OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Informed Consumer Choice Notice and Application for FHA Insured Mortgage

ICR 200708-2502-004 · OMB 2502-0059 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form HUD-92900-A Application for FHA-Insured Mortgage Form Modified Available
ICR 2502-0059.doc Supporting Statement A Uploaded 2007-09-12 Available
IC Document Collections
IC IDCollectionTypeStatusForm
27010 Application for FHA-Insured Mortgage Form Modified
ICR Details
2502-0059 200708-2502-004
Historical Active 200407-2502-003
HUD/OH
Informed Consumer Choice Notice and Application for FHA Insured Mortgage
Revision of a currently approved collection   No
Regular
Approved without change 11/21/2007
Retrieve Notice of Action (NOA) 09/12/2007
  Inventory as of this Action Requested Previously Approved
11/30/2010 36 Months From Approved 11/30/2007
2,377,000 0 1,009,000
225,050 0 244,550
0 0 0
The addendum to the URLA and related documents are needed to determine the eligibility of the borrower and proposed mortgage transaction for FHA's insurance endorsement. Lenders seeking FHA's insurance prepare these forms.
US Code: 12 USC 1709 Name of Law: National Housing Act
  
None
Not associated with rulemaking
  72 FR 120 06/22/2007
72 FR 176 09/12/2007
No
1
IC Title Form No. Form Name
Application for FHA-Insured Mortgage HUD 92900-LT, HUD-92900-A, HUD-92561, HUD-92544, Consumer Choice Note Addendum to URLA ,   Mortgagor's Contract ,   Warranty of Completion of Construciton ,   Consumer Choice Note ,   FHA Loan and Underwriting and Summary Transmittal
  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 2,377,000 1,009,000 0 0 1,368,000 0
Annual Time Burden (Hours) 225,050 244,550 0 0 -19,500 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
This submission eliminates forms HUD-92900-PUR and HUD-92900-WS and replaces them with HUD-92900-LT. The number of respondents has been corrected to show the number of lenders who report to HUD rather than the number of mortgagors. The numbers of responses and associated burden hours have decreased due to a decline in the number of insured mortgages.
$897,653
No
No
Uncollected
Uncollected
Uncollected
Uncollected
James Beavers 202 708-2121 ext. 2205
  No
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.
09/12/2007