Re finance-8e - 14 - loan servicing

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Real Estate
Finance
Unit 14: : Loan Servicing

Unit 14: Loan Servicing
Transfer of Real Estate Loan Servicing
 Changes to Terms and Conditions
 Notification of Loan Servicing Transfer
 Servicing Transfer Statement
 Welcome Letter
 Mailing Payments to New Servicer
 Grace Period

Unit 14: Loan Servicing
Responsibilities of a Loan Administrator
 Payment Processing
 Late Payments
 Default and Foreclosure
 Escrow Account
 Annual Statements
 Insurance Requirements
 Types of Insurance Coverage
 Homeowners Insurance
 Fire, Extended Coverage, & Vandalism
 Earthquake Insurance
 Flood Insurance
 Insurer Eligibility

Unit 14: Loan Servicing
Real Estate Taxes
Loan Assumption and Payoff Procedures
 Assumption Request
 Payoff Request

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1. Real Estate Finance Unit 14: : Loan Servicing

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3. Unit 14: Loan Servicing Responsibilities of a Loan Administrator  Payment Processing  Late Payments  Default and Foreclosure  Escrow Account  Annual Statements  Insurance Requirements  Types of Insurance Coverage  Homeowners Insurance  Fire, Extended Coverage, & Vandalism  Earthquake Insurance  Flood Insurance  Insurer Eligibility

4. Unit 14: Loan Servicing Real Estate Taxes Loan Assumption and Payoff Procedures  Assumption Request  Payoff Request