Paul Borja is executive vice president and senior deputy general counsel of Flagstar Bank. He had served as executive vice president and chief financial officer from 2005 until assuming his current position in August 2014.

 

Prior to joining Flagstar, he worked with the banking industry for more than 20 years. He initially practiced for eight years as an audit and tax CPA with a Big Four accounting firm, as well as other accounting firms specializing in financial institutions. He also practiced for 15 years as a banking, corporate, tax, and securities attorney in Washington, D.C., where he assisted with or managed mergers and acquisitions of banks and thrifts, structured the corporate and tax aspects of mergers ranging in asset size from $50 million to $13 billion, managed initial public offerings and public and private secondary offerings of debt and equity, provided bank regulatory advice, assisted with accounting standard interpretations, and reviewed financial processes.

 

His board affiliations include past service on the board of directors of the Federal Home Loan Bank of Indianapolis and vice chairman of its finance committee.

Kristy Fercho joined Flagstar Bank in September 2017 as executive vice president and president of Mortgage. In this capacity, she is responsible for the direction and oversight of all aspects of Flagstar’s mortgage business and its continued expansion. She came to Flagstar from Fannie Mae, where most recently she was responsible for the customer delivery strategy and business performance of all customers in the western U.S. delivering single-family home loans to the agency. Her experience in the mortgage industry is broad and deep, covering mortgage originations, fulfillment, risk management, secondary marketing, servicing, and regulation. Fercho joined Fannie Mae in 2002 in Human Resources where as vice president she was responsible for the organization’s overall people strategy, talent acquisition, and culture transformation. Starting in 2007 she served in various mortgage customer management roles, including oversight of the mortgage production of nearly 2,000 lenders. Earlier in her career, she was with PepsiCo, ultimately serving as director of Human Resources with responsibility for corporate functions worldwide. She also held various positions in sales and operations at Baxter Healthcare. She currently serves as president of the board for Habitat for Humanity Chicago and chairperson of the board for LIFT, an organization to combat poverty and expand opportunity for all people nationwide. In September 2016, MR Report recognized her as one of the Top Women in Housing, and in June 2015, Diversity Journal listed her among Women Worth Watching.
Kristy Fercho joined Flagstar Bank in September 2017 as executive vice president and president of Mortgage. In this capacity, she is responsible for the direction and oversight of all aspects of Flagstar’s mortgage business and its continued expansion. She came to Flagstar from Fannie Mae, where most recently she was responsible for the customer delivery strategy and business performance of all customers in the western U.S. delivering single-family home loans to the agency. Her experience in the mortgage industry is broad and deep, covering mortgage originations, fulfillment, risk management, secondary marketing, servicing, and regulation. Fercho joined Fannie Mae in 2002 in Human Resources where as vice president she was responsible for the organization’s overall people strategy, talent acquisition, and culture transformation. Starting in 2007 she served in various mortgage customer management roles, including oversight of the mortgage production of nearly 2,000 lenders. Earlier in her career, she was with PepsiCo, ultimately serving as director of Human Resources with responsibility for corporate functions worldwide. She also held various positions in sales and operations at Baxter Healthcare. She currently serves as president of the board for Habitat for Humanity Chicago and chairperson of the board for LIFT, an organization to combat poverty and expand opportunity for all people nationwide. In September 2016, MR Report recognized her as one of the Top Women in Housing, and in June 2015, Diversity Journal listed her among Women Worth Watching.