Don Bleuenstein and Jens Lovell have joined Flagstar Bancorp Inc. as sales director of the home lending eastern U.S. division and sales director of the home lending western U.S. division, respectively.
In these new positions, Bleuenstein will focus on expanding Flagstar’s retail mortgage footprint throughout the eastern states and Lovell will lead the company’s retail production drive throughout the western states.
As part of its expansion, Flagstar has opened 12 new home loan centers in 10 states, bringing the total in its two regions to 26 retail home loan centers in 19 centers, with more in the pipeline.
“It’s been part of our business plan to meaningfully expand our retail originations channel as an enhancement to our market-leading third-party origination platform,” says Alessandro DiNello, president and CEO of Flagstar Bank. “That’s now happening with new leadership of our production team and the broadening of our retail geographic footprint.”