Servicing Rights and Servicer Roles

This section covers the operating rights and roles involved after a mortgage has been originated.

It is useful for understanding who collects payments, administers the loan, and owns the economics of mortgage servicing rights.

In this section

• Mortgage Servicer
  Company that collects mortgage payments, manages escrow, and handles the day-to-day administration of a home loan on behalf of the loan owner.
• Mortgage Servicing Rights (MSR)
  Asset representing the contractual right to service mortgage loans and receive servicing income tied to those loans.
• Mortgage Servicing: Administration of a Mortgage Loan
  Comprehensive Explanation of Mortgage Servicing, Including Collection of Payments, Principal and Interest Management, Escrow Services, and Handling Defaults.
• Servicing: Regular Maintenance and Financial Management
  An in-depth look at the concept of servicing including its general application in equipment maintenance and its specialized role in financial loan management.