Mortgage Servicers

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January 1, 1 7 min read Definitions

Loan Servicing Mortgage Loans Loan Administration Mortgage Servicers Default Management Escrow Payments Real Estate

Loan servicing encompasses the administrative aspects of a loan from the moment the proceeds are disbursed to the borrower until the loan is paid in full. This includes the collection of principal, interest, and escrow payments, as well as handling defaults and foreclosures, if necessary.