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  2. Your mortgage statement explained - AOL

    www.aol.com/finance/mortgage-statement-explained...

    Payment due date: Most mortgage payments are due on the first of the month. If you’re set up with auto-payments, this due date serves as a reminder of when those funds come out of your bank account.

  3. How long should I keep mortgage statements and documents? - AOL

    www.aol.com/finance/long-keep-mortgage...

    Past payment breakdown: Here, you’ll get a glimpse of the progress you’ve made on your mortgage balance. It can include the amount you paid last month and the total so far this year.

  4. Deed of reconveyance: What it is and how it works - AOL

    www.aol.com/finance/deed-reconveyance-works...

    Once you pay off your mortgage, the mortgage lender — also referred to as the “trustee” — creates the deed of reconveyance document. The lender then signs this document and has it notarized.

  5. Loan servicing - Wikipedia

    en.wikipedia.org/wiki/Loan_servicing

    Loan servicing is the process by which a company (mortgage bank, servicing firm, etc.) collects interest, principal, and escrow payments from a borrower. In the United States, the vast majority of mortgages are backed by the government or government-sponsored entities (GSEs) through purchase by Fannie Mae, Freddie Mac, or Ginnie Mae (which purchases loans insured by the Federal Housing ...

  6. HomeServices of America - Wikipedia

    en.wikipedia.org/wiki/HomeServices_of_America

    HomeServices of America is the United States' largest residential real estate services company, based on closed transactions. The company provides real estate brokerage services, mortgage loan origination, franchising , title insurance / escrow and closing services, home warranties , property insurance , casualty insurance , and relocation ...

  7. Mortgage servicer - Wikipedia

    en.wikipedia.org/wiki/Mortgage_servicer

    A mortgage servicer is a company to which some borrowers pay their mortgage loan payments and which performs other services in connection with mortgages and mortgage-backed securities. The mortgage servicer may be the entity that originated the mortgage, or it may have purchased the mortgage servicing rights from the original mortgage lender. [ 1 ]

  8. Missing mortgage payments: How many can I miss before ... - AOL

    www.aol.com/finance/missing-mortgage-payments...

    Missed payment: You miss your mortgage payment and the 15-day grace period passes. You incur late fees and might receive a call or letter from your lender about the missed payment.

  9. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. The monthly payment formula is based on the annuity formula. The monthly payment c depends upon: r - the monthly interest rate. Since the quoted yearly percentage ...