FAQs: Loan Definition

How do I enter a Settlement Agent?

At transaction time on the Loan Definition page, in addition to selecting Other (User Defined) to define a Settlement Agent and Settlement Agent Contact, you can select from the settlement agents and settlement agent contacts entered in Administration.

The information entered in Administration for the chosen settlement agent and settlement agent contact prints to the Contact Information section on the Closing Disclosure. Other (User Defined) remains in the list as a way for you to enter a settlement agent and/or settlement agent contact that may not be listed in Administration.