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Standard Conveyancer New HUD-1 Help & FAQs

Installation Questions:

Q. Does the SC 2010 update need to be installed on all the Standard Conveyancer computers on my network?

A. Yes. Unlike most SC updates that need to only install on your server, the 2010 update includes new software components that run directly on your workstation and need to be installed that way.

Q. How can I get the update for Standard Conveyancer?

A. In Standard Conveyancer, click the Help menu, then SC on the Web, then Check for Web Updates. If you have multiple workstations to update, download and save the SC2010.exe update file to a location on your network where you can find it from the other workstations.

Q. Where are the download and installation instructions?

A. Click here to see the message we sent out on how to get the update. Click here for a copy of the basic installation and use instructions that were available from the download page.

Q. How do I know if the SC 2010 update has been installed on my computer?

A. Click the Start button on your task bar, then "Programs" (or "All Programs"), then the Standard Conveyancer folder. You should see five items, including "SC 2010 HUD-1." Also, you will have a new 2010 HUD-1 choice on your attributes screen and a new "Page 3" option in your 1-Conveyance menu. (These last two items are part of the program components on your server, however — you need to verify that you have the new items in your start menu.)

Q. I chose the 2010 HUD-1 on my Attributes screen and clicked into one of the HUD-1 screens, but nothing is happening. Standard Conveyancer says "Waiting..........." on the title bar at the top of the screen.

A. First, verify that you have the SC 2010 installed (see the previous question above). Second, look for a blue "S" icon in the notification area of your task bar (the little icons on the right near the clock). The "S" represents the SC 2010 screen components that are ready to pop up as needed for your file. If the S is not there, click the Start button on your task bar, then "Programs" (or "All Programs"), then the Standard Conveyancer folder, then "SC 2010 HUD-1."

Q. Why do I need the blue "S" running in the notification area to get the new HUD-1 screens?

A. The new HUD-1 screens exist in a newer, more modern software platform that takes a longer time to start up than Standard Conveyancer. To allow you to work faster, the new components pre-load into your system when you start your computer to wait until they are called for by Standard. If you do not have the new components waiting, it can take up to a half minute for the screens to load if you later have to click the SC 2010 HUD-1 in your programs menu.

Q. When I'm on one of the new HUD-1 screens, how do I get back to the old screens or print my HUD?

A. Click the 1-Conveyance menu at the top of the new HUD-1 screen and choose another screen to go to. The new screen will disappear until needed and you will return to the old screens.

Q. Why is everything so new and different from my old Standard Conveyancer screens?

A. We kept the old screens for a long time because all of our clients are used to them and are able to work quickly in the familiar screens. However, the older software platform is keeping us from moving into the future and being able to offer you new features. Over time, the rest of the old Standard Conveyancer screens will migrate into the new software platform and you will no longer need the old screens.


Use Questions:

Q. Should I use this new HUD-1 for my closing today/tomorrow/next week?

A. January 1st was the start date for the new GFE, not the new HUD-1. You MUST use the old HUD-1 if the loan was originated with the old GFE. (If the lender re-discloses in January because of a change in the loan terms, they have to use the new GFE, in which case you must use the new HUD-1.)

Q. How do I tell my system to do a new HUD-1 or an old HUD-1?

A. On the Attributes screen, click Old HUD-1 or 2010 HUD-1. For the new HUD-1, when you click Page 1, Page 2 or Page 3 on the 1-Conveyance menu, the new screens will open in front of Standard Conveyancer. Make sure the blue "S" is waiting in the notification area of your task bar (as described above) before you do this.

Q. Information on my old HUD is not carrying over to the new HUD.

A. The system was not designed to take information on the old HUD-1 screens and shift it into new locations on the new HUD-1. This may seem a good way to learn, but it's not the way people will work in the real world. In addition, many of the fees in your old files have no place on the new HUD-1. To try out the new HUD you should open a new file.

Q. I don't see the GFE reference numbers on the new HUD-1 screens (or, I want to hide the zeros in the empty fields).

A. There are lots of options to change the appearence of the new HUD-1 screens. Click the "HUD-1" menu at the top of the new HUD-1 screens to see some choices. This should be done while you are on Page 2 since many of the settings affect only Page 2.

Q. The type face is too small (or too large).

A. On the new HUD-1 screen, click the View menu, then "Tool Bars," then "Fonts and Colors." You should change the font size one or two settings at a time, as a large change can have the effect of hiding some of your information. (You cannot change the colors at this time.)

Q. How do I override numbers that show up on the new HUD-1 screens automatically?

A. Like on the old HUD screens, many figures are automatically calculated. Auto-calculated figures display in green. To override the automatic calculation, right-click the item and uncheck the "Autocalculate" choice.

Q. The points and/or discount fee I put on the financial screen do not carry over to lines 801 & 802 on the HUD-1.

A. The origination charge (801) and credit/charge (802) are not directly related to the old concept of points and discount fee. The origination charge, for instance, must include all the additional fees (wire, doc prep, etc.) that a lender used to list separately. Enter the origination charge and charge/fee for the interest rate chosen directly onto HUD-1 Page 2.

Q. Why am I blocked out of many of the fields on Page 2?

A. The new RESPA rules change the way much of Page 2 is used. For instance, if the seller is paying borrower costs in the 800 section, you are no longer allowed to enter the fees in the seller column; instead, you must total the seller-paid borrower costs and enter an adjustment on Page 1. To keep you from entering data where it is not allowed, Standard has blocked fields that are not to be used under the new rule.

Q. Where do I put my settlement fees on the new HUD-1?

A. The short answer is that it goes on line 1102, outside the columns. If you did not know this, however, you need help that is beyond the scope of this page. Many line items are handled in new ways on the new HUD-1. Your title insurance underwriters have all prepared materials to help you with the new HUD-1, and there is information on HUD's web site.

Q. How should I deal with the Standard Model File and lender model files on the new HUD-1?

A. We recommend you create a new model file for your old HUDs and change your Standard Model File to hold the information for the new HUD. More information is contained in the basic installation and use instructions.

Q. Why am I getting ****.**% for the increase amount on page 3?

A. You have not entered any GFE amounts on page 3 so the increase percentage cannot yet be calculated. You can use the Autofill button at the top of page 3 to fill in GFE amounts automatically. However, for actual closings, be sure to verify that these amounts are identical to those shown on the original Good Faith Estimate.

Q. What is the best way to get the information into the comparisons section on to Page 3?

A. Page 3 lets the borrower compare the charges quoted on the Good Faith Estimate next to the corresponding charges on the HUD-1. To use the Auto-Fill feature, click the Auto-Fill button at the top of Page 3, then click "Copy Page 2 Items to Page 3" button. You can type the charges from the GFE into the GFE column, or if they are mostly the same as the HUD-1 figures, click the "Set GFE Amounts to HUD-1 Amounts" button and then make any adjustments to the GFE column as necessary.

Q. Will the Auto-Fill feature guarantee that everything is entered that should be?

A. No. This is a tool to save you typing, not to show you what belongs where in the comparisons section. Under some circumstances items will need to be moved to a different tolerance category. In addition, we may not have anticipated all the ways lenders will want information entered on Page 2, so the program cannot be guaranteed to not miss any of the Page 2 items.

Q. How can I move or manually enter items on Page 3?

A. You can type HUD-1 line numbers into the "HUD-1 Line Number" column and the corresponding description and HUD-1 charge will fill in automatically. You may need to do this if your lender asks that the Page 3 charges be listed in a certain order.

Q. Why can't I change some of items in the Loan Terms section (bottom half of Page 3)?

A. In the custom of Standard Conveyancer being as highly automated as possible, many of the items are being set for you by the information you have already entered on other screens (such as the Financial and Attributes screens).

Q. How do I print a new HUD-1?

A. The new HUD-1 document is called "HUD1" and should be in your HUD-1 print batch. The old document, RespaMW, is now called "HUD1Old," though you can still print it as RespaMW.

 

 

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