First Nationwide Mortgage, the nation's 10th-largest mortgage servicer, is taking a breather from its rapid expansion program, says president and chief executive officer Walter C. "Terry" Klein Jr.

After two years of acquisitions, he said, the time has come to digest the huge chunks of business added in the last few years. "Nineteen ninety- seven has been the building and reengineering of the infrastructure phase of the company," he said.

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