HUD Forms - Settlement Statements
This is the leading Settlement Statement
software in the U.S. - HUD Forms for Windows (WHUD).
This program packs more value for your dollar than perhaps any other
title in our catalog. All 2009/2010 changes are implemented in
this version.
As you may already know, the U.S.
Department of Housing and Urban Development has implemented new
Settlement Statement forms in response to widespread and well publicized
abuses in lending practices by banks and other financial institutions.
The gist of the new forms is to add a page that relates to describing
differences between institution's good faith estimate
(GFE) of closing costs versus the actual closing cots. In addition to
underscoring these differences the new GFE form also contains a section
that notifies the consumer about how the monthly payment can change (if
applicable), what the maximum monthly payment may become(again, if
applicable) and other information that purports to be important to the
consumer borrower. If you'd like to see the newer forms, here's the HUD
site address.
www.hud.gov/content/releases/hud-1.pdf
Program Features
What You See Is What You Get—You
won't need training manuals or instructional courses to learn how to use
WHUD. The Settlement Statement appears on your screen looking
just like it does on paper. You simply tab from field to field entering
your information and let WHUD crunch all the numbers.
Calculations are automatic and instantaneous. All updating is done
dynamically as quickly as you can enter the numbers.
What Law Offices Know Best—Law
offices can be surprisingly challenged when it comes to computer
technology. That's because law office personnel typically run from one
crisis to another and rarely have time to sharpen their computer skills.
Despite this deficiency, there's one facet of computing they know better
than anyone else—and that's word processing. Law office staffers usually
know their word processor inside-out, and do more than simply type
business letters. Masters of form and function, law offices churn out
letters, reports, notes, pleadings, motions, memoranda, briefs and more.
That's where WHUD shines because it connects seamlessly
with any word processor capable of opening RTF files. Microsoft's
Word for Windows, Corel's WordPerfect and even the generic
WordPad
work just fine. Therefore, all previewing and printing is done via your
own word processor. What can be easier?
Have It Your Way—You can change and
format the completed HUD forms in your word processor any way you want.
And you don't need any special paper or other supplies to generate
print-shop-perfect forms, because WHUD is designed to
print forms using any Windows-compatible printer on ordinary,
blank legal-size (8-1/2 x 14) paper. There's more! You can do more than
just modify the completed forms. You can also open the program form
templates and make global modifications to customize WHUD
to produce forms your way. Finally, you may have encountered HUD
programs that won't let you enter text where amounts are expected.
WHUD doesn't have that limitation, so if you wanted to make
such notes or explanatory comments, WHUD won't force you
to do otherwise.
Everything But The Kitchen Sink—There
are over 1,600 HUD forms and related FHA, Fannie Mae, WH and EPA forms.
Only the HUD Forms 1 and 1A are automated as described above, but
WHUD also contains almost all of the 1,600 odd forms. Most are
in a PDF format, but some are interactive in either Microsoft Word
for Windows (doc) or Excel (xls) formats.
And Then There's The Price—If you
want to do some easy research, type "HUD software" in your favorite
search engine. Among the tens of thousands of hits, you're sure to find
a few companies that provide HUD software. Visit the sites and look at
their prices. You'll be amazed at the prices that range from $200 to
$300 and higher—and they don't provide any more functionality than our
WHUD! That makes WHUD a true "Best Buy" at $99.99!
NOTE: If there is a particular HUD form
that you'd like to see added to the "automated" part of WHUD (i.e.,
like the Settlement Statements), please let us know by calling or
emailing us. We can sometimes add forms at your request.