What is a Mortgage Servicer?

November 29, 2009 by Rob Spring · Leave a Comment 

Mortgage Servicing
Your monthly mortgage payments are handled by what is known as a mortgage servicer. The mortgage servicer is responsible for collecting your monthly payments and handling your escrow account.
Your escrow account is a special account held in your name to pay obligations such as property taxes, insurance premiums, and other escrow items. The mortgage [...]