OMB.report

Federal forms, ICRs, and supporting documents

Information Collection Request

Informed Consumer Choice Notice and Application for FHA Insured Mortgage

ICR 201010-2502-006 · OMB 2502-0059 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form HUD-92900-A Application for FHA-Insured Mortgage Form Modified Repair queued
Supporting Statement A.docx Supporting Statement A Uploaded 2010-10-25 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
27010 Application for FHA-Insured Mortgage Form Modified
ICR Details
2502-0059 201010-2502-006
Historical Active 200804-2502-005
HUD/OH 2502-0059
Informed Consumer Choice Notice and Application for FHA Insured Mortgage
Revision of a currently approved collection   No
Regular
Approved with change 02/17/2011
Retrieve Notice of Action (NOA) 11/10/2010
  Inventory as of this Action Requested Previously Approved
02/28/2014 36 Months From Approved 02/28/2011
5,749,160 0 4,619,800
478,758 0 394,950
0 0 0
The forms 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
  
PL: Pub.L. 110 - 185 H.R.5140 Name of Law: Economic Stimulus Act of 2008
Not associated with rulemaking
  75 FR 28632 05/21/2010
75 FR 67754 11/03/2010
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 5,749,160 4,619,800 0 0 1,129,360 0
Annual Time Burden (Hours) 478,758 394,950 0 0 83,808 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The increase in data collection is due to the increase in FHA business. Also, there were minor changes made to HUD -92900-A. The form was revised to include three boxes for the identification of the loan origination company. The name of the loan origination company and tax identification is required. The NMLS ID of loan origination company may not be applicable to all originating companies.
$1,895,890
No
No
No
No
No
Uncollected
Theresa Oliver 2027082121 ext. 3572
  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.
11/10/2010