Fee a ServicerServicerPrimary Person responsible for servicing the Mortgage Loan (e.g.,  the originator, the selling Lender, or a third-party servicer). receives for collecting payments, managing operational procedures, and assuming Lender'sLender'sPerson approved by Fannie Mae to sell or service Mortgage Loans. portion of credit risk for a Mortgage LoanMortgage LoanMortgage debt obligation evidenced, or when made will be evidenced, by the Loan Documents or a mortgage debt obligation with a Fannie Mae credit enhancement..