Nev. Rev. Stat. § 645F.730
“Servicing liquidity” defined
Nevada · Nevada Revised Statutes Chapter 645F — Mortgage Lending and Related Professions · Status: effective
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- Nev. Rev. Stat. § 645F.730, “Servicing liquidity” defined, Nevada, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2141963
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“Servicing liquidity” means the financial resources necessary to manage liquidity risk arising from:
1. The functions of servicing that are required in acquiring and financing mortgage servicing rights;
2. The costs of hedging that are associated with the facilities for the mortgage servicing rights and the financing thereof, including, without limitation, margin calls; and
3. Advances or costs of advance financing for principal, interest, taxes, insurance and any other advances related to servicing.