Approved for two years with the following condition. In the next submission of this information collection request for OMB review, HUD must provide a better justification for the following questions contained on the 9080A form: 1-6, 9-12, 14, 15, 19, and 31. In addition, by January 2, 1989, HUD must submit revised copies of forms 9080A and 9080B to OMB, which shall exhibit an approved OMB control number and expiration date and display an estimate of burden and an address for filing comments (as required at 5 CFR 1320.21).
Inventory as of this Action
Requested
Previously Approved
11/30/1990
11/30/1990
09/30/1988
1,400
0
1,400
1,400
0
1,400
0
0
0
THE DEPARTMENT, THROUGH ITS MONITORING DIVISION, CONDUCTS PERIODIC ON-SITE REVIEWS OF HUD/FHA APPROVED LENDERS AND THEIR BRANCH OFFICES TO DETERMINE COMPLIANCE WITH HUD/FHA ORIGINATION AND SERVICING REQUIREMENTS AND POLICIES. THESE REVIEWS ARE NECESSARY TO PROTECT FHA BORROWERS AND THE DEPARTMENT'S INSURANCE FUNDS FROM LENDER ABUSE THROUGH NEGLIGENCE AND FRAUDULENT BUS PRACTICES.
On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control number;
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.