An organization that acts on behalf of the lender to administer a student loan account.  Often the borrower deals with the loan service when there are questions about repayment.

A financial institution which collects mortgage payments from borrowers and applies the appropriate portions to principal, interest and any escrow accounts.

An organization that collects principal and interest payments from borrowers and manages borrowers' escrow accounts. The servicer often services mortgages that have been purchased by an investor in the secondary mortgage market.

Definition An organization which collects principal and interest payments from borrowers and manages their escrow accounts.

a business that collects mortgage payments from borrowers and manages the borrower's escrow accounts.

A servicer is a business that collects payments on a loan and performs other administrative tasks associated with maintaining a loan portfolio. Loan servicers disburse loans funds, monitor loans while the borrowers are in school, update borrower contact information, send out bills and statements, collect payments, process deferments and forbearance [..]

An organization that acts on behalf of a trustee for the benefit of security holders.

after a mortgage loan closes, the loan servicer collects the payments, manages escrow accounts, pays escrow taxes and insurance, and manages delinquent payments.

An organization that is paid by a lender to administer their student loan portfolio.

An organization or company that collects monthly mortgage principal and interest payments from homeowners and manages escrow accounts. This company will also handle the collection of funds and the pay [..]

Entity under contract to a lender or agency to perform account servicing functions.

After a mortgage loan closes, the loan servicer collects the payments, manages escrow accounts, pays escrowed taxes and insurance, and manages delinquent payments.

Administrative party that collects payments and generates reports regarding mortgage payments.

Another name for the mortgage banker who collects your mortgage payments.

A loan servicer is a company that manages sending out statements and coupon books and collecting payments on a loan, as well as other customer service functions. Some lenders service their own loans, [..]

A financial institution which collects mortgage payments from borrowers and applies the appropriate portions to principal, interest and any escrow accounts.

n. administrador de préstamos, agencia administradora de préstamos

Private companies that many postsecondary institutions, lenders, guaranty agencies, and secondary markets contract with to handle student loan processing. The U.S. Department of Education also contracts with servicers for managing Federal Direct Loans.

An entity that enters into a contract with a student loan lender, such as a bank, to administer any aspect of its participation in lending federal student loans. If you have questions about your loans after applying, you should contact your loan servicer.

The servicer is the party who communicates most with you and oversees all loan administration, including processing payments and managing deferments, etc. A servicer can be the original lender, a new [..]

An organization that is paid by a lender to administer their student loan portfolio.

a company employed by a lender to perform administrative tasks involved with loans, such as processing of deferments and collection of payments.

Organization that administers and collects loan payments. May be either the loan holder or an agent acting on behalf of the holder.

An organization that collects payments on a loan and performs other administrative tasks associated with maintaining a loan portfolio. Loan servicers disburse loans funds, monitor loans while the borr [..]

A company contracted by a lender or holder to handle administrative aspects of the loan -- collection of payments, correspondence with borrowers, address changes, loan status updates and more. Quite often, all communication regarding a loan will be with the servicer.

A company employed by a lender or the federal Department of Education to perform administrative tasks involved with loans, such as the processing of deferments and collection of payments.

 An entity contracted to administer and collect your loan for the Department of Education.

See Loan Servicer

An organization that is paid by a lender to administer their student loan portfolio.

A financial institution that manages loans for investors (lenders), including billing, payments, accounting, communications with borrowers, etc. Some investors/lenders act as their own servicers, while others hire outside companies to manage their loan portfolios.

A loan processing center, which receives loan repayments from borrowers.

This is the organization, paid by the lender, to oversee the status of your loan, distribute funds, collect payments, and handle deferments, forbearances, and other related issues.

Private companies that many postsecondary institutions, lenders, guaranty agencies, secondary markets, and the U.S. Department of Education contract with to handle student loan processing SFA

An organization that collects principle and interest payments from borrowers and manages borrowers’ escrow accounts. The servicer often services mortgages that have been purchased by an investor in th [..]

An organization that collects principle and interest payments from borrowers and manages borrowers’ escrow accounts. The servicer often services mortgages that have been purchased by an investor in the secondary mortgage market.

An organization that collects principal and interest payments from borrowers and manages borrowers' tax and insurance escrow accounts. A mortgage banker is often paid a fee to service mortgages that have been purchased by an investor in the secondary mortgage market.