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2. Loan servicing - Wikipedia

   en.wikipedia.org/wiki/Loan_servicing

   Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...

3. Mortgage lender vs. servicer: What’s the difference? - AOL

   www.aol.com/finance/mortgage-lender-vs-servicer...

   These lenders often hand that task off to a mortgage servicing company. ... The effective date is when the first mortgage payment is due at the new servicer’s address. The new servicer must send ...

4. Mortgage servicer - Wikipedia

   en.wikipedia.org/wiki/Mortgage_servicer

   A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]

5. Bank of America Home Loans - Wikipedia

   en.wikipedia.org/wiki/Bank_of_America_Home_Loans

   Bank of America Home Loans is the mortgage unit of Bank of America. It previously existed as an independent company called Countrywide Financial from 1969 to 2008. In 2008, Bank of America purchased the failing Countrywide Financial for $4.1 billion. In 2006, Countrywide financed 20% of all mortgages in the United States, at a value of about 3. ...

6. Biweekly mortgage payments: What they are and how they work - AOL

   www.aol.com/finance/biweekly-mortgage-payments...

   If your lender allows biweekly payments and applies the extra payments directly to your principal, you can simply send half your mortgage payment every two weeks. If your monthly payment is $2,000 ...

7. Who's servicing your mortgage? - AOL

   www.aol.com/news/2009-12-07-whos-servicing-your...

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