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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. 

“We are so pleased to have someone with John’s track record and experience lead our third party originations team,” said Kristy Fercho, President of Mortgage for Flagstar. “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.” 

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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