The processing of payments, mailing of monthly statements, management and disbursement of escrow funds etc Typically carried out by the company you make payments to.

Task of collecting monthly payments, handling insurance and tax impounds, delinquencies, early payoffs, and mortgage releases.

After you obtain a loan, the company you make the payments to is "servicing" your loan. They process payments, send statements, manage the escrow/impound account, provide collection efforts on delinquent loans, ensure that insurance and property taxes are made on the property, handle pay-offs and assumptions, and provide a variety [..]

Definition The process a lending institution goes through for all loans it manages. This involves processing payments, sending statements, managing the escrow/impound account, providing collection ser [..]

See Loan administration.

The administration aspect of a loan from the time the proceeds are dispersed until the loan is paid off. This 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 [..]

The paperwork involved in handling mortgage loans.

The process of collecting and managing monthly payments. Typically a separate company which processes the payments, sends statements, manages the escrow/impound accounts and makes sure that taxes and [..]

The processing of payments, mailing of monthly statements, management and disbursement of escrow funds etc Typically carried out by the company you make payments to.

The term used to describe the collection and management of your monthly mortgage payment, which includes principal and interest. This typically includes processing payments, sending statements and man [..]

The collection of mortgage payments from borrower and other related responsibilities of a loan servicer.