As a result, the cost of managing credit services has increased from pre-crisis levels, and there is still potential for increased regulation. The credit service is the process by which a company (mortgage bank, service company, etc.) Interest, principal and escling payments are earned from a borrower. In the United States, the vast majority of mortgages are guaranteed by the government or government-sponsored entities (GSE) through purchases by Fannie Mae, Freddie Mac, or Ginnie Mae (who purchases loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA). Since GSEs and private credit investors generally do not manage the mortgages they buy, the bank selling the mortgage generally retains the right to serve the mortgage under a service framework contract. Service providers (service companies) are usually remunerated by receiving a percentage of the outstanding balance of the loans they serve. The fee rate can range from one to forty-four basis points, depending on the size of the loan, whether it is secured by commercial or residential real estate, and the level of service required. These services may include (but are not limited to) returns, notices, collections, tax reports and other requirements. Companies recognize service rights as stand-alone assets or liabilities if ownership of those rights is contractually distinct from ownership of the underlying loan […].