Final answer:
The settlement agent is responsible for completing the HUD-1/Loan Disclosure.
Step-by-step explanation:
The responsible party for completing the HUD-1/Loan Disclosure is the settlement agent.
The HUD-1/Loan Disclosure is a document that provides an itemized list of all charges and credits involved in a real estate transaction and is used in mortgage loan closings. The settlement agent is responsible for preparing and completing this document, ensuring that all necessary information is included, and presenting it to the borrower for review and signature.
Other parties involved in the real estate transaction, such as the lender, real estate agent, and borrower, may provide information and documentation to the settlement agent for the completion of the HUD-1/Loan Disclosure, but ultimately, the settlement agent is responsible for its accuracy and completeness.