Hitting the red-hot specialty mortgage servicers today is JPMorgan's expansion of its servicing...

|By:, SA News Editor

Hitting the red-hot specialty mortgage servicers today is JPMorgan's expansion of its servicing operations with the purchase of MetLife's $70B MSR portfolio. Ocwen (OCN -4.4%), Nationstar (NSM -5.4%), and others were thought to have easy pickings as the banking big boys unloaded servicing assets to comply with new capital requirements.