flagstarbank

Andy Block is a Senior Loan Advisor and Personal Finance Advisor at Flagstar Bank where he helps individuals and families make wise decisions about their personal finances. His background combines mortgage banking and wealth management, allowing him to advise clients on how to make effective financial decisions that support their lifestyle and plan for the future. Andy has more than 29 years of experience in the mortgage industry and has spent the past 12 years focusing on reverse mortgages.

In this episode…

The use of reverse mortgages has become more popular over the last couple of years. Financial advisors say that reverse mortgages can be a good financial tool if used for the right purpose.

However, reverse mortgages are not for everybody. There are some key factors to consider before being approved for a reverse mortgage. 

In this episode of the Pillar6 Podcast, Roman Polnar interviews Andy Block, a Senior Loan Advisor and Personal Finance Advisor at Flagstar Bank, about how reverse mortgages work. Andy discusses the evolution of reverse mortgages, the differences between reverse and traditional mortgages, the qualifications for obtaining a reverse mortgage, and how to refinance a reverse mortgage.

Resources Mentioned in this episode

• Pillar6 Advisors
• Roman M. Polnar on LinkedIn
• Flagstar Bank
• Andy Block on LinkedIn
• Andy Block's email: andy.block@flagstar.com
• A Gentleman in Moscow: A Novel by Amor Towles
• The Nightingale: A Novel by Kristin Hannah

A shore house, a trunk full of resumes (yes...paper resumes) and a guest that helped changed the trajectory of John's career. Eric Levin goes for a walk with SVP, TPO Lending at Flagstar Bank, John Gibson.

During this episode, You Me and Your Top Three host, Gregg Garrett, speaks with Jennifer Charters, executive vice president and CIO at Flagstar Bank. She discusses how leaders can use the power of storytelling to drive clarity of purpose and consistency of transformation. Jennifer also shares how she has honed this superpower as a chief-of-staff to a global executive before embracing this same method to take on her own corporate officer role. She shares her Top Three including her spouse who creates a safe-zone to question the right way of doing things to bosses who help mold her perspective to current colleagues who give her the space to truly move her organization from good to great and to her fellow Women in Technology who, with her, continue to shape the landscape for women in the IT profession. Lastly, you must hear what she has to say about building intentional habits.

Jennifer Charters joined Flagstar Bank in June 2018 as executive vice president and chief information officer. In her new position, she is responsible for providing overall executive leadership and strategic direction for the IT organization, including the successful delivery of technology initiatives and management of IT operations.

Previously, she was chief information officer, Corporate Technology, at Ally Financial. She is an experienced professional with 24 years of experience in IT financial services and telecommunications.

She serves as vice president of the Michigan Council of Women in Technology.

Segment 1: Overview

1:18      Influential leadership vs. control leadership

8:18      Jennifer Charters’ career and the positive impact of successful storytelling

Segment 2: The “Top Three”

9:20     Charters reflects on the impact being able to play and explore from an early age played on her career

15:54   “What do I want to do for the next 12 years?”

16:49   “Not wanting to close too many doors too quickly”

19:38   Charters’ “Top Three” starters with her husband Jim Charters who serves as an understanding, sounding board for problem solving

22:43   Charters’ “Top Three” builds with the former leaders she has worked for including Cheryl Railey who highlighted the importance of relationships and managing up

27:40   Charters’ “Top Three” continues with Michael Baresich who emphasized the impact successful storytelling can have on strategy and purpose

34:40   Charters’ “Top Three” expands with current leaders she works with including Alessandro DiNello who challenged her to see technology as an enabler to the business model

39:37   Charters’ “Top Three” also includes Lee Smith who gives her freedom and has established trust for her to do what she needs to successfully execute the technology

45:02   Charters’ “Top Three” conclude with Jane Sydlowski and John Bonapace who brought her into the Michigan Council of Women in Technology

Segment 3: Impact of Technology and Lessons Learned from the Financial Services Industry

49:28   “What advice do you give to leaders to get closer to the mindset of industry service with technology serving as an enabler?”

51:02   “If you don’t feel like you’re continuing to learn… grow and like the organization is not continuing to invest in you, you might want to think about if you’re in the right place.”

52:10   Today’s increase in technology acceleration

Segment 4: Wrapping Up

53:34   Building the right habits to be a better, braver leader

55:56   How to stay in contact with Jennifer

Contact Jennifer Charters:

• Jennifer’s LinkedIn

Contact Gregg Garrett:

• Gregg’s LinkedIn
• Gregg’s Twitter
• Gregg’s Bio

Contact CGS Advisors:

• Website
• LinkedIn
• Twitter