Watchlist Sign Up/Login

News
Business
New ASX Scan
Trending Stocks
Companies
New Investing Tips
Markets
Markets

Catch the latest updates from Australia's premier stock exchange & market indices.
- ASX Indices
- ASX 20
- ASX 50
- ASX 100
- ASX 200
- ASX 300
- All Ordinaries
- All Scans
- IPO
- Money
Kalkine TV
Crypto

Definition

#
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W
X
Y
Z

Related Definitions

Loan Servicing

Updated on August 21, 2024

Loan servicing is the process by which a company such as a mortgage bank or any servicing firm collects principal, interest, as well as escrow payments from a borrower.

Loan servicing involves collecting monthly payments and sending the same, maintaining records of balances and payments, taxes and insurance payment and collection, remitting assets to the note owner, and following up on delinquencies.

Advertise With Us

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.