HUD Key Features
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Compliant with 2015 CFPB rule changes for HUD forms
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Generate RESPA-compliant HUD settlement statements
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Comprehensive Tax Proration to calculate city/county/school/condominium/sewer tax, including whether the seller has overpaid or underpaid tax
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Prorate line 901 interest changes automatically
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Calculate total payoff amounts automatically
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Prepare disbursement ledger
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Enter unlimited buyer or seller names
Ledger Module
| Pre-filled with date, amount, payee, payor, and memo information to help generate accurate ledger statements | Automatic adjustments are made for pre-dispersed items or earned deposits | Checks may be split or combined |
Electronic 1099-S Filing and Reporting
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Prepare 1099-S substitute or exemption forms if needed
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Submit 1099-S directly from the software
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Print log of year-to-date submissions
Improve accuracy with features like:
| Centralized data entry | Ability to upload and add an unlimited number of forms | Once and done changes that regenerate across all forms |
