Definition of "servicing" []

• Present participle of service. (verb)

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• "Mortgage servicing is a $200 billion a year business and that is not because of the flat 0.25% fee mortgage servicers receive to process the timely payments of responsible homeowners."
• "At the same time, servicing is concentrated among a few players, giving the mortgage firms little choice."
• "This study finds that servicing is cost effective when considered purely in terms of science return per dollar."