Loan Servicing, Administration, and Legal Risk

These pages cover post-closing loan administration and the legal risks tied to lender conduct.

In this section

• Lender Liability: Responsibilities and Legal Implications
  An in-depth exploration of the responsibilities of financial institutions to borrowers, including potential liability for not fulfilling loan commitments.
• Loan Agreement: Definition, Types, and Considerations
  A loan agreement documents principal, interest, repayment, covenants, collateral, defaults, and other enforceable lending terms.
• Loan Management vs. Loan Servicing: An In-depth Comparison
  Loan management covers the broader credit lifecycle, while loan servicing focuses on post-origination administration and borrower payments.
• Loan Servicing
  Ongoing administration of a loan after origination, including payment processing, record maintenance, borrower communication, and delinquency handling.
• Loan Servicing Fee
  Fee or servicing spread earned for administering a loan after origination, especially for payment processing, records, escrow handling, and delinquency management.
• Loan: Definition and Key Concepts
  A loan is a credit arrangement where a borrower receives funds or property and agrees to repay under stated terms.