Financial Services. From 1993 until 1994, Mr.
Sawyer was General Manager and Director of Correspondent Lending for
Novus Financial Corporation. From 1985 until 1993, Mr. Sawyer held
various managerial positions for Ford Consumer Finance, including
Regional Underwriting Manager and Manager of Operations. Mr. Sawyer
received his Bachelor’s degree in Liberal Arts from the University of
Illinois, and received his Master’s of Business Administration from the
University of California, Irvine.