Real Estate Closing Features
Our solutions allow for full compliance with the latest standards and requirements. Download only those products that you need, but maintain access to all our products with your subscription. Close faster with a fully integrated software package that makes sure your real estate law practice is 100% compliant and your closings are completed quickly, smoothly and effortlessly. Products include: EasyCDF, Easy HUD, Real Estate Documents and Easy Amortization.
EasyCDF – Fully TRID Compliant Real Estate Closing Software.
On October 3, 2015, the TILA–RESPA Integrated Disclosure (TRID) reporting requirements went into effect. The four forms previously used for opening and closing a loan have been replaced by two forms; one to be used at the beginning of the loan and one for when the loan closes. EasyCDF is fully TRID compliant real estate closing software. Its intuitive interface makes it easy to enter all the information you need, and then you can let the software enter the figures in the correct places on the forms.
The following are a list of the updates available with EasyCDF:
New Closing Disclosure Form: The Closing Disclosure Form will replace the former Truth in Lending Statement and the HUD-1 settlement sheet. It must be provided three business days before closing a loan.
New Closing Disclosure Delivery Schedule: The built in task list feature of EasyCDF will simplify creating a new workflow that keeps all associated jobs with closing on schedule. This includes the assurance that you are sending out the Closing Disclosure form in time for consumers to receive it in the required time line.
You’ll still get all the same great features as Easy HUD. Not only will you be fully TRID compliant with the new EasyCDF features, you’ll also have access to all of the great features that you already know and trust from Easy HUD, including:
Fully compliant with the new TILA-RESPA Integrated Disclosure (TRID) reporting requirements, EasyCDF provides an easy-to-use interface to complete the Closing Disclosure form. Simply enter the required information, and EasyCDF helps complete the forms
for easier, errorless documents.
Easy HUD also includes an automated and balanced ledger an electronic 1099-S filing service to easily prepare 1099-S substitute and exemption forms. There are specific instances when Easy HUD will be used
even when the new real estate law changes
come into effect.
Real Estate Documents simplifies the closing process with centralized data entry, forms automation, and improving accuracy on your closing forms. Choose from the library of more than 200 real estate closing forms, including common and state-specific forms.
Increase productivity and generate error-free litigation forms and amortization schedules more quickly. Generate and edit fully customizable amortization schedules, including Bi-Weekly, Ballooning, Interest Only, Variable Payment and Extra Principals schedules.