Definition of "servicers" [servicers]

• Plural form of servicer. (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

• "Wells Fargo & Co., one of the country's largest home lenders and loan servicers, is among the companies being targeted by Families Fighting Foreclosure."
• "Experts in mortgage processes, housing law and bankruptcy say the practices employed by the big mortgage originators, securitizers and servicers is largely flawed, and that in some cases the basic process of how a loan came to be securitized and sold can be legitimately questioned."
• ": Despite repeated attempts and many hours of effort, many homeowners report they repeatedly get put on hold when they call servicers or bounced from one person to another without receiving any meaningful assistance."