Servicing Agent


Definition of "Servicing Agent"

Jesse DeLaGarza
Jesse DeLaGarza All City Real Estate

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

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Servicing

Administering loans between the time of disbursement and the time the loan is fully paid off. Servicing includes collecting payments from the borrow ...

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The legal process by which a lender acquires possession of the property securing a mortgage loan when the borrower defaults. ...

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