Jeffrey Johnson has resigned as president and chief executive officer of Franklin Credit Management Corp., a New York-based finance company specializing in residential mortgage loans, according to Franklin Credit.Mr. Johnson, who also resigned from the company's board of directors, left to pursue other business interests, the company reported. Thomas Axon, the chairman and founder of the company, has been appointed president and CEO. Mr. Axon has been chairman since 1994 and was president and CEO from December 1994 through June 2000. The company can be found on the Web at http://www.franklincredit.com.

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