After just a year-and-a-half on the job, the head of Flagstar Bancorp Inc.’s mortgage banking division is leaving the financial institution.

Leonard "Len" Israel II joined the Troy, Michigan-based firm as president of mortgage in June 2015 with nearly three decades’ experience.

Before joining Flagstar, Israel hung his hat at organizations like the now defunct IndyMac Bank FSB and Citigroup Inc.’s CitiMortgage Inc.

Source: Mortgage Daily