All the management and operational procedures that the mortgage company handles for the life of the loan, up through foreclosure if necessary, including: collecting the mortgage payments, ensuring that the taxes and insurance charges are paid promptly, and sending an annual report on the mortgage and escrow accounts.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). servicing. Retrieved September 20, 2026, from http://smartdefine.org/servicing/definitions/1163346 |
| Chicago | Barry Goldsmith. 2010. "servicing" http://smartdefine.org/servicing/definitions/1163346 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, servicing, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/servicing/definitions/1163346>. |
| MLA | Barry Goldsmith. "servicing" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/servicing/definitions/1163346> |