11-14.Servicing a pool of loans may NOT include:

Name: 11-14.Servicing a pool of loans may NOT include:
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

Servicing a pool of loans typically involves collecting monthly payments, maintaining an escrow account for property taxes and hazard insurance, and making claims to the mortgage insurance for losses on defaulted loans. However, sending notices of default to the government is typically associated with foreclosure proceedings and is not part of loan servicing.

11-14.Servicing a Pool of Loans May NOT Include