Loan administration definition

Loan administration means a lender’s processing of a loan and includes review, underwriting and evaluation of the loan application, document processing and preparation and adminis- tration of the loan closing, but does not include appraisals, inspec- tions, surveys, credit reports or other activities incidental to loan origination and normally taking place outside the office of the lender or performed by 3rd persons.
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Loan administration means a lender’s processing of a loan and includes review, underwriting and evaluation of the loan application, document processing and preparation and adminis- tration of the loan closing, but does not include appraisals, inspec- tions, surveys, credit reports or other activities incidental to loan
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Loan administration. Although electronically interfaced with Origen Financial's loan origination system, Origen Servicing, Inc. manages the loading of each loan into its servicing system to ensure the quality of information. - Customer Service. Origen Servicing, Inc. performs all customary customer service functions, including answering general questions from obligors, processing pay-off requests and updating customer information. - Payment Processing. Origen Servicing, Inc. posts and tracks all incoming payments utilizing a bank lock-box arrangement for daily electronic data transfer. Origen Servicing, Inc. also manually processes those payment that it receives directly. - Claims. Origen Servicing, Inc. manages all insurance-related claims through a vendor. Where necessary, Origen Servicing, Inc. will force place hazard insurance, and a monthly charge is then added to the obligor's monthly payment to cover the premium. - Titling. Origen Servicing, Inc. ensures that all title documents for manufactured homes securing contracts are properly recorded and documents. - Imaging. Origen Servicing, Inc. scans all critical documentation and makes data available electronically to all employees with appropriate security access typically within 24 to 72 hours of its receipt of the documentation. Origen Servicing, Inc. has imaged all documentation for all loans Origen Financial has originated since inception. DEFAULT AND DELINQUENCY SERVICES. - Dialer Operations. Origen Servicing, Inc. uses predictive dialing campaigns to collect on loans particularly in the early stages of delinquency. Origen Servicing, Inc. begins predictive dialing activity between three days and three weeks after a missed payment.
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Examples of Loan administration in a sentence

  • Loan administration fees are amortized over the term of the loan using the effective interest method.

  • Loan administration duties shall include, but are not limited to: approving or disapproving loan applications from Participants, loan origination and closing, providing proper disclosures to Participant borrowers under applicable federal and state lending laws, notifying Participant borrowers of default, and collecting current and past due payments on such loans.

  • Loan administration fees that are integral part of effective interest rate (EIR) is treated immaterial and not considered while calculating effective interest rate.

  • Mr. Li worked for Bank of Beijing from July 2001 to June 2002 as Loan administration officer.

  • Loan administration files should document this compliance review, which may be in checklist or narrative format.

  • Loan administration must be subjected to the objectives of money use; money must not be used in a way that could cause damage, control various collaterals and repayment of loan and interest to the lenders of all types in full and by the due date, comply with the terms of the entire loan agreement, as well as management to ensure the creditors of financial position and high repayment capacity.

  • Loan administration fees are charged directly to the account balance of the participant requesting the loan.

  • Loan administration shall be conducted in accordance with the applicable Plan document and the loan policies drafted by the Contractor and approved by the County, to include loan repayments by terminated participants via coupon processing.

  • Loan administration duties shall include approving or disapproving loan applications, loan origination and closing, providing proper disclosures under federal and state laws, notifying borrowers of default, and collecting current and past due payments.

  • The Loan Agreement includes a Loan issuance and Loan administration commission payable by the Borrower once per the term of the Loan Agreement.


More Definitions of Loan administration

Loan administration. Facsimile: (000) 000-0000 with a copy to: Xxxxxxx Xxxxxxxx & Wood Xxx Xxxxx Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Attention: Xxxxxxxx X. Xxxxxxxx, Esq. Facsimile No.: (000) 000-0000 Each party may establish a new address from time to time by written notice to the other given in accordance with this section; provided, however, that no such change of address will be effective until written notice thereof is actually received by the party to whom such change of address is sent. Notice to additional parties now or hereafter designated by a party entitled to notice are for convenience only and are not required for notice to a party to be effective in accordance with this section.
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Loan administration. Facsimile: (000) 000-0000 Telephone: (000) 000-0000 U.S. BANK NATIONAL ASSOCIATION By: /s/ Xxxxx Xxxxxxx ------------------------------------- Xxxxx Xxxxxxx for Xxxx Xxxxxxxx Title: Assistant Relationship Manager ----------------------------------- Address for domestic notices: U. S. Bank National Association 000 X.X. Xxx Xxxxxx, XX-0 Xxxxxxxx, Xxxxxx 00000 Attn.: Xxxx Xxxxxxxx, Vice President Facsimile: (000) 000-0000 Telephone: (000) 000-0000 Address for eurodollar notices: U. S. Bank National Association 000 X.X. Xxx Xxxxxx, XX-0 ----------------------------------------- Xxxxxxxx, Xxxxxx 00000 ----------------------------------------- Attn.: Xxx Xxxx, Participation Specialist ------------------------------------ Facsimile: (000) 000-0000 ------------------------------ Telephone: (000) 000-0000 ------------------------------ -82- LENDER'S SIGNATURE PAGE $2,000,000,000 CREDIT FACILITY THE PEOPLES BANK, BILOXI, MISSISSIPPI By: /s/ Xxxxxx X. Xxxxx ------------------------------------- Xxxxxx X. Xxxxx Title: Senior Vice President ---------------------------------- Address for notices: The Peoples Bank, Biloxi, Mississippi 000 Xxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxx 00000 Attn.: Xxxxxx X. Xxxxx ----------------------------------- Facsimile: (000) 000-0000 ------------------------ Telephone: (000) 000-0000 ------------------------ -83- LENDER'S SIGNATURE PAGE $2,000,000,000 CREDIT FACILITY XXXXXXX BANK By: /s/ Xxxx X. Xxxx ------------------------------------- Title: Senior Vice President ---------------------------------- Address for notices: Xxxxxxx Bank 0000 Xxxxxxxxxx Xxxxxx Xxxxxxxx, Xxxxxxxxxxx 00000 Mail: Xxxx Xxxxxx Xxx 0000 Xxxxxxxx, Xxxxxxxxxxx 00000 Attn.: Xxxx X. Xxxx, Senior Vice President Facsimile: (000) 000-0000 Telephone: (000) 000-0000 TRUSTMARK NATIONAL BANK By: /s/ Xxxxx X. Xxxxxxx ---------------------------------------- Title: Vice President ------------------------------------- Address for notices: Trustmark National Bank 000 Xxxx Xxxxxxx Xxxxxx Xxxxxxx, Xxxxxxxxxxx 00000 Attn.: Xxxxx X. Xxxxxxx ------------------------------------- Facsimile: (000) 000-0000 --------------------------------- Telephone: (000) 000-0000 --------------------------------- HIBERNIA NATIONAL BANK By: [ILLEGIBLE] --------------------------------------- Title: Vice President ------------------------------------ Address for notices: Hibernia National Bank 000 Xxxxxxxxxx Xxxxxx Xxx Xxxxxxx, Xxxxxxxxx 00000 Attn.: Xxxxx Xxxxxxxx, Commercial Banking Dept. Facsimile: (000)...
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Loan administration fees: $300.00 payable monthly.
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Related to Loan administration

  • Medication administration means the direct application of a medication or device by ingestion, inhalation, injection or any other means, whether self-administered by a resident, or administered by a guardian (for a minor), or an authorized health care provider.

  • Self-administration means carrying and taking medication without the intervention of the school nurse, approved through the school district policy and restricted to students with asthma, other potentially life-threatening illnesses or life-threatening allergic reaction.

  • Contract administration means all functions, duties, and responsibilities

  • Customs Administration means the competent authority that is responsible under the law of a Party for the administration of customs laws and regulations;

  • Claims Administration means the processing of claims made under the Shared Policies, including the reporting of claims to the insurance carriers, management and defense of claims and providing for appropriate releases upon settlement of claims.

  • Behavioral health administration or "BHA" means

  • Municipal Finance Management Act means the Local Government: Municipal Finance Management Act, 2003 (Act No. 56 of 2003);

  • Administration Services means the services required for the effective and efficient administration of Bonitas and includes, but are not necessarily limited to, member record management, contribution management, benefit option management, claims processing and management, management of members’ personal, claims and financial information and any other services that are required for the administration of Bonitas;

  • Misadministration means the administration of:

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Post Office Box means each post office box to which Obligors are directed to mail payments in respect of the Pledged Loans.

  • Case management services means planned referral, linkage, monitoring and support, and advocacy provided in partnership with a consumer to assist that consumer with self sufficiency and community tenure and take place in the individual’s home, in the community, or in the facility, in accordance with a service plan developed with and approved by the consumer and qualified staff.

  • Account Manager means a Person that acts as an agent and attorney-in- fact to buy or sell Swaps via the SEF operated by BSEF in the name and on behalf of another Person. An Account Manager may also be a Participant.

  • Self-Administration of Medication means the individual manages and takes his or her own medication, identifies his or her medication and the times and methods of administration, places the medication internally in or externally on his or her own body without staff assistance upon written order of a physician, and safely maintains the medication without supervision.

  • Agency Services Address means NationsBank, N.A., NC1-001-15-04, 000 Xxxxx Xxxxx Xxxxxx, Charlotte, North Carolina 28255, Attn: Agency Services, or such other address as may be identified by written notice from the Administrative Agent to the Borrower.

  • Maritime agency services means activities consisting in representing, within a given geographic area, as an agent the business interests of one or more shipping lines or shipping companies, for the following purposes:

  • Administrative Director refers to that individual or authorized designee, empowered by the State to make final and binding executive decisions on behalf of the State.

  • Administrative Officer means anyone designated at the college as being on the administrative staff, such as the President, Chief Academic Officer, Chief Student Services Officer, etc.

  • Finance Department means the Finance Department of the Government of Assam;

  • Number Portability Administration Center or "NPAC" means one (1) of the seven (7) regional number portability centers involved in the dissemination of data associated with ported numbers. The NPACs were established for each of the seven (7) original Xxxx Operating Company regions so as to cover the fifty (50) states, the District of Columbia and the U.S. territories in the North American Numbering Plan area. "Numbering Plan Area" or "NPA" is also sometimes referred to as an area code. It is a unique three-digit indicator that is defined by the "X," "X" and "C" digits of each 10-digit telephone number within the NANP. Each NPA contains 800 possible NXX Codes. There are two (2) general categories of NPA. "Geographic NPA" is associated with a defined geographic area and all telephone numbers bearing such NPA are associated with services provided within that geographic area. A "Non-Geographic NPA," also known as a "Service Access Code" (SAC Code), is typically associated with a specialized Telecommunications Service which may be provided across multiple geographic NPA areas; 500, Toll Free Service NPAs, 700, and 900 are examples of Non-Geographic NPAs. "NXX," "NXX Code," "Central Office Code," or "CO Code" is the three- (3)-digit Switch entity code which is defined by the "D," "E" and "F" digits of a ten- (10) digit telephone number within the NANP. "Operational Support Systems" or "OSS" shall have the meaning set forth in Section 12. "Optional Testing" is testing conducted by CenturyLink, at the request of CLEC, that is in lieu of testing CLEC should complete to isolate trouble to the CenturyLink network prior to submitting a trouble ticket to CenturyLink.

  • Monitoring Officer means the officer designated under Section 5(1) of the 1989 Act.

  • Administrative Office means Liberty Life Assurance Company of Boston, 9 Riverside Road, Weston, MA 02493.

  • Sevicer Loan Address Zip Code: Rem Term: Occp Code: Appr Value: Note Date: Ceiling Lien City: Purpose: Prod Code: Curr CLTV: Prin Maturity Cr. Cr. 3561419 CA 300 14 $279,200.00 09/01/2000 2.00 45 356141900000000 11898 Crescent Drive 01 298 1 $349,000.00 06/01/2000 18.00 2 Grass Valley 95945 2 5.99 90 $34,471.39 06/01/2025 $34,900 716 3550802 CA 180 14 $252,700.00 09/02/2000 3.00 45 355080200000000 45 Cleo Court 01 178 1 $320,000.00 06/02/2000 18.00 2 Novato 94947 1 5.99 94 $46,472.83 06/02/2015 $48,000 753 3540894 CA 300 14 $204,000.00 12/02/2000 4.88 48 354089400000000 236 Center Avenue 01 298 1 $255,000.00 06/02/2000 18.00 2 Pacheco 94553 2 8.5 90 $24,348.15 06/02/2025 $25,000 636 3536787 CA 180 14 $144,000.00 09/02/2000 4.50 42 353678700000000 18714 Bainbury Street 02 178 1 $180,000.00 06/02/2000 18.00 2 Santa Clarita 91351 1 5.99 93 $21,525.92 06/02/2015 $22,500 659 3536734 CO 300 14 $112,408.00 09/02/2000 1.75 42 353673400000000 2065 Hooker Street 02 298 1 $165,000.00 06/02/2000 18.00 2 Denver 80211 2 5.99 80 $19,285.14 06/02/2025 $19,500 628 3551343 GA 180 09 $162,500.00 2.75 49 355134300000000 5097 Faversham Hil Drive 01 178 1 $203,185.00 06/02/2000 18.00 2 Suwanee 30024 1 12.25 100 $40,600.00 06/02/2015 $40,600 730 3538853 MA 180 14 $150,000.00 12/02/2000 4.00 45 353885300000000 21 Elaine Avenue 02 178 1 $200,000.00 06/02/2000 18.00 2 Peabody 01960 1 8.5 95 $39,508.76 06/02/2015 $40,000 641 3539868 FL 181 14 $78,068.00 12/02/2000 3.25 27 353986800000000 8527 Irving Road 02 179 1 $98,000.00 06/02/2000 18.00 2 Fort Myers 33912 1 8.5 93 $12,500.00 07/01/2015 $12,500 682 3535290 NJ 180 14 $336,000.00 12/02/2000 3.50 44 353529000000000 801 Westend Place 01 178 1 $420,000.00 06/02/2000 24.00 2 Cranford 07016 3 8.5 95 $63,000.00 06/02/2015 $63,000 687 3543538 WA 180 14 $320,000.00 09/02/2000 2.75 41 354353800000000 6957 N W Illich Road 01 178 1 $400,000.00 06/02/2000 18.00 2 Silverdale 98383 1 5.99 95 $22,007.38 06/02/2015 $60,000 814 3548385 NJ 300 14 $215,000.00 09/07/2000 2.25 42 354838500000000 2 Algonquin Terrace 02 298 1 $320,000.00 06/02/2000 18.00 2 Millstone 07726 2 5.99 75 $24,973.39 06/02/2025 $25,000 630 3551546 GA 180 09 $420,000.00 09/02/2000 3.75 44 355154600000000 1360 Creek Ridge Creek 01 178 1 $525,000.00 06/02/2000 18.00 2 Alpharetta 30005 1 5.99 95 $78,750.00 06/02/2015 $78,750 736 Page 187 of 318

  • Head of the Department means the administrative head of the department or the organization;

  • Chief Administrative Officer or “CAO” means the administrative head of a municipality as appointed by Council under clause 86(2)(c) of the Municipal Government Act.

  • Administrative User means any of Your employees, consultants, independent contractors or customers to whom You grant administrative permission to access the Services in accordance with Company’s entitlements and procedures and this Agreement (where “administrative permission” includes, but is not limited to, the right to create, modify and delete User accounts, as well as the right to access and modify Your billing information and other functionality available through Company’s administrative control panel).