Flagstar Bank has hired Jason Lee to lead Flagstar's Secondary Marketing and Capital Markets operations. Lee brings to Flagstar more than 20 years of experience in the mortgage industry. As Executive Vice President and Head of Secondary Marketing and Capital Markets for Flagstar, he will be responsible for all secondary marketing activities, including trading, hedging, marketing of residential mortgage-backed securities, pricing, margin management and loan delivery.
"Jason has a proven record in a business that increasingly places a high value on successful execution," said James K. Ciroli, Chief Financial Officer at Flagstar. "He's a strong addition to an already solid team of mortgage professionals at Flagstar, and we're excited to attract someone with his depth of talent and experience to lead us to succeed in this important function."