One who services a loan or other obligation, by collecting receivables and carrying out related actions such as enforcement(noun)
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Use "servicer" in a sentence
"She adds that "borrowers are receiving so many conflicting messages," and that "working with your servicer is the most important thing you can do.""
""Not all mortgage loans are eligible for HAMP, and a participating servicer is not required to modify every HAMP-eligible loan," Bank of America's lawyers argued in August in response to a lawsuit in Arizona."
"Those employees can intervene on behalf of the Treasury if the servicer is breaking the program's rules, they said."