GE Said to Weigh Purchase of Shearson Servicing Unit

General Electric Capital Corp., which plunged into the mortgage servicing business last year, has been seriously studying the servicing unit of Shearson Lehman Brothers Inc. for possible purchase, industry sources said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

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