Finance
A Vermont mortgage servicer is responsible for:
AOriginating new mortgage loans
BCollecting monthly payments, managing escrow accounts, and handling defaults on behalf of the loan owner✓ Correct
CAppraising properties for lending purposes
DIssuing title insurance policies
Explanation
A mortgage servicer manages the day-to-day administration of mortgage loans — collecting payments, managing tax and insurance escrow accounts, remitting funds to investors, and handling delinquencies and defaults.
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