Former Fannie exec to lead Flagstar lending unit

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Flagstar is the nation’s fifth largest bank mortgage originator. Prior to Flagstar, Fercho spent 15 years with Fannie Mae, ultimately serving as senior vice president, customer delivery executive, responsible for the end-to-end strategy and business performance of all single-family customers in the western United States, representing an acquisition volume of over $300 billion.

Contents Trims 2019 origination Revision. single-family mortgage Privately held mortgage companies Improved property values Mortgage bankers association. Multifamily debt outstanding. Continue Reading

Flagstar Bank has hired Kristy Fercho, previously senior vice president and customer delivery executive for Fannie Mae, to lead Flagstar’s mortgage business. Having served at Fannie Mae for 15 years, Fercho began her career as vice president of human resources, responsible for the company’s people strategy, talent acquisition, and cultural transformation.