Definitions for "Settlement Agent"
Person or company that conducts the closing of a sale and/or finance of real estate.
A lender, title insurance company, escrow company, real estate broker, or attorney who conducts the loan closing.
The person who organizes and is in charge of the loan closing. The settlement agent is the person who can explain any document the borrower must sign.
The custodian that may make/ take delivery against payment of securities to/ from a broker who has executed the trade on behalf of the mutual client.
An entity that coordinates a settlement.
A person or entity which coordinates or conducts a closing or settlement.
a person or entity which takes in all moneys due from each party, and pays each of the party's expenses with the funds received