Flagstar Bank named Jim Linnane president of Flagstar's distributed retail mortgage division. In this role, he is responsible for strategy, profitability, sales, growth, recruitment and operations of Flagstar's distributed retail mortgage business. His experience in the business is broad and deep, 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.