| An authorized servicer is backed by the watch company, knows factory specified procedures for facilitating the repair, and will have the parts. |
| He was previously president of Lombard, a wholly-owned Morgan Stanley non-performing loan servicer in Japan. |
| In place of the bank lender, the master servicer now holds the power to rework the loans. |
| And we've had over a million letters mailed out to borrowers at risk who have not been in contact with our servicer. |
| The published methodological changes centred mainly on cross-correlation rates, applied statistical laws, and servicer evaluations. |
| A lot of lenders who originate mortgages actually sell them off to a servicer or to some other agency to service it later on. |
