Molton Allen Hires Padalino as President

BIRMINGHAM, Ala. - Michael J. Padalino has joined Molton, Allen & Williams Corp. as president and chief executive of its mortgage banking division.

Mr. Padalino had been president and chief executive of AmSouth Mortgage Corp., which was recently acquired by GE Capital.

Molton Allen services about $1.6 billion of mortgages and has 20 retail offices in seven states.

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