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Glossary > M > "MBS servicing" Definition

MBS servicing

The requirement that the mortgage servicer maintain payment of the full amount of contractually due principal and interest payments whether or not actually collected.

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MBS servicing \ The requirement that the mortgage servicer maintain payment of the full amount of contractually due principal and interest payments whether or not actually collected.

MBS servicing / the requirement that the mortgage servicer maintain payment of the full amount of contractually due principal and interest payments whether or not actually collected.