The Closing Disclosure (CD) forms can now be printed from any file where the Closing Disclosure has been assigned as the settlement statement. In open files you can convert the current HUD forms to Closing Disclosures by accessing the HUD Maintenance screen from the Escrow Accounting menu and clicking on the button at the bottom of the screen labeled "Change to Closing Disclosure". On new files you can select the Closing Disclosure from the HUD Type drop-down menu on the create file screen.
To print the Closing Disclosure you will see a new document package in the generate documents or document management screen labeled "Closing Disclosure". In this document package you will find two documents the full "Closing Disclosure" and the seller's disclosure labeled "Closing Disclosure - (Seller Only)". These documents will only appear if the Closing Disclosure has been assigned the settlement statement for that file.
Over the next several weeks we will be working to implement the ALTA Settlement Statements which can be used in conjunction with the Closing Disclosure at the time of settlement. We will also be working on an import/export feature for the UCD/MISMO data set. Stay tuned for more updates.
Marc
Marc Hall
VP, Sales and Marketing
marc.hall@e-closing.com