# Service agent (servicer)

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- Post ID: 588909
- Modified: 2023-07-25T21:14:08+00:00
- Language: en

## Definition

Unless otherwise defined, in a securitization, the entity that ensures the flow of payments arising from the pool. - In Europe, the role of servicing agent is usually performed by the originator; elsewhere, one may also find a financial manager appointed by the SPV. - See special purpose vehicle, special purpose vehicle staff. - ECB Monthly Bulletin, February 2008, p. 90 (diagram of relationships between originator, service agent, trustee and investor). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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