Who is responsible for servicing a loan, including sending statements and accepting payments?

The correct choice indicates that the servicer is responsible for the ongoing management of a mortgage loan after it has been originated. This includes essential tasks such as sending monthly statements to the borrower, collecting payments, managing escrow accounts, and addressing borrower inquiries.

The servicer acts as the point of contact for the borrower throughout the life of the loan, ensuring that payments are processed correctly and any potential issues are addressed promptly. This role is crucial in maintaining good communication between the borrower and the lender, helping to facilitate a smooth payment process and support for any payment-related concerns.

In contrast, the other roles within the lending environment, such as underwriters, investors, and loan processors, have distinct functions that do not primarily involve ongoing borrower interactions or loan management. Underwriters assess the risk and eligibility of borrowers during the initial loan approval phase. Investors typically purchase the loans on the secondary market, and loan processors assist in preparing and managing documentation during the application process but do not handle servicing tasks once the loan is established.