### Question
How is the term master servicer defined?


### Answer
The term **master servicer** is defined in *12 U.S.C. § 4713a* as the following:

> 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**

