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 ?
Ellen has more than 25 years of experience in the real estate industry, serving as a Title Closing Agent, Mortgage Loan Officer, and Realtor.
Misty Ladd has been named closing agent team leader at Waco Title in Little Rock.
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.
It was also thought that at the time of closing, a small amount of cash and bonds, which were to be exchanged for the amounts not yet reconciled, would be placed in escrow with the closing agent, Citibank, N.
R-DEN-02218 and R-DEN-02219 for closing agent services.
If necessary, investigators can focus on determining the amount and source of fraudulent funds provided to the closing agent.
Part V introduces a promising model for law reform--the "one-touch" model--under which a responsible closing agent might deliver a closing-table satisfaction document on the mortgagee's behalf once the agent has disbursed full payment to the mortgagee pursuant to the mortgagee's payoff statement.
Along with the prospective homeowner, there's the seller, the closing agent, the title insurance representative, and the escrow agent.
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.