loan servicing
noun[U]
ukusFINANCE
theprocessofcollectingandkeepingrecordsofpaymentsfrom apersonororganizationthat hasborrowedmoney:
loan servicing company/departmentThecompanywasforcedtosellitsloanservicingdepartment.
Examplesofloan servicing
loan servicing
Prosper verifies borrowers' identities and select personal data before funding loans and manages all stages ofloanservicing.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Its four operating units were mortgage portfolio management, mortgage lending,loanservicingand branch operations.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.After seeing the loss of his father's property inloanservicinghe decided to build a property unable to be taken by anyone.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Loanservicingcovers everything after disbursing the funds until the loan is fully paid off.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Annualloanservicingcosts are an estimated $50 million.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Their two primary sources of revenue are from loan origination fees, andloanservicingfees (provided they are a loan servicer).
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The products built into the platform provide lenders with the tools needed to complete credit decisioning, loan origination, loan participation and syndication,loanservicingand demand generation activities.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The lead bank typically originates the loan, takes responsibility for theloanservicingof the participation loan, organizes and manages the participation, and deals directly with the borrower.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It paid allloanservicing, defence and the central secretariat.
From theCambridge English Corpus
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.