Loan servicing refers towards the administrative facets of a loan through the right time the profits are dispersed towards the debtor before the loan is reduced. Loan servicing includes giving payment that is monthly, gathering monthly obligations, keeping documents of re re re payments and balances, gathering and spending fees and insurance coverage (and handling escrow funds), remitting funds to your note owner, and following up any delinquencies. Continue reading Loan Servicing Definition. What Exactly Is Loan Servicing? →