Fast, accurate and more efficient closings are possible with the Easysoft automated Closing Disclosure

Stay TILA-RESPA Compliant with the Easysoft Closing Disclosure (CD)

  • Automatic Calculation
  • Faster Closings
  • Simple 1099-S Filing
  • Fully TRID Compliant

About the TILA-RESPA Integrated Disclosure reporting requirements

Under §§ 1098 and 1100A of the Dodd-Frank Act (codified at 12 U.S.C. 2063(a) and 15 U.S.C. 1604(b)), the CFPB was directed to publish rules and forms that combine certain disclosures consumers receive when applying for and closing on a mortgage loan under TILA and RESPA. The CFPB therefore amended Regulation X of RESPA and Regulation Z of TILA, establishing new disclosure requirements and forms in Regulation Z for most closed-end consumer credit transactions secured by real property. The final rule also provides extensive guidance regarding compliance with those requirements. The new Closing Disclosure (CD), found inside of Easysoft Real Estate Software, is essential to legal professionals and title agents working with clients. The CFPB designed the form to provide disclosures that would be helpful to consumers in understanding all the costs of the mortgage loan transactions. Easysoft Real Estate Software is designed to help attorneys and their staff quickly, accurately, and easily complete the CD and accurately calculate all aspects of the closing.

About Easysoft Software and the Automated Closing Disclosure Form (CDF)

The built-in list of features found inside of Easysoft real estate software helps simplify the workflow for attorneys and their staff, keeping all parts of the closing process unified, compliant and error-free. This includes the assurance that the Closing Disclosure form is sent on time for consumers to receive it in the required timeline

Not only does the web-based software help attorneys and their staff remain fully TRID compliant but the Closing Disclosure software features:

  • Automatic calculations
  • The ability to export to the ledger
  • E-signatures
  • Paperless 1099-S filling
  • Compliant and easy-to-complete Closing Disclosure Form
  • Central data collection
  • Access to important files anywhere, anytime

See How Easysoft Legal Software Works

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