GE Capital Mortgage Services has grown explosively since its founding six years ago, but now the company is taking a breather to digest its $106 billion portfolio, fifth-largest in the country.

The wholesale mortgage operator grew to $109.5 billion by December 1995 after GE Capital Mortgage Corp. got into the servicing business by acquiring Travelers Mortgage Services, with its 13.2 billion portfolio, in 1990. Subsequently, GE snapped up $64.7 billion Shearson Lehman Hutton Mortgage Corp. and the first mortgage portfolios of Wachovia Corp. and Birmingham-based Amsouth Corp.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.