Special servicer Wingspan Portfolio Advisors reached an agreement with JPMorgan Chase to acquire its mortgage servicing operation in Melbourne, Fla.

Steven Horne, CEO and president of Wingspan Portfolio Advisors, told National Mortgage News that the Florida site is JPMorgan’s top producing location in terms of product quality for loan modifications and customer assistance. Horne did not specify how many loans are serviced at this shop since there are several steps involved in the servicing process.

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