Mortgage loan servicer definition

Mortgage loan servicer means any person who in the regular course of business assumes responsibility for servicing and accepting payments for a mortgage loan;
Mortgage loan servicer means an entity that holds itself
Mortgage loan servicer means an entity that administers or at any point administered a mortgage

Examples of Mortgage loan servicer in a sentence

  • The Servicer or any other applicable Mortgage loan servicer shall be reimbursed for such portion of the Realized Loss chargeable to the Spread Account to the extent that such Servicer or other Mortgage loan servicer has previously advanced such funds to the Bank.

  • Mortgage loan servicer default in the opposite the building a vision came into prominence, john fuller than twenty million state to virginia bowers notary normalville pa association.

  • Mortgage loan servicer did not violate automatic stay when it filed proof of claim asserting a right to increased post-petition mortgage payments under loan documents, based on Chapter 13 debtors' failure to pay pre-petition escrow payments.


More Definitions of Mortgage loan servicer

Mortgage loan servicer means a person or entity that receives or has the right to receive installment payments of principal, interest, or other amounts placed in escrow, pursuant to the terms of a mortgage loan or deed of trust, and performs services relating to that receipt or enforcement as the holder of the note or on behalf of the holder of the note evidencing that loan.
Mortgage loan servicer or "servicer" means any person who in the regular
Mortgage loan servicer means Bloomfield Servicing or any successor Servicer approved by Buyer.
Mortgage loan servicer means the servicer or special servicer of the Mortgage Loan, if any.
Mortgage loan servicer means one who performs traditional mortgage loan servicing tasks such as sending monthly payment statements; collecting monthly payments; maintaining records of payments and balances; collecting and paying taxes and insurance; remitting funds to note holders; or following up on delinquencies provided the follow-up does not include offering or negotiating loan modifications or refinances.
Mortgage loan servicer means an entity that holds itself out as being able to service loans secured by liens or mortgages encumbering real property;
Mortgage loan servicer means the person responsible for the process of receiving any scheduled periodic payments from a borrower pursuant to the terms of any mortgage loan, including amounts for escrow accounts under section 10 of the Real Estate Settlement Procedures Act, 12 USCS §2601 et seq., and premiums for credit insurance authorized bythis Part, and making the payments of principal and interest and such other payments with respect to the amounts received from the borrower to the owner of the loan or other third parties as may be required pursuant to the terms of the mortgage loan documents or servicing contract (including the person who makes or holds a loan, if such person also services the loan).