This collection is approved for only two years due to lack of full GPEA compliance. (It is electronically fillable but cannot be submitted electronically.)
Inventory as of this Action
Requested
Previously Approved
04/30/2011
36 Months From Approved
04/30/2009
3,710
0
8,796
805
0
2,136
0
0
0
Lenders, working with developers, submit the Master Appraisal Reports. Information provided permits for the listing of builder's models that cover the types of individual homes proposed for construction. This eliminates the need for appraisal reports from each individual property in a development. General and specific conditions must be addressed before a property can be endorsed, including providing an estimate of value for each property type.
US Code:
12 USC 1709 et seq
Name of Law: Seciton 203 of the National Housing Act
The number of responses shows a decrease because of a drop in the number of MARS request by lenders over the years.
$875
No
No
Uncollected
Uncollected
No
Uncollected
Kenneth Walker 2027082121 ext. 4026
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.