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mortgage servicing

См. также в других словарях:

  • Mortgage Servicing Rights - MSR — A contractual agreement where the right, or rights, to service an existing mortgage are sold by the original lender to another party who specializes in the various functions of servicing mortgages. Common rights included are the right to collect… …   Investment dictionary

  • mortgage servicing — The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default , involved with a mortgage loan. Bloomberg Financial Dictionary …   Financial and business terms

  • mortgage servicing — The responsibilities (which may be undertaken by a service company hired by the original lender) of mortgage lending, such as collecting installment payments, releasing liens, initiating foreclosure upon default, etc …   Black's law dictionary

  • mortgage servicing — The responsibilities (which may be undertaken by a service company hired by the original lender) of mortgage lending, such as collecting installment payments, releasing liens, initiating foreclosure upon default, etc …   Black's law dictionary

  • Mortgage loan — Mortgage redirects here. For other uses, see Mortgage (disambiguation). Finance Financial markets …   Wikipedia

  • Mortgage servicer — A mortgage servicer is the company that borrowers pay their mortgage loan payments to. Mortgage servicers either purchase or retain mortgage servicing rights that allow them to collect payments from borrowers in return for a servicing fee. The… …   Wikipedia

  • Mortgage Par Rate — An interest rate used as the reference point for which a mortgage lender will neither pay a rebate (yield spread premium or negative points) or require discount points for a mortgage. Also, an interest rate used as a reference point for which a… …   Investment dictionary

  • Servicing Strip — A security created by the stream of cash flows that result from the servicing fee on a mortgage. Servicing strips trade in a secondary market much like mortgage backed securities do; the seller of the servicing strip has the ability to service… …   Investment dictionary

  • Servicing Fee — A percentage of each mortgage payment made by a borrower to a mortgage servicer as compensation for keeping a record of payments, collecting and making escrow payments, passing principal and interest payments along to the note holder, etc.… …   Investment dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

  • mortgage — /morgaj/ A mortgage is an interest in land created by a written instrument providing security for the performance of a duty or the payment of a debt. At common law, an estate created by a conveyance absolute in its form, but intended to secure… …   Black's law dictionary

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