Active active 1 month ago
Loan servicing refers to the administrative aspects of a loan from the time the proceeds are dispersed until the loan is paid off. Loan servicing includes sending monthly payment statements and collecting monthly payments, maintaining records of payments and balances, collecting and paying taxes and insurance (and managing escrow and impound funds), remitting funds to the note holder, and following up on delinquencies.
You could display a small snippet of information from your group extension here. It will show on the group home screen.