Lutin to take over as Flagstar’s top wholesale mortgage sales executive

Flagstar Bank has announced that industry veteran Dave Bowers, executive vice president and national sales manager, has decided to return to his hometown of Atlanta to manage Flagstar's new South region. Bowers' successor is longtime sales manager Gregory Lutin, who has been with Flagstar since 1994, serving in several management positions, most recently as senior vice president of the South division. Lutin will become executive vice president and national sales manager, and will relocate to Flagstar's headquarters in Troy, Mich.

Other changes at Flagstar include the reconfiguration of 12 sales regions into eight. In addition to Bowers heading up the South region, Tim Kalaris is now managing the Northeast region; Linda Bissell remains as head of the Great Lakes region; Paul Wyner is now in charge of the North Central region; Rich Hoffman remains as regional manager of the Sunshine region; Rob Mally will oversee the Pacific Southwest region; and Mike Fowler and Kurt Mason are new managers of the Mountain and Northwest regions, respectively.

The changes will be effective May 1, 2009.

For more information, visit www.wholesale.flagstar.com.