Definitions
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- noun law, finance One who
services a loan or other obligation, by collectingreceivables and carrying out related actions such as enforcement
Etymologies
from Wiktionary, Creative Commons Attribution/Share-Alike License
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Examples
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She adds that "borrowers are receiving so many conflicting messages," and that "working with your servicer is the most important thing you can do."
Marin Borrowers Unite Against Mortgage Firms Amir Efrati 2010
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"Not all mortgage loans are eligible for HAMP, and a participating servicer is not required to modify every HAMP-eligible loan," Bank of America's lawyers argued in August in response to a lawsuit in Arizona.
Big Banks Explain Why They Won't Give You A HAMP Modification Arthur Delaney 2010
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"Not all mortgage loans are eligible for HAMP, and a participating servicer is not required to modify every HAMP-eligible loan," Bank of America's lawyers argued in August in response to a lawsuit in Arizona.
Big Banks Explain Why They Won't Give You A HAMP Modification The Huffington Post News Team 2010
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Those employees can intervene on behalf of the Treasury if the servicer is breaking the program's rules, they said.
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Trying to get their mortgage modified, Lisa said she called her servicer, Houston-based Litton Loan Servicing, at least 47 times over 15 months.
Homeowners frustrated by delays, poor communication in federal loan program Kathleen Lynn 2010
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I called the servicer on October 7 and was told by another representative of all the documents I needed to submit.
Lisa Madigan: Mortgage Companies: Playing Loosely With the Rules of Foreclosure Lisa Madigan 2010
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I called the servicer on October 7 and was told by another representative of all the documents I needed to submit.
Lisa Madigan: Mortgage Companies: Playing Loosely With the Rules of Foreclosure Lisa Madigan 2010
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They can call their servicer -- but that often is a dead end.
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They can call their servicer -- but that often is a dead end.
Richard Zombeck: Crucial Help for Homeowners Could Never See the Light of Day 2010
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This is the same requirement that exists when the servicer is the record mortgage holder.
L. Randall Wray: Anatomy of Mortgage Fraud: MERS's Smoking Gun, Part I L. Randall Wray 2010
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