Mortgage Lenders
Public Group
Active active 4 months ago
Active active 4 months ago
Mortgage Lenders
Public Group •
Active
active 4 months 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.
Mortgage Lenders
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