A look at stories across HousingWire’s Super Bowl weekend desk with more coverage to come on bigger issues, and with congratulations to the Green Bay Packers. Wells Fargo (WFC) was the top commercial real estate and multifamily servicer by volume in 2010, servicing approximately $451.1 billion worth of loans. Rankings were released by the Mortgage Bankers Association Sunday. PNC Real Estate/Midland Loan Services (PNC) came in second for the year at $337.4 billion, followed by Berkadia Commercial Mortgage ($194.9 billion), Bank of America Merrill Lynch (BAC) ($126.6 billion), and KeyBank Real Estate Capital (KEY) ($118.9 billion). Bank of America Home Loans is exiting the reverse mortgage origination business and move the unit’s operational resources into other areas of serving customer. Doug Jones, consumer sales and institutional mortgage services executive of BofA, said the decision was strategic due to competing demands and priorities within the company. “We fully understand the critical sensitivity of ensuring that our senior customers are provided with the same level of excellent customer service that we have provided in the past.” BofA Home Loans will continue to support the needs of existing reverse mortgage customers and those with loans in process. The bank said the decision to exit the space it the latest in a series taken to resolve mortgage-related issues. Regulators closed three banks over the weekend, for a total of 14 bank failures so far in 2011. The Federal Deposit Insurance Corp. estimates the total cost to its deposit insurance fund from last week’s failed banks at about $118.4 million. The Georgia Department of Banking and Finance closed American Trust Bank of Roswell, Ga., and the FDIC was appointed receiver. Renasant Bank of Tupelo, Miss., agreed to assume all the deposits of the failed institution. As of Dec. 31, the branches of American Trust Bank had about $238.2 million in total assets and $222.2 million in total deposits. The Georgia Department of Banking and Finance also closed North Georgia Bank of Watkinsville, Ga., and the FDIC was appointed receiver. BankSouth of Greensboro, Ga., agreed to assume all the deposits of the failed institution. As of Dec. 31, the two branches of North Georgia had about $153.2 million in total assets and $139.7 million in total deposits. The Oklahoma State Banking Department closed First State Bank of Camargo, Okla., and the FDIC was appointed receiver. Bank 7 of Oklahoma City agreed to assume all the deposits of the failed institution. As of Sept. 30, the lone branch of First State bank had about $43.5 million in total assets and $40.3 million in total deposits. The Illinois Department of Financial and Professional Regulation closed Community First Bank of Chicago, and the FDIC was appointed receiver. Northbrook Bank of Chicago agreed to assume all the deposits of the failed institution. As of Dec. 31, the lone branch of Community First had about $51.1 million in total assets and $49.5 million in total deposits. One man joined three of his former conspirators over the weekend and pleaded guilty to rigging bids and committing mail fraud at public real estate foreclosure auctions in San Joaquin, Calif. Richard Northcutt and a group of real estate speculators had an agreement not to bid against each other at certain real estate auctions to decrease competition and obtain selected properties in San Joaquin County at non-competitive prices, according to the State Department of Justice‘s Antitrust Division. According to court documents, after the conspirators’ designated bidder bought a property at a public auction, they would hold a second, private auction. There the group would bid an amount above the public auction price he or she was willing to pay. The highest bidder at the private auction would win the property and the rest of the investors would split the difference between the private and public auction price among themselves as illicit profit. Northcutt participated in the scheme from September 2008 to October 2009, according to his plea. The maximum penalty for his crime is 10 years in prison and a $1 million fine. Northcutt also plead guilty to conspiracy to commit mail fraud, which carries a maximum sentence of 30 tears in prison and a $1 million fine. Christine Varney, assistant attorney general of the Antitrust Division, said the rigging of public foreclosure auctions is something her division is cracking down on. “With our law enforcement partners, we are vigorously pursuing bid rigging conspiracies in real estate foreclosure auctions that allow individuals to gain illegal profits and take advantage of adverse situations,” said Varney. She added that investigations have expanded into Northern California. The American Securitization Forum is hosting its annual conference this week in Orlando, Fla. Congressman Scott Garrett (R-N.J.) is the featured speaker giving the opening address this morning. Garrett currently serves as the chairman of the Financial Services Subcommittee on Capital Markets and Government-sponsored Enterprises. The conference will cover mortgage securitization in the current market, mortgage underwriting standards, risk retention, regulatory development and residential mortgage-backed securities’ representations, warranties, repurchases and due diligence. HousingWire has editorial staff on the ground for coverage this week, so be sure to look for them and check back for daily updates of what’s happening at the conference. Write to Christine Ricciardi. Follow her on Twitter @HWnewbieCR.