Fred Bolstad is executive vice president of Retail Lending at U.S. Bank Home Mortgage. He joined U.S. Bank in 2016 and in his current role is responsible for over 4,000 employees, including nearly 1,400 mortgage loan officers. He leads both Retail sales and operations, a channel that originated over $47 billion in 2020. He is a 31-year veteran of the mortgage industry, holding senior positions in the non-bank space as head of Retail for both Stonegate mortgage and Nationstar Mortgage. In addition, Fred spent nearly 20 years at Citi where he served in multiple executive leadership roles, including executive vice president for National Production, executive vice president of Retail Lending, and executive vice president of Wholesale Lending. He holds a Bachelor of Arts and a Masters in Business Administration from the University of Minnesota.