Delivering the closing disclosure to the seller is the responsibility of the?

The responsibility for delivering the closing disclosure to the seller falls on the settlement agent. This is because the settlement agent oversees the closing process and ensures that all necessary documents, including the closing disclosure, are prepared, provided, and discussed with the parties involved. The closing disclosure is a critical document that outlines the final terms of the loan, including costs and fees associated with the transaction, and it must be delivered in compliance with regulatory requirements.

While the creditor, mortgage loan originator (MLO), and mortgage broker all play significant roles in the mortgage process, they are not the ones tasked specifically with delivering the closing disclosure. The creditor, for instance, typically provides this document to the borrower, but the delivery to the seller and the coordination of the closing process is primarily managed by the settlement agent. This delineation helps ensure that there is clear accountability and that all parties receive the necessary information in a timely manner, which is crucial for a smooth closing experience.