Introduction to Mortgage Servicing Training - October 2023

Internal Use Only

The Lender

Generally, there are 2 ways: 1. Lender decides to service the loan itself 2. Lender sells the right to service the mortgage After the loan is closed, the lender decides who services the mortgage

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Internal Use Only

Insurers & Guarantors

• Offer protection that the Most important players

owners of the loans will be paid the principal & interest

• Create guidelines that servicers must follow

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