Article: BANKING MERGER CREATES NATION'S THIRD-LARGEST MORTGAGE COMPANY

 
 Chase Manhattan Mortgage and Chemical Mortgage Combine 

EDISON, N.J., April 1 /PRNewswire/ -- Effective today, Chase Manhattan Mortgage Corporation and Chemical Residential Mortgage Corporation have combined operations. The new entity retains the name Chase Manhattan Mortgage Corporation. The consolidation is a result of the merger of The Chase Manhattan Corporation and Chemical Banking Corporation on March 31, 1996.

Thomas Jacob is Chief Executive Officer of the new Chase Manhattan Mortgage Corporation and Richard A. Mirro is Chief Operating Officer.

With $27 billion in combined originations for 1995, the new Chase Manhattan Mortgage Corporation would have ...

Related newspaper, magazine, and journal articles:

Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!