servicing
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servicing — The collection of principal, interest, and sometimes property taxes from borrowers; accounting for the cash flows due and the cash flows received; and remitting the cash flows to the entitled recipients. American Banker Glossary * * * service… … Financial and business terms
servicing — See common servicing; cross servicing; joint servicing. See also inter Service support … Military dictionary
servicing — ser|vic|ing [ˈsə:vısıŋ US ˈsə:r ] n [U] when a machine or vehicle is examined and things are done to keep it working well ▪ The new model is quieter, needs less servicing and is more fuel efficient … Dictionary of contemporary English
servicing — priežiūra statusas T sritis automatika atitikmenys: angl. maintenance; monitoring; service; servicing vok. Bedienung, f; Betreuung, f; Dienstleistung, f; Unterhaltung, f; Wartung, f rus. обслуживание, n; техническое обслуживание, n pranc.… … Automatikos terminų žodynas
servicing — techninė priežiūra statusas T sritis Gynyba apibrėžtis Valymas, tepimas, papildymas, tikrinimas ir smulkus remontas, būtini, kad technika (įranga) būtų tinkama eksploatuoti. Kartais priežiūra gali apimti ir šaudmenų krovimą ar užtaisymą.… … NATO terminų aiškinamasis žodynas
servicing — noun the act of mating by male animals the bull was worth good money in servicing fees • Syn: ↑service • Derivationally related forms: ↑service (for: ↑service), ↑service … Useful english dictionary
Servicing Strip — A security created by the stream of cash flows that result from the servicing fee on a mortgage. Servicing strips trade in a secondary market much like mortgage backed securities do; the seller of the servicing strip has the ability to service… … Investment dictionary
Servicing Fee — A percentage of each mortgage payment made by a borrower to a mortgage servicer as compensation for keeping a record of payments, collecting and making escrow payments, passing principal and interest payments along to the note holder, etc.… … Investment dictionary
servicing spread — A percentage of a loan s or security s principal amount that is paid to a third party as compensation for servicing. For example, in a mortgage pass through security, the interest paid to the investors is typically one half percent less than the… … Financial and business terms
servicing — serv·ice || sÉœrvɪs / sÉœËvɪs n. act of providing; act of offering; work, labor; function, role; set of dishes; religious ceremony; offer, presentation; help, aid; act of putting a ball into play (Sports); military, armed forces v. provide… … English contemporary dictionary
