What Type of Entities Are Mortgage Servicing Companies?
Updated 18 days ago (March 6, 2026)
Mortgage servicers can be lenders themselves or can be non-bank specialty servicing companies. The main difference between these entities is that the latter does not loan you funds and is only allowed to manage the operational aspects of the loan, whereas the former is able to loan funds and can also manage the loan itself.
Tellus TIP:
The growing prominence of non-bank specialty servicing companies should not be underestimated: as of today, nearly half of loan servicing companies are not banks.
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