closing agent

closing agent

The person who performs a closing.The closing agent is typically not an agent of either party or of the lender, but simply the person entrusted to carry out all nonconflicting instructions from all parties.

References in periodicals archive ?
That means in order for a closing agent to do business with a lender, they'll need to be familiar with the lender's platform.
Log showing all changes for all related parties to the transaction, including Creditor, Closing Agent and Real Estate Agents.
Misty Ladd has been named closing agent team leader at Waco Title in Little Rock.
With limits of liability up to $5 million per claim and a $5 million annual aggregate, the XL Group/Plus Companies professional liability program is designed for US-based title agents, title abstractor, closing agent, escrow agent, or notaries with revenues up to $10 million.
Or oops, we didn't get all the loan documents to the closing agent in time.
Admitted to practice: 1994) Sanchez served as closing agent for several real estate transactions in which individuals obtained mortgage loans in order to invest the proceeds in a sports/entertainment ticket resale enterprise.
It would I be up to a closing agent to separate the fees on the form.
R-DEN-02218 and R-DEN-02219 for closing agent services.
Buyer's attorney is also closing agent for buyer's lender.
The Department of Housing and Urban Development used the technique in awarding three contracts for real estate closing agent services in Maryland.
The entire electronic recording process takes approximately five minutes and involves only one staff person and a supervisor to release the document back to the closing agent.
From the amount credited to the seller, the closing agent subtracts money to pay off the existing mortgage and other transaction costs.