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Automated Closing Expert System Features


Statement of Purpose

eClosing” application calculates and analyzes all the amounts involved in a real estate E-closing process (including taxes, assessments, interests, etc.), according with U.S. law system, having different templates and business rules for each American State. The program facilitates the preparing and printing process of the legal documents.


Features & Benefits

  • Closings are done by retrieving the documents from the web, printing them, scanning the signed documents, and returning them signed
  • Buyer views a checklist before closing including the amount need for closing
  • Buyer can view all docs before closing
  • Bank participates in title premium.




eClosing Supplementary Closing Info Forms

  • Tenancy / Trust / Deed Clauses
  • Loan Type
  • Mortgage Information
  • Recording Information
  • Title Insurance rates
  • Texts For Reports
  • Name Spouse Deed and Mort

eClosing HUD
(form for Department of House and Urban Development)

  • HUD One Precalculation
  • HUD One Page Two
  • HUD One Page One

Time Savers Forms

  • Lenders
  • County
  • City
  • Attorney
  • Title Insurance
  • Holidays
  • Service

Write Checks

  • Write Checks
  • Write Receipts
  • Summary of checks and receipts

Administration

  • Firm Management
  • User Management

CST Proposal for E-Closing

Establishing a title and/or escrow facility controlled by the Bank or Mortgage Company to accomplish the follow:

  • Gain new income streams
  • Secure savings in efficient use of personnel
  • Streamline the flow of information
  • Maintain an organized flow of documents
  • Generate new business
  • Expedites the closing
  • Supplies timely information to the customer and others
  • Provides for organized disbursement of funds
  • Realizes the savings on the use of funds
  • Establishes a presence which dynamically grows the customer base
  • Attain leadership in E-Closing and electronic signature
  • Create an innovative presence in the secondary market

Why CST should be the provider of E-Closing Escrow Title:

  • Developed and owns E-Closing which is the software platform for the proposal
  • E-Closing is being specifically developed to provide the services proposed
  • The software has been and is being developed in a robust multi-user environment
  • CST is committed to the success of the venture
  • Our experience of successful software development in the financial market is an available essential resource (I.e. Online Banking, Tele-banking, E-Banking)

Click here to download this section as PDF file.

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