Servicing Agent | Mortgage Glossary

Definition of "Servicing Agent"

The party who services a loan, who may or may not be the lender who originated it.

Opening in the wall of a structure to let in air and light. ...

the type and value of real estate improvements made as well as the use to which land is put. This is ...

The portion of a structure providing the primary ground support. Foundations have a foundation wall ...

Map that shows the location and boundaries of individual properties. ...

Claim, such as a worker's lien, to property under the care, custody, and control of another. This si ...

Protection under an insurance policy. In property insurance, coverage lists perils insured against, ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

A seller disclosure is a form required by most states; the seller uses this form to disclose any kno ...

A gated community is a community of homes where you must pass through a security gate in order to en ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

Line of insurance, which included coverages that are designed to protect the insured against a loss ...

Paying points for a lower interest rate is a trade off between paying money now versus paying money ...

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