Home >> Daily Dose >> Flagstar Names Jim Linnane President of Distributed Retail Mortgage
Print This Post Print This Post

Flagstar Names Jim Linnane President of Distributed Retail Mortgage

Flagstar Bank has named Jim Linnane President of Flagstar's Distributed Retail Mortgage division. In this role, he will be responsible for strategy, profitability, sales, growth, recruitment, and operations of Flagstar's distributed retail mortgage business.

"Jim is an industry veteran who has extensive experience running distributed retail operations, both in a bank and non-bank environment," said Lee Smith, President of Mortgage for Flagstar. "He's a results-oriented team-builder with a demonstrated ability to grow people and organizations. We're excited to have him on board and look for positive developments with Jim at the helm of Flagstar's distributed retail operation."

Linnane’s experience in the business is broad, including mortgage origination, marketing, underwriting, construction lending, home equity products and wholesale financing.

Prior to Flagstar, Linnane served as retail president for Stearns Lending. Earlier in his career, he was director of national sales at Guaranteed Rate. He started in the business at Wells Fargo, where he spent 15 years, ultimately leading 2,000 loan officers to $30 billion of production volume in the Midwest and Northeast.

A results-oriented executive with extensive experience in mortgage origination, Lianne has expertise in marketing, and underwriting in consumer lending, wholesale financing, real estate finance, construction loans, business to business lending, and home equity lines of sales.

About Author: Demetria Lester

Demetria C. Lester is a reporter for DS News and MReport, with more than six years of writing experience. She has served as Editor-in-Chief at Northlake College and staff writer at her alma mater, the University of Texas at Arlington. She has covered events such as the Byron Nelson, Pac-12 Conferences, the Women in Dallas Film Festival, to freelance work with the Dallas Wings and D Magazine. Currently located in Dallas, Texas, she is an avid jazz lover and reader. She can be reached at demetria.lester@thefivestar.com.

Check Also

Home Price Appreciation Projected to Slow by May 2023

New research from CoreLogic revealed year-over-year home price growth dropped slightly from April but still posted an estimated 20% increase in May. Meanwhile, experts project annual U.S. home price appreciation to slow next year, but by how much?

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.