Examples of Loan Servicer in a sentence
Borrower understands that the Loan Servicer or other authorized representative of Lender has the right and authority to take any such action.
Lender may take any action permitted under this Security Instrument through the Loan Servicer or another authorized representative, such as a sub-servicer.
The Loan Servicer has the right and authority to: (a) collect Periodic Payments and any other amounts due under the Note and this Security Instrument; (b) perform any other mortgage loan servicing obligations; and (c) exercise any rights under the Note, this Security Instrument, and Applicable Law on behalf of Lender.
If there is a change of the Loan Servicer, Borrower will be given written notice of the change which will state the name and address of the new Loan Servicer, the address to which payments should be made, and any other information RESPA requires in connection with a notice of transfer of servicing.
The Loan Servicer may change one or more times during the term of the Note.