Glossary entry (derived from question below)
English term or phrase:
loan servicing agent
Portuguese translation:
corretor de serviço da dívida (ou do empréstimo)
Added to glossary by
Diana Coada (X)
Nov 24, 2010 14:55
13 yrs ago
3 viewers *
English term
loan servicing agent
English to Portuguese
Bus/Financial
Finance (general)
Sellers must have the underwriting and monitoring capabilities necessary to effectively service individual loans. If not, they must either build internal systems or outsource to appropriate loan servicing agents.
Proposed translations
(Portuguese)
4 | corretor de serviço da dívida (ou do empréstimo) | Salvador Scofano and Gry Midttun |
Proposed translations
4 mins
Selected
corretor de serviço da dívida (ou do empréstimo)
Loan servicing is the process by which a mortgage bank or subservicing firm collects the timely payment of interest and principal from borrowers. The level of service varies depending on the type of loan and the terms negotiated between the firm and the investor seeking their services.
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