the steps and operations a lender performs to keep a loan in good standing, such as collection of payments, payment of taxes, insurance, property inspections and the like.

An ongoing process of collecting and applying the monthly payment against your mortgage balance. It also includes the collecting and accounting of monthly escrow payments used for the payment of your annual tax and/or hazard insurance.

The ongoing process of collecting monthly mortgage payments It includes accounting for and payment of yearly tax and homeowner's insurance bills.