servicer

Noun

Meaning

servicer (plural servicers)

(law, finance) One who services a loan or other obligation, by collecting receivables and carrying out related actions such as enforcement

Synonyms

Phrases with the word

Examples

Borrowers in need of assistance, including VSAC borrowers, should immediately contact their student loan servicer or lender to identify the options appropriate to their circumstances. Source: Internet

“Finding mortgage servicer information is often one of the most difficult tasks in the fight against zombie foreclosures,” said Kate Lockhart, vacant and abandoned property program director of the Western New York Law Center. Source: Internet

But her servicer reported her as delinquent, according to a copy of her credit report. Source: Internet

But it’s still worth calling your loan servicer to discuss options if you’re struggling to afford payments. Source: Internet

If your mortgage isn’t backed by the federal government, potential sources of help include your mortgage servicer and your state government. Source: Internet

In this scenario, a homeowner could meet with their loan servicer or their bank to structure a deal that would enable them to pay the difference off more quickly. Source: Internet

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