The MPPP is a mechanism used by lending institutions, Mortgage Servicing companies, and others servicing mortgage loan portfolio to bring their mortgage loan portfolios into compliance with the flood insurance purchase requirements under the National Flood Insurance Program. The MPPP results in mortgagors, following receipt of notification, of the most need for flood insuance, showing evidence of such a policy or purchasing coverage through their local insurance agent or WYO.
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.