<p>"Life of Loan servicing with our Servicer - Nelnet" does this mean that they won't sell my loan?
ans: No. Who buys your loan has no bearing on who services the loan. </p>
<p>M & T Bank is the Producer (seller) and will make a commission. M & T Bank probably is the lender. The loan consists of at least 4 parts: the principal, the interest, guarantor and the servicing. Each part of the loan has an associated cost and is "sold" to investors who want a certain amount of risk-reward. The MT Bank wants to reduce its risk in loans and/or wants to replenish it money pool for further loans and thus will probably sell the loan. </p>
<p>Poor selection and outright fraud will result in our current situation in subprime lending and its resulting consequence to the economy. </p>
<p>Good topic for Business, Econ students, Political Science students.</p>