Business

Jamie Dimon ‘gearing up’ to buy stake in Ocwen Financial

Jamie Dimon wants a piece of Bill Erbey.

Dimon’s JP Morgan is gearing up to buy $45 billion of mortgage-servicing rights from Ocwen Financial, the largest sale of the troubled company’s assets since a two-year regulatory probe ended with founder Erbey stepping down in January, The Post has learned.

The bank signed a letter of intent to buy the mortgage-servicing rights, or MSRs, earlier this month, a person familiar with the deal said.

The purchase, which is set to close in the second half of the year, would make Dimon’s bank responsible for collecting on another 277,000 mortgages that are owned by Fannie Mae and Freddie Mac.

Earlier this month, Ocwen announced the sale but didn’t name the buyer.

JPM is the country’s No. 2 mortgage servicer, according to the most recent data available, behind just Wells Fargo.

In 2011, JPM sold $15 billion of MSRs to Ocwen when many banks were slimming that business to keep from tighter regulatory scrutiny.