Company hires expert as part of strategic effort to attract top talent
The Money Store has announced the addition of John Palmiotto (pictured) to its executive team as chief production officer.
The wholesale lender said Palmiotto's appointment is part of the company's strategic hiring initiative to attract top-level talent and position it as an "industry powerhouse."
"A driving force in the industry, John Palmiotto has consistently demonstrated his ability to lead teams and companies toward success," the New Jersey-based company said in its press release. "His vision aligns with The Money Store's commitment to providing a unique and thriving environment for loan officers to excel in current market conditions."
Palmiotto brings over 28 years of industry experience to his new role at The Money Store. He spent more than six years at Guaranteed Rate, most recently as chief of retail production. Palmiotto has also been part of Prospect Mortgage's leadership team for over a decade as Midstate divisional president and regional vice president before that.
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"I'm excited to be part of the Money Store and to help build upon the success of this storied franchise," Palmiotto said. "I believe many loan officers are looking for a different experience to succeed in this market, and the Money Store provides a great alternative for them. Excited to be part of the team."
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