Preparing a Closing Disclosure manually requires meticulous data entry across multiple sections, careful calculation of closing costs, and constant cross-referencing with loan estimates to ensure TRID compliance. A single miscalculation or omission can delay closing, trigger re-disclosure requirements, and expose your firm to compliance risks.
Preparing a Closing Disclosure manually requires meticulous data entry across multiple sections, careful calculation of closing costs, and constant cross-referencing with loan estimates to ensure TRID compliance. A single miscalculation or omission can delay closing, trigger re-disclosure requirements, and expose your firm to compliance risks.
CaseMark automatically extracts transaction details, loan terms, and cost breakdowns from your source documents to generate accurate, TRID-compliant Closing Disclosures. Our AI handles complex calculations, organizes data into the required format, and ensures consistency across all sections—reducing preparation time from hours to minutes while minimizing compliance risk.
This workflow is applicable across multiple practice areas and use cases
Closing Disclosures are federally required for all consumer loan closings, making this workflow essential for attorneys handling mortgage financing, refinancing, and consumer lending transactions.
The CD is a mandatory TRID compliance document for virtually all consumer loan closings. Attorneys in loan and financing practices prepare these documents for commercial clients offering consumer loans and for direct consumer lending matters.
Financial services attorneys advising lenders, mortgage companies, and financial institutions need to ensure TRID compliance and proper CD preparation as part of regulatory compliance programs.
TRID compliance is a critical regulatory requirement for financial institutions. Attorneys in this practice area regularly review, audit, and establish processes for compliant Closing Disclosure preparation.
Mixed-use properties and smaller commercial transactions involving consumer financing require TRID-compliant Closing Disclosures when the loan meets consumer credit criteria.
Commercial real estate attorneys frequently handle transactions involving consumer-purpose loans for small commercial properties, investment properties, and mixed-use buildings where TRID compliance is required.
CaseMark's AI is trained on TRID requirements and automatically structures your Closing Disclosure according to CFPB specifications. It includes all required sections, proper formatting, and mandatory disclosures, ensuring your document meets federal compliance standards while you maintain final review authority.
Yes. CaseMark extracts cost data from your loan documents, title commitments, and settlement statements, then automatically calculates totals, debits, credits, and cash-to-close figures. The AI organizes costs into the proper categories (origination charges, services, prepaids, escrow) and generates accurate borrower and seller transaction summaries.
At minimum, you'll need the Loan Estimate, purchase agreement, and final loan terms. CaseMark can also incorporate title commitments, escrow analyses, and preliminary settlement statements to populate all sections. The more complete your source documents, the more comprehensive your generated CD will be.
Most users generate a complete, review-ready Closing Disclosure in 8-10 minutes. This includes uploading documents, AI processing, and your final review. Compare this to the 2-3 hours typically required for manual preparation, data entry, and calculation verification.
While the CD format is standardized by federal regulation, CaseMark allows you to review and edit all populated fields before finalizing. You maintain complete control over the final document while benefiting from automated data extraction and organization that eliminates manual data entry.
CaseMark extracts data from both documents and organizes them for easy comparison, helping you quickly identify changes in loan terms, closing costs, and other key figures. This streamlines your tolerance analysis and ensures you can easily explain variances to clients and comply with re-disclosure requirements.
Absolutely. CaseMark uses bank-level encryption and is designed with attorney-client privilege in mind. All documents are processed securely, and your data is never used to train our models or shared with third parties. We maintain strict confidentiality standards appropriate for sensitive financial and real estate transactions.