Loan Servicing definition

Loan Servicing means those services pertaining to the Mortgage Loans which, applying Accepted Servicing Practices, are required hereunder to be performed by the Master Servicer or the Special Servicer, and which shall include but not be limited to:

Loan Servicing. As defined in Section 3.01.

Loan Servicing means the process by which the Corporation or Corporation’s designee reviews potential Eligible Homebuyers and services and monitors HOP Loans.

Examples of Loan Servicing in a sentence

• Seasoning See Lakeview Loan Servicing Seller Guide Escrow Waivers • Tax and Insurance escrows are required on all loans greater than 80% LTV • Flood insurance premiums paid by the borrower must be escrowed and cannot be waived regardless of LTV.

• This includes both Permanent Qualified Resident Aliens and Non-Permanent Qualified Aliens defined in the Lakeview Loan Servicing Seller Guide or the Residency and Eligibility Guide o DACA Borrowers are permitted (Xxxxxx Xxx HFA Preferred/DU only) subject to requirements outlined in the Residency and Eligibility Guide o Note: If closing in a Trust, the Trust beneficiaries must meet one of the above residency statuses • Loans to Limited Liability Corporations are not permitted.

• Lender to provide Lakeview Loan Servicing confirmation of all work completed and that escrow funds have been released.

• Forbearance Lakeview Loan Servicing will not purchase any loan where the borrower is actively seeking a forbearance or any loan that is in an “active” forbearance status prior to purchase by Lakeview Loan Servicing.

More Definitions of Loan Servicing

Loan Servicing. Those services pertaining to the Mortgage Loans which Master Servicer or Special Servicer must perform, applying Accepted Servicing Practices, under the terms of the Midland Servicing Agreement.

Loan Servicing means the servicing of any loan, lease or extension of credit (whether consumer, commercial, mortgage banking or otherwise, but not including financing for investment banking, or for leveraged managementbuyouts).

Loan Servicing means the servicing of a loan, lease or extension of credit including:

Loan Servicing means the servicing of any loan, lease or extension of credit (whether consumer, commercial, mortgage banking or otherwise, but not including financing for investment banking, or leveraged or management buyouts). Loan Servicing includes the following servicing activities: record keeping, billing and disbursements of principal or interest, receipt or payment of insurance premiums and taxes, credit reporting or statements of creditworthiness, determination of the depreciation amount of property (but not projections of or an appraisal for residual or future value of property) or any similar administrative activity.

Loan Servicing means the servicing of the Pledged Notes Receivable conducted by Servicing Agent hereunder.

Loan Servicing means the servicing of any loan, lease or extension of credit (whether consumer, commercial, mortgage, banking or otherwise), including but not limited to record keeping, billing and disbursements of principal or interest, receipt or payment of insurance premiums and taxes, credit reporting or statements of a customer’s creditworthiness, determination of the depreciation amount of property (but not projections of or an appraisal for residual or future value of property) relating to such loan, lease or extension of credit.Loan Servicing shall not include:

Loan Servicing means any administrative services in connection with any loan, lease, extension of credit or other funding commitment.