servicing servicing  /ˈsɜr vɪ sɪŋ/

Definition(s):

  • (n) the act of mating by male animals

Usage(s):

  1. How to facilitate and encourage appropriate intervention by loan servicing companies at the earliest signs of borrower difficulty.
  2. It is to be a test track for new ways of making, selling and servicing cars.
  3. From the beginning of the '80s through 2007, the share of disposable income that each household spent servicing its mortgage and consumer debt increased 35%.

News

  1. Harris to Lead Business Development at Loan Portfolio Servicing and Caprock Auto Remarketing

    Loan Portfolio Servicing (LPS) and Caprock Auto Remarketing announced Greg Harris has joined the two sister companies as director of business development. Harris brings nearly 30 years experience in subprime auto finance, auction sales and vehicle remarketing to this position.
    on June 15, 2013     Source: Vehicle Remarketing

  2. Ocwen To Buy Mortgage Servicing Rights From OneWest Bank For $2.53 Bln

    Loan servicing company Ocwen Financial Corp. (OCN) said Thursday that it has agreed to buy mortgage servicing rights and related servicing advance receivables from California-based OneWest Bank, FSB for $2.53 billion.
    on June 14, 2013     Source: RTT News

  3. Ocwen to buy mortgage servicing rights from OneWest Bank for $2.53 billion

    (Reuters) - Ocwen Financial Corp said it would buy mortgage servicing rights and related advances from OneWest Bank for $2.53 billion, the latest in a string of acquisitions that have fuelled the company's ...
    on June 14, 2013     Source: Reuters via Yahoo! Finance

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cursory cursory
/ˈkɜr sə ri /