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    ServiceLink, the provider of transaction services to the mortgage and finance industries, is getting into the auction business thanks to its parent company buying one of the country’s top auction companies. On Monday, Fidelity National Financial, the title insurance giant and parent company of ServiceLink, announced that it acquired Hudson & Marshall. Click the headline to read more.

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Ginnie Mae halts MSR transfer from BAC to nonbank

MSRs lack documents, firm says

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Kate Berry at American Banker has a great scoop on Ginnie Mae halting the transfer of MSRs from Bank of America (BAC).

Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because of missing documents. The agency is asking the top servicers for an inventory of loans with missing documents.

Source: American Banker
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