Overview

SmartCLOSE is a cloud-based collaborative closing portal designed to streamline and manage the mortgage loan closing process among lenders, settlement agents and other stakeholders. The platform centralizes data, fee information and document exchange, enabling real-time collaboration, continuous compliance checks and integrated communication — ensuring that all parties work from a single, synchronized system of record prior to closing.

Features and Capabilities

• Collaboration & Workflow: Real-time, synchronized collaboration on loan closing data and fees; all relevant parties can view, edit and exchange data before closing.
• Continuous Compliance & TRID Monitoring: Automatic tolerance checks to ensure adherence to TRID (TILA/RESPA Integrated Disclosure) requirements.
• MISMO 3.3 & XML Data Exchange: Certified MISMO 3.3 support for standardized XML-based data and document exchange.
• Integration with LOS: Bi-directional integration with leading Loan Origination Systems, enabling seamless data flow between origination and closing.
• Real-time Communication: Built-in messaging tools to facilitate direct communication among all parties involved in the closing process.
• Automated Event Logging & Audit Trail: Automatic tracking of all changes for transparent compliance and complete audit history.
• eDelivery of Disclosures: Integrated electronic delivery of borrower disclosures.
• Settlement / Title-Agent Pipeline View: A dedicated view providing full visibility into title and settlement agent pipelines for multi-transaction management.
• UCD File Generation & Delivery: Built-in functionality to generate and deliver Uniform Closing Dataset files with data-quality validations.
• Support for eClosing Workflow: Enables fully electronic closing workflows as part of a comprehensive digital mortgage process.