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Mortgage servicers include bank-related entities, thrift-related entities, and mortgage bankers. There are five sources of revenue from mortgage servicing. Describe two of these five sources.
Accounts Receivable
Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.
Confidence Coefficient
The probability level associated with a confidence interval, indicating the degree of certainty that the parameter lies within the interval.
Population Distribution
The spread of characteristics or variables across all members of a defined group or population.
Confidence Interval
A range of values, derived from sample statistics, that is believed, with a certain level of confidence, to contain the population parameter of interest.
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