People in the News, April 28, 2025
(Paul Gigliotti, courtesy of Prudent AI)
Prudent AI Promotes Paul Gigliotti
Prudent AI, Dover, Del., announced the promotion of Paul Gigliotti to Chief Growth Officer.
Gigliotti has more than two decades of experience in mortgage lending, fintech, operations and strategic growth.
In this newly expanded role, he will oversee revenue strategy, sales and marketing.
Joseph Gormley Joins Ginnie Mae
Ginnie Mae, Washington, D.C., announced that Joseph Gormley has joined as its new Executive Vice President and Chief Operating Officer.
Gormley has previously held senior roles at the U.S. Department of Housing and Urban Development, including Deputy Assistant Secretary for Single-Family Housing at the Federal Housing Administration and Chief of Staff to the Deputy Secretary.
He has also held roles at the Mortgage Bankers Association, Independent Community Bankers of America and the Financial Industry Regulatory Authority.
Class Valuation Appoints Jim Bannister, Scott Shaw as Senior Sales Executives
Class Valuation, Troy, Mich., announced the appointments of Jim Bannister and Scott Shaw as Senior Sales Executives.
Bannister has more than two decades of experience helping lenders and servicers achieve their strategic goals. He has worked for Cotality, First American Financial Corp., Black Knight Financial Services and Intercontinental Exchange Inc.
Shaw has more than 25 years of experience in financial technology and mortgage lending, having held senior sales roles at Intel, Cotality, First American Financial Corp., Black Knight Financial Services and ICE.
CMG Home Loans Welcomes Christie Schalock
CMG Home Loans, a division of CMG Financial, San Ramon, Calif., has welcomed Christie Schalock as Regional Sales Manager.
Schalock will oversee sales operations across Idaho, Utah and Alaska.
She has more than two decades of experience in the mortgage industry and began her career in the field with Eagle River Mortgage. She has also held roles–including key management positions–with companies such as Wells Fargo, Guild Mortgage and Guaranteed Rate.
