This wouldn't have happened a few years ago, but mortgages are hot and investors are lined up...

|By:, SA News Editor

This wouldn't have happened a few years ago, but mortgages are hot and investors are lined up out the door to pay billions for the servicing assets of ResCap. Nationstar (NSM) was thought to have the inside track - even lining up regulatory approvals from the GSEs - but the company will now have to compete with Berkshire (BRK.B), Ocwen (OCN), and maybe Walter Investment (WAC), among others.