Banks cutting mortgage staffers hit Ohio as loan activity slows
National banks cut hundreds of mortgage jobs amid falling home loan activity with Ohio seeing about 300 positions eliminated in central Columbus and related back office cuts. JPMorgan Chase, Wells Fargo and Fifth Third report limited reductions while PNC and others monitor capacity as originations decline sharply. The Mortgage Bankers Association projects a steep drop in loan originations in late 2013.
MENTIONED IN THIS ARTICLE
Ohio
JnMorgan Chase & Co
New York
Columbus
Jpmorgan Chase
Jpmorgan Chase & Co
Wells Fargo Home Mortgage
West Chester
Fifth Third Bancorp
Fifth Third
Bank
Madisonville
Hamilton County
Larry Magnesen
Magnesen
PNC Mortgage
U.S
Miami
Montgomery County
Marcey Zwiebel
PNC Financial Services Group Inc
PNC
Mortgage Bankers Association
Midwest Vein and Laser Sold to Dr Robert Tyrrell
Midwest Vein and Laser in Centerville has been purchased by Dr Robert Tyrrell an interventional radiologist. Founder Dr Ronald Bush will stay as consultant. The sale closed earlier this year at 8101 Miller Farm Lane and the practice offers vein disease treatments with vascular surgery and interventional radiology.
MENTIONED IN THIS ARTICLE
Midwest Vein and Laser
Centerville
Robert Tyrrell
Midwest Vein
Miller Farm Lane
Ronald Bush
Bob Goldberg
Lincoln plots luxury pivot to lure younger buyers
Ford's Lincoln division trains 60 dealers in Chicago on crafting a progressive luxury image for the brand. It unveils the MKZ and plans six more models while mandating showroom upgrades and a signature Lincoln scent to attract a wealthier, better educated, more female audience, amid Mercedes presence and dealer pushback.
MENTIONED IN THIS ARTICLE
Chicago
Lincoln
Ford Motor Co
Ford
PAUL SANCYA / AP
Dunkin Donuts maps Dayton area expansion sites
Gilligan Oil Company chief Pat Gilligan outlined four Dayton region Dunkin Donuts locations for early 2014 openings in Centerville Springfield Kettering and Sugarcreek Township with 2000 square foot stand-alone shops and drive through. If zoning and permits proceed, all four could be open by year end 2014 and hire about 48 full time staff.
MENTIONED IN THIS ARTICLE
Dayton
Pat Gilligan
Gilligan Oil Company
Cincinnati
Centerville
Springfield
Kettering
Sugarcreek
Gilligan
Dayton-Lebanon Pike
Ohio 48
Spring Valley Road
S. Limestone St
Wilmington Pike
1675
Sugarcreek Two
East Stroop Road
Monroe
I-75
Dunkin’ Donuts
Dayton-Springfield
Miami Valley
BlackBerry weighs strategic options after phone debut flops
BlackBerry Ltd forms a special committee to explore strategic alternatives including a sale joint ventures or partnerships amid weak BlackBerry 10 adoption and ongoing losses since the iPhone era began. U S shares rise 9.6 percent as the company weighs options after years of delays and job cuts.
MENTIONED IN THIS ARTICLE
Toronto
BlackBerry
Apple
BlackBerry Ltd
Black- Berry
Thorsten Heins
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