Finance
A mortgage servicer is responsible for:
AOriginating mortgage loans
BCollecting monthly payments, managing escrow accounts, and handling loan-related administrative tasks✓ Correct
CAppraising properties for loan purposes
DSetting interest rates for mortgage products
Explanation
A mortgage servicer collects monthly payments, manages escrow accounts, handles customer service, and administers the loan after origination — they may or may not be the same entity as the original lender.
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