### Question
How does the law define master servicer?


### Answer
Under *12 U.S.C. § 4713a*, **master servicer** is defined as:

> any entity approved by the Secretary in accordance with subparagraph (B) to oversee the activities of servicers, as provided in subsection (f)(4)

#### Citation:
  - *12 U.S.C. § 4713a*
  - Heading: **CHAPTER 47-COMMUNITY DEVELOPMENT BANKING > SUBCHAPTER I-COMMUNITY DEVELOPMENT BANKING AND FINANCIAL INSTITUTIONS**

