Loan Servicing

Learn about the definition for this legal term.

What is Loan Servicing?

Most mortgage investment groups and lending institutions retain outside companies that specialize in servicing residential mortgage loans.

Further Reading

For more detailed information, see our related Security Transactions And Mortgages terms:

Pass the Bar, Guaranteed

BarPrepHero Premium offers the most complete collection of real bar exam questions licensed directly from NCBE (the organization that writes the exam).
Bar Exam starts in:
Days
Hrs
Mins
Secs
Study better now