: An Overview of Mortgages and the Mortgage Market

Loan originators

Loan originators underwrite and fund loan production.

Loan Services

However, once a loan is closed, an infrastructure is required for collecting and accounting for principal and interest payments, remitting property taxes, dealing with delinquent borrowers, and managing the process of foreclosing on nonperforming loans. Entities that provide these functions are called servicers

NA

NA

na

na