In what section of the Closing Disclosure would you find the names and addresses for both the borrowers and sellers?

The correct section to locate the names and addresses for both the borrowers and sellers is under Transaction Information. This section of the Closing Disclosure is specifically designed to provide essential details about the parties involved in the transaction. It includes pertinent information such as the names and addresses of the borrower(s) and seller(s), ensuring that all involved parties are clearly identified.

In a real estate transaction, having this information readily available is crucial for legal documentation and clarity in the agreement. It's essential for establishing who is involved in the transaction and facilitates communication between them.

On the other hand, the Loan Information section primarily deals with details specific to the financing arrangement, such as loan terms and interest rates, and does not contain personal identifiers of the parties. The Summary of Transactions provides an overview of the overall financial aspects of the deal, which does not focus on individual party details. Lastly, the Disclosure of Fees outlines the costs associated with the transaction but does not include the names or addresses of the parties involved.