Loan Services
Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing Administration (FHA) or guaranteed by the Department of Veterans Affairs (VA)). Because GSEs and private loan investors typically do not service the mortgage loans that they purchase, the bank who sells the mortgage will generally retain the right to service the mortgage pursuant to a master servicing agreement.
Contact Information
The payments collected by the mortgage servicer are remitted to various parties; distributions typically include paying taxes and insurance from escrowed funds, remitting principal and interest payments to investors holding mortgage-backed securities (or other types of instruments backed by pools of mortgage loans), and remitting fees to mortgage guarantors, trustees, and other third parties providing services. The level of service varies depending on the type of loan and the terms negotiated between the servicer and the investor seeking their services, and may also include activities such as monitoring delinquencies, workouts/ restructurings and executing foreclosures.
- DEEPAK NANDWANA
Call - 9928801989
Email - [email protected]
- DIWAKAR SINGH
Call - 9730791276
Email - [email protected]
- ANVAR
Call - 9022556788
Email - [email protected]
- VIPIN SINGH
Call - 9029998183
Email - [email protected]
- RAYANTI R. RATHOD
Call - 9892329632
Email - [email protected]
- CHETAN KHARKAR
Call - 9967329144
Email - [email protected]