Loan Servicer - Law Dictionary Search Results
loan servicer
Matched in: Term loan servicer
bank
bank : an organization for the custody, loan, or exchange of money, for the extension of credit, and for facilitating the transmission of funds branch bank … accounts and commercial loans) cooperative bank : an association (as a credit union) owned by and offering banking services for its members ;specif : savings and loan association depositary bank : the first bank to take a
servicing
servicing the collection of mortgage payments from borrowers and related responsibilities of a loan servicer. Source: U.S. Department of Housing and Urban Development
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originate
originate -nat·ed -nat·ing vt : to give rise to ;specif : to issue (a mortgage loan) usually for subsequent sale in a pool of mortgage loans to a secondary market compare service vi : … (a mortgage loan) usually for subsequent sale in a pool of mortgage loans to a secondary market compare service vi : to take or have origin orig·i·na·tion [ə-ri-jə-nā-shən] n orig·i·na·tor [ə-ri-jə-nā-tər] n
credit union
credit union : a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts) … a cooperative association that makes small loans to its members at low interest rates and offers other banking services (as savings and checking accounts)
Repayable
Capable of being or proper to be repaid due as a loan repayable in ten days services repayable in kind … Capable of being or proper to be repaid due as a loan repayable in ten days services repayable in kind
Current account transaction
and short-term banking and credit facilities in the ordinary course of business, (ii) payments due as interest on loans and as net income from investments, (iii) remittances for living expenses of parents, spouse and children residing abroad, … generality of the foregoing such transaction includes-- (i) payments due in connection with foreign trade, other current business, services, and short-term banking and credit facilities in the ordinary course of business, (ii) payments due as interest on
construction loan
Matched in: Term construction loan
service
: to meet interest and sinking fund payments on (debt) [didn't have the cash flow to a large loan] b : to collect payments and maintain a payment schedule for (a loan) esp. after sale of the … service 1 : the act of delivering to or informing someone of a writ, summons, or other notice as
Fiscal deficit
the consolidated fund of the State (excluding repayment of debt) over the sum of revenue receipts, recovery of loans and non-debt capital receipts into the fund during a financial year, Rajasthan Agricultural Produce Markets Act, 2005, s. … non-debt receipt and thus represents those borrowing requirement, net of repayment during the year which needs to be serviced by way of internet and principal repayment, Maharashtra Fiscal Responsibility and Budgetary Management Act, 2005, s. 2(c). Means
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