US based banking service provider Flagstar Bank popularly known for its mortgage services recently revealed via an announcement that it has made a new addition to its leadership team. As per the statement issued by the firm, it has hired Mr. John Gibson to serve as it National Mortgage Sales Director and head of third party organisations division. John is a industry veteran with extensive knowledge on Mortgage and sales operations given his twenty-five years of experience handling wholesale and retail lending for various banking and financial service providers. The move was made public earlier this week via a post in the firm’s official LinkedIn profile and an official PR update which stated he has taken up his new role at the firm. However, the changes are yet to reflect in John’s LinkedIn profile. In his new role as head of third party organisations and director of sales for national mortgage, he is responsible for the strategic direction, growth and profitability of Flagstar’s broker and correspondent channels.
As per data from John’s LinkedIn profile, the incoming head of TPO has been serving in Texas based home loan provider Caliber Home Loans, Inc for nearly 8 years. John joined Caliber Home Loans as Regional VP of Sales for the North East and Mid Atlantic area and was promoted thrice during his tenure at the firm. At time of resigning from the firm, he had been serving in role of Executive Vice President of Wholesale Lending Production division for nearly 14 months. Prior to Caliber, John served as Regional VP of Sales at Walker Jackson Mortgage Corporation and sales manager for lifetime financial partners for brief period of time. Before that he spent nearly 14 years serving in Wachovia, A Wells Fargo Company where he started out as Retail and Wholesale Mortgage Consultant post graduating with a bachelor’s degree in Finance from Drexel University’s college of business and administration.
During his time at the firm he was promoted four times and served in capacity of General Manager/SVP at time of resignation from the firm. Commenting on John’s appointment at the firm, Kristy Fercho, president of Mortgage for Flagstar said, “We are so pleased to have someone with John’s track record and experience lead our third party originations team. He knows the business, he’s a proven leader, and he has experience operating a wholesale lending channel in a bank environment. He’s a great addition to this important business line for Flagstar”. Speaking on same note, another spokesperson of the firm said, “We are excited to announce that John Gibson has joined the Flagstar Bank team as the new head of Third Party Originations. John’s expertise and knowledge of all things TPO will help provide excellent new insights and innovations for our TPO customers and Flagstar employees”.