Someone who collects the payments on the securitized loans and passes on those payments to the trustee is called:

Question

Quizplus · Accepted Answer

The servicer is responsible for collecting payments from borrowers and passing them on to the trustee, who then distributes these payments to investors. They also perform tasks such as managing delinquent loans, handling defaults and foreclosures, and ensuring compliance with relevant regulations.

Someone Who Collects the Payments on the Securitized Loans and Passes