GE Capital Mortgage Services, which has been on a shopping spree for servicing portfolios, made two big acquisitions in just two days last week.

First, GE bought a $6 billion servicing portfolio from AmSouth Bancorp. As much as $10 billion was reportedly for sale. The next day, Wachovia Corp. announced it was selling $9 billion in servicing to GE, a sale many insiders previously said would go to Chase Manhattan Bank.

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