Escrow & Title

The HUD-1 Settlement Statement has been replaced for most mortgage transactions by:

AClosing Disclosure (CD)✓ Correct
BLoan Estimate (LE)
CRESPA Statement
DUniform Settlement Statement

Explanation

The HUD-1 Settlement Statement was replaced by the Closing Disclosure (CD) effective October 2015 under TRID for most mortgage-financed transactions.

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