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Bond types · Bond type

Mortgage Servicer Bond

Servicing concerns ongoing payment collection and account administration after origination.

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20 bonds

Purpose

Servicing concerns ongoing payment collection and account administration after origination. A financial-services form may secure defined licensing duties or the proper handling of customer funds.

Who needs it

Licensed financial businesses and individuals identifying a bond for their actual regulated activity.

Who it protects

A licensing bond does not insure borrowers against every loss or establish that an investment or lending activity is approved.

Category

Mortgage Servicer Bond bonds

Before you buy

  1. Describe serviced accounts and handling of escrow or borrower payments.
  2. List the activities performed and the legal entities performing them.
  3. Bring the licensing request and relevant account or application identifiers.

Common questions

Is the applicant servicing loans rather than only originating them?

Describe serviced accounts and handling of escrow or borrower payments. Compare that information with the exact capacity, activity and obligee named in the written request. Similar catalog labels do not establish an interchangeable form.

Is a type guide the bond I should purchase?

A type guide explains the activity. Choose a jurisdiction-associated parent listing and compare its actual source options with your written requirement; the type page is not a purchasable form.

Recorded states

All 16 states

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Choose the quote that fits, and we’ll take it from there.

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