Finance
In Ohio, a 'mortgage servicer' is responsible for:
AOriginating and underwriting new mortgage loans
BCollecting payments, managing escrow accounts, and handling loan default management after origination✓ Correct
CAppraising properties for mortgage qualification
DApproving or denying loan applications
Explanation
A mortgage servicer manages the day-to-day activities of existing loans — collecting payments, maintaining escrow accounts for taxes and insurance, handling customer service, and managing delinquencies and foreclosures.
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