Information is used in eligibility and feasibility determinations on borrowers' requests for disaster set-aside; primary loan servicing (reamortization, rescheduling, deferral, write down and conservation contractos), buyout at market value, and homestead protection, as well as liquidation of security.
As a result of the information collection analysis completed for this renewal request, the total burden hours for FLP were increased by 6,045. The total burden hours for this request are 15,236. The adjustments are primarily due to an overall increase of agency special servicing caseload and borrowerÂs inability to make schedule payments since the last approval of this collection.
The number of respondents was increased by 7,842 while the total annual responses were increased by 15,423. The previous numbers of respondents were 9,191 and the previous total annual number responses were 11,761. The numbers of respondents in this request are 14,505 while the total annual responses in this request are 27,184.
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.
Supporting Statement 0560-0233.docx
Farm Loan Programs - Direct Loan Servicing - Special (7 CFR 766)