1. Yet still his outgoings, swollen by servicing the loans, were not covered in their entirety. 2. The company was unable to service the loan. 3. Many of the loans are packaged and sold to investors with Equicredit servicing the loan for a fee. 4. Since the smaller mortgages would require lower payments, HUD could reduce the monthly rents that service those loans, Cuomo said. 5. So at least until next year, our profits will be used to service those loans. 6. The company originates, sells and services mortgage loans. 7. The law heaps responsibilities on lenders and those who service the loans to make sure borrowers buy and keep flood insurance. 8. This is because servicing loans to low-income clients is so profitable, the spokeswoman said, adding that Frances received other offers as well. 9. Wages that once went into savings now service the loans, the thinking being that rich stock portfolios already provide for a comfortable future retirement. 10. After all, high interest rates would mean that businesses would face prohibitively expensive loans and face problems servicing loans, further eroding precious cash flows. |