Lenders can use the HUD-1 settlement statement until their supplies of that form are exhausted. It's been a number of years, and I'm only aware of a few lenders/closing agents still using it.
With the so-called "new" form, there is no set format for anything. only 'Guidance". It's as if they can just "make up" their own form out of thin air. Absolutely ridiculous. You may want to get with your lender in person, and have them clarify and explain the form to you. If enough borrowers would actually do this, that might be incentive for lenders to make their closing statements clearer.
