EXCESS LOAN SERVICING - an asset established when loans are sold to yield a rate to the buyer that is h...
EXCESS MARGIN - Equity present in an individual's account above the legal minimum required for a margin...
Loan Servicing
After you obtain a loan, the company you make the payments to services your loan.
Loan Servicing
After a loan is granted, it must be maintained by the lender to ensure the loan terms are met. Servicing a loan involves collecting payments, keeping accounting records, computing interest and principal, etc.
Life-of-Loan Servicing
The company that services the loan (the source of customer service interaction with the borrower) does not change for the life of the loan.
Loan servicing abuse, single source mortgage insurance, racial discrimination, lack of borrowers' negotiation awareness and unclear mortgage loan terms and conditions are of the most common predatory lending approaches.
The portion of gross yield that remains after all costs, such as loan servicing and reserves, are deducted.
COOLING-OFF PERIOD ...
To learn more about this rule check out YouCanDealWithIt.com, a Web site from American Education Services (AES) and FedLoan Servicing.
Most CCC loans are made through the FSA, a division of the US Department of Agriculture, but they can also be made by a licensed, private party, loan servicing agents or cooperative marketing associations.
Loan servicers also monitor nonperforming loans, contact delinquent borrowers, and notify insurers and investors of potential problems. Loan servicers may be the lender or a specialized company that just handles loan servicing under contract with ...
Student Loan Program (FDSLP) includes the Federal Direct Stafford Loan (Subsidized and Unsubsidized) and the Federal Direct Parent Loan for Undergraduate Students (PLUS). For more information about Direct Loans, contact the Direct Loan Servicing ...
 See also: Expense, Grace, Grace period, Net yield, Bank line
  
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