Gayle Gasaway Named Mortgage Lending Operations Manager at CUMAnet

Basking Ridge, N.J., July 16, 2008 – Credit Union Mortgage Alliance Network (CUMAnet) is pleased to announce the advancement of Gayle Gasaway as mortgage lending operations manager, effective immediately.

This new position will allow the processing and underwriting departments to merge. The move will provide more efficient, effective service to our client credit union's members.

"Gayle has been a loyal, conscientious employee," said Daniel von Schaumburg, CUMAnet president. "With over eight years experience at CUMAnet, her promotion is well-deserved and we are confident she has the skill set to further improve our member services in this newly created position."

"I am aiming to enhance member service" Ms. Gasaway expressed. "We want to provide a service to our client credit union's members that no other lender provides."

Because of her versatile background, Ms. Gasaway will handle multiple aspects in the approval process. Ms. Gasaway has received internal awards for processing and underwriting turnaround time.

A current student at Raritan Valley Community College, Ms. Gasaway resides in Bridgewater, NJ.

About CUMAnet
CUMAnet is a 100% credit union-owned, full-service, real estate organization, providing residential mortgage and home equity loan products and related services to credit unions exclusively nationwide for 13 years. With its transparent service, CUMAnet allows credit unions the ability to offer members the real estate products and pricing needed to compete in today's financial marketplace, plus the personal, superior service expected in the credit union industry.