Wilshire Financial Services Group Inc., Portland, Ore., hired Chase Financial Corp.'s Bruce Zechenelly and Frank Davis for its manufactured- housing lending division.

Mr. Zechenelly, named vice president, will direct the division and develop new business nationwide. He had managed direct-to-consumer, wholesale, and correspondent banking at Chase Financial, a subsidiary of Chase Manhattan Corp.

Mr. Davis, who was named national sales manager, will be responsible for developing a correspondent network to generate originations. He had been national accounts manager at Chase Financial, where he was responsible for manufacturer relationships and product development.

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