Step 1: Recall standard ellipse parameters.
For an ellipse:
\[
\text{Distance between foci} = 2c
\]
\[
\text{Length of latus rectum} = \frac{2b^2}{a}
\]
Also,
\[
c^2 = a^2 - b^2,\quad e = \frac{c}{a}.
\]
Step 2: Use given condition.
\[
2c = \frac{2b^2}{a}.
\]
Cancel 2:
\[
c = \frac{b^2}{a}.
\]
Step 3: Substitute \( b^2 = a^2 - c^2 \).
\[
c = \frac{a^2 - c^2}{a}.
\]
Step 4: Multiply by \(a\).
\[
ac = a^2 - c^2.
\]
\[
c^2 + ac - a^2 = 0.
\]
Step 5: Divide by \(a^2\).
Let \(e = \frac{c}{a}\), then:
\[
e^2 + e - 1 = 0.
\]
Step 6: Solve quadratic equation.
\[
e = \frac{-1 \pm \sqrt{1+4}}{2}
= \frac{-1 \pm \sqrt{5}}{2}.
\]
Step 7: Choose valid value.
Since eccentricity is positive and less than 1:
\[
e = \frac{\sqrt{5}-1}{2}.
\]
Final Answer:
\[
\boxed{\frac{\sqrt{5}-1}{2}}
\]