Servicing

Fay Servicing and GSF Mortgage have been approved by Ginnie Mae as issuers of the government agency's mortgage-backed securities.

MGIC Investment Corp. reported an increase in third-quarter earnings from a year ago, amid lower delinquencies and an increase in new insurance.

NMN is previewing the upcoming MBA Annual conference with a special package of preconvention content. Check out a roundup of links to the coverage.

Complications from the housing crisis led to the 2011 edition of the MBA Annual Convention getting relocated to Chicago. Three years later, the Mortgage Bankers Association is ready for its biggest conference to make its Las Vegas debut.

Bank of America Corp., which agreed to a record $16.7 billion settlement of government mortgage probes in August, posted a surprise third-quarter profit as revenue from trading stocks and bonds increased.

Hard money lenders fear New York watchdog Benjamin Lawsky's investigation into their industry could make the public mistakenly think their business primarily involves making loans designed to fail to homeowners who occupy properties.

Altisource Asset Management and Altisource Residential LP executive vice president Salah Saabneh has resigned, according to two Securities and Exchange Commission filings.

Generation Mortgage Co. is exiting the Home Equity Conversion Mortgage origination business, but will continue to service reverse mortgages.

Delinquency rates for commercial mortgage-backed securities declined steadily in September compared to a month earlier.

Complete Financial Solutions in Spokane, Wash., has agreed to buy Northern Star Financial in Mankato, Minn.