Servicer Definition

Servicer Sentence Examples

• Whether or not the money in the escrow account earns any interest is up to your lender or servicer, but most mortgage companies that do pay interest only pay miniscule amounts.

• These products, and the other insurance products offered through the partner companies, are optional and aren't required as a term of having Option One as a mortgage servicer.

• You do not want to avoid your mortgage servicer when your payments are in danger of falling behind, and you may be pleasantly surprised by how much assistance you can actually get from these professionals.

• A forbearance agreement was not followed by the servicer.

• If a borrower loses the court action, the foreclosure action continues and the borrower usually has to pay any court costs incurred by the lender or servicer.