[Tex/LaTex] Homework template

environmentsformattingtemplates

I've been using this homework template I found online that is pretty light. I am very new to using LaTeX, and although I find writing basic mathematical expressions easy, some of the cooler more complex LaTeX stuff seems way above me. The homework template I found has this in it:

\newcounter{prob}
\newenvironment{problem}[1]
{\begin{sloppypar}\stepcounter{prob}\noindent{\large\bfseries Problem %\arabic{prob}
} {\bfseries (#1)}
\begin{quote}}
{\end{quote}\end{sloppypar}}

and I have been using this in this way:

\begin{problem}{Problem 1}
   ***Problem solution***
\end{problem}

However, when I want to include the problem statement, this code introduces too much space. How can I edit my template so that my final results will look like:

Problem 1: problem statement (not bold)

problem solution

Best Answer

Got it: I took out the \begin{quote} \end{quote}

\newcounter{prob}
\newenvironment{problem}[1]
{\begin{sloppypar}\stepcounter{prob}\noindent{\large\bfseries Problem} {\bfseries (#1)}}{\end{sloppypar}}