Meaning MORTGAGE SERVICING: The collection of monthly payments and penalties, record keeping, payment of insurance and taxes, and possible settlement of default, involved with a mortgage loan
More terms such as Mortgage servicing in Dictionary M.
- Definition Mutual Exclusion Doctrine:
- Examples The tenet that rules municipal bond interest is federal tax-free. In return for this federal tax exemption, states and localities cannot tax interest generated by federal government securities mortgage servicing definition.
- Definition Money Market:
- Examples Money markets are for borrowing and lending money for three years or less. The securities in a money market can be U.S. government bonds, Treasury bills and commercial paper from banks and companies mortgage servicing explain.
- Definition Milan Stock Exchange:
- Examples The largest regional stock exchange in Italy, facilitating more than 90% of the country's trading volume mortgage servicing what is.
- Definition Mortgage-Backed Securities (MBS):
- Examples Investment instruments backed by a pool of mortgage loans mortgage servicing meaning.
- Definition Municipal Notes:
- Examples Short-term notes issued by municipalities in anticipation of tax receipts, proceeds from a bond issue, or other revenues mortgage servicing abbreviation.
