Mortgage servicing

Administering a Mortgage. Includes calculating Principal and Interest, collecting payments from the Mortgagor, acting as an escrow Agent, and foreclosing in the event of a Default.

Related Terms: 12 Agent, CLO, CLU, Closing, Default, Escrow, Interest, Inc., Mortgage, Mortgagor, Principal, Ring

Other Related Pages: Category: Real_Estate Starting With: M

Additional Related Terms: Allowance for depreciation, Agent bank, Accrual of discount, Accrued interest, Amortization of premium, At par, Agent, All or any part, At best, At call