### Question
How is the term servicer defined?


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

> an entity designated by the issuer to perform various servicing duties, as provided in subsection (f)(3)

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

