First Federal of Lakewood, a thrift based in Lakewood, Ohio, has announced the formation of a residential lending division, First Federal Lending, in connection with the opening of two residential lending offices in Westerville, Ohio, and Solon, Ohio. First Federal said it has also expanded its northeast Ohio-based residential lending staff to 10. "As other lenders exit the market, or pull back, we see opportunities to grow our residential loan business, which is one of our core areas of expertise," said Gary Fix, president, chief executive, and managing officer of First Federal of Lakewood. The thrift can be found online at http://www.ffl.net.
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