New Key Mortgage Unit Names Prez

Allen L. Wehrhahn has been named president of Key Mortgage Services, Parsippany, N.J., a newly formed unit of Cleveland-based KeyBank's Consumer Finance group.Mr. Wehrhahn is a veteran of more than 20 years in the financial services industry, and was most recently president of Key Home Equity Services. The new unit includes the home equity services and prime lending groups, which will use a streamlined operations facility, as well as home improvement loans, Secolink Settlement Services, and the consumer loan center, which will continue to operate under their current structure, the bank said. KeyBank, a subsidiary of KeyCorp, can be found online at http://www.keybank.com.