In accordance with the Paperwork Reduction Act and 5 CFR 1320, this information collection request is approved for use through 12/93. When resubmitting this collection, FmHA should submit an evaluation of the practical utility of this revised collection which addresses the OIG Audit (04099-269-AT) findings indicating that the FmHA procedures do not provide sufficient guidance to ensure effective and consistent processing of debt settlements. Specific issues the FmHA should evaluate include: (1) whether the changes made to this collection (in particular FmHA Form 1956-2) have increased the effectiveness and consistency of its debt settlement decisions, (2) how the information is specifically evaluated and used at the County, State, and National level, and (3) whether the cost of collecting the information exceeds the benefit of a specific settlement activity (e.g., a Compromise, Adjustment, Charge-off, or Cancellation action).
Inventory as of this Action
Requested
Previously Approved
12/31/1993
12/31/1993
29,900
0
0
14,825
0
0
0
0
0
REGULATION IS BEING AMENDED TO INCLUDE DEBT SETTLEMENT OF ALL HOUSING LOANS AND TO LIMIT ADJUSTMENT OFFERS TO 5 YEARS EXCEPT FOR RURAL HOUSI LOANS. THIS ACTION IS INTENDED TO REDUCE THE VOLUME OF SETTLEMENTS SUBMITTED TO FMHA AND TO FURTHER IMPLEMENT THE INTENT OF THE FOOD SECURITY ACT OF 1985 AND THE AGRICULTURAL CREDIT ACT OF 1987.
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.