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Eye on the Industry: Flagstar Bank Announces Executive Changes

 

 

John Gibson

Flagstar Bank has named John Gibson National Sales Director for its Third Party Originations Division. In this position, he is responsible for the strategic direction, growth, and profitability of Flagstar’s broker and correspondent channels. 

Gibson brings to Flagstar more than 25 years’ experience in the mortgage industry, covering both wholesale and retail lending, as well as hiring, training, origination, and servicing. 

Prior to joining Flagstar, he was with Caliber Home Loans, Inc., for eight years, most recently as EVP of Wholesale Lending Production. He started his career and spent 14 years at Wachovia, a Wells Fargo company, leading mortgage sales and strategy on both the wholesale and retail sides. 

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Potestivo & Associates, P.C., a legal services provider to the default servicing industry, has been selected for the seventh year in a row as one of “The Best and Brightest Companies to Work For” in the Metro Detroit area for the 2019 state-wide competition. 

The firm will be honored at an upcoming ceremony, where a representative from the firm will accept the award.

“We are very proud to once again be named among the Best & Brightest Companies. It is truly an honor to be the recipient of this award for the seventh year in a row. This award recognizes the high standard that we set for ourselves, to create and maintain a positive work environment,” President and Managing Attorney, Brian Potestivo.

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DocMagic, Inc., a provider of fully-compliant loan document preparation, regulatory compliance, and comprehensive eMortgage services, announced the launch of its new LoanMagic mobile application. 

LoanMagic, which is provided free to all DocMagic customers, leverages a powerful backend platform that provides full interoperability with DocMagic solutions, as well as other third party mortgage software.

“Bringing mobile functionality to borrowers and enabling lenders to connect with their customers is the end goal of most mobile applications in our industry—but at DocMagic, it is just the beginning,” says Dominic Iannitti, President and CEO of DocMagic. “LoanMagic isn’t an add-on. It’s a fully interoperable technology that fills a critical gap in the digital mortgage process. It is just as powerful as any of our flagship and award-winning technology.”

About Author: Mike Albanese

A graduate of the University of Alabama, Mike Albanese has worked for news publications since 2011 in Texas and Colorado. He has built a portfolio of more than 1,000 articles, covering city government, police and crime, business, sports, and is experienced in crafting engaging features and enterprise pieces. He spent time as the sports editor for the "Pilot Point Post-Signal," and has covered the DFW Metroplex for several years. He has also assisted with sports coverage and editing duties with the "Dallas Morning News" and "Denton Record-Chronicle" over the past several years.
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