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Flagstar Hires Fourth Senior Mortgage, Banking Exec in Past 14 Months

[caption id="attachment_6748" align="alignleft" width="150"] Scott Bristol[/caption]

Flagstar Bank has hired its fourth senior mortgage and banking executive in a little more than a year.

The fourth, and most recent hire, was Scott Bristol as senior vice president and national production manager of its retail mortgage business. He brings to Flagstar more than 20 years of experience in the retail mortgage sector, most notably from New American Funding, where he was national sales manager. Also, he was president and national sales manager at Prime Lending, helping to grow the retail division to $15 billion from $2 billion.

In his new role, Bristol will work with Susan McHan, president of distributed retail for Flagstar, to create a growth strategy for retail, develop and execute a technology roadmap, and optimize its platform to support  loan officers in growing their business.

His experience and track record in retail mortgage sales and significant role he will play in driving the growth of the business were the reasons for his being hired, according to Kristy Fercho, president of Mortgage for Flagstar.

In July, Flagstar hired Jennifer Charters as executive vice president and chief information officer with responsibility for the strategic direction of the bank's IT organization, including the successful delivery of technology initiatives and management of IT operations. Previously, she was CIO of corporate technology at Ally Financial in Detroit, where she was responsible for internal technology solutions across the enterprise.

Also hired that month was Ryan Goldberg, as executive vice president and director of retail banking at Flagstar. His responsibilities include branch banking, consumer finance, national business banking, and investment and insurance Services. Most recently he served as executive vice president and head of priority banking and branch small business at Regions Bank in Birmingham, Ala.

In August 2017, Flagstar hired Kristy Fercho, previously senior vice president and customer delivery executive for Fannie Mae, to lead Flagstar's mortgage business. She was responsible for the customer delivery strategy and business performance of all customers in the western U.S., that delivered single-family home loans to the agency.

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