No, CFPB's final rule states that the CD does not have to be signed. The signature block on Page 5 is only confirming the Borrower has received the Closing Disclosure and it is optional. You can access a standard signature page by going to the "CD Addendum B – Customary Recitals" document in the Documents module. This document is automatically inserted when using a Closing Disclosure as the Settlement Statement.
How do I add Contacts to the Contact Information table on Page 5?
The Contact Information Table on Page 5 of the Closing Disclosure is populated based on the Participants added in the Closing File Module, Participants tab. The Contact Information Table will only populate information for the following participant types: Lender, Loan Officer, Buyer's Broker, Buyer's Agent, Seller's Broker, Seller's Agent, Mortgage Broker Company & Mortgage Broker. On Page 5 of the CD in the Settlement Statement Module, you may right click the header of the Contact Information table to Insert or Delete the above mentioned participant types.
How do I change to a Page 2a\2b format?
When working on a CD in the Settlement Statement module, click on the 'CD Options' tab and select the 'Yes' option for "Use Pages 2A and 2B".
How do I create a Closing Disclosure in DoubleTime?
You can create a Closing Disclosure by going into the Closing File module and inserting a Loan. Once a loan is inserted, select, "Closing Disclosure" from the 'Settlement Statement' drop down menu and save your changes. You can now open the Settlement Statement module and enter data into the Closing Disclosure.
How do I edit the additional detail text in the Calculating cash to close table on Page 3?
When an affirmative response is given for the "Did this change?" question in the Calculating Cash to Close Table on Page 3 of the CD, you may click the text field on the right side of the table to edit the text. For protected text fields, you must select the "Override" box before having full Rich Text editing capabilities.