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Federal forms, ICRs, and supporting documents

Information Collection Request

HUD Conditional Commitment/Direct Endorsement Statement of Appraised Value

ICR 201010-2502-011 · OMB 2502-0494 · Historical Active

Forms and Documents
DocumentTypeStatusAvailability
Form HUD-92800.5B HUD Conditional Commitment/Direct Endorsement Statement of Apraised Value Form and Instruction Modified Available
2502-0494_Supporting_Statement_A_V3.docx Supporting Statement A Uploaded 2011-01-04 Repair queued
IC Document Collections
IC IDCollectionTypeStatusForm
27234 HUD Conditional Commitment/Direct Endorsement Statement of Apraised Value Form and Instruction Modified
ICR Details
2502-0494 201010-2502-011
Historical Active 200709-2502-010
HUD/OH
HUD Conditional Commitment/Direct Endorsement Statement of Appraised Value
Revision of a currently approved collection   No
Regular
Approved without change 03/04/2011
Retrieve Notice of Action (NOA) 01/04/2011
Previous terms of clearance have been satisfied. This collection should have been submitted as an extension to a previously approved collection.
  Inventory as of this Action Requested Previously Approved
03/31/2014 36 Months From Approved 03/31/2011
5,668 0 425,000
680 0 51,000
0 0 0
The information is used by appraisers and/or underwriters upon their review of the appraisal report (USAR) to determine if a property meets FHA guidelines to be eligible for HUD mortgage insurance. Underwriters are required to sign and submit a copy of the completed form to HUD for endorsement as part of the case binder; to provide a copy to the homebuyer; and to maintain a copy for the mortgagee.
US Code: 12 USC Section 203 1701 et. seq. Name of Law: National Housing Act
  
None
Not associated with rulemaking
  75 FR 60476 09/30/2010
76 FR 374 01/04/2011
No
  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 5,668 425,000 0 -419,332 0 0
Annual Time Burden (Hours) 680 51,000 0 -50,320 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Using Information Technology
In the last 12 months 5,668 loans have required repairs and HUD-92800.5B was required to be presented to the borrower in these cases in order for the borrower to be informed regarding what repairs are necessary for the property to be safe, sound and secure. This process, along with implementation of system automation, has resulted in a decrease in burden hours.
$544
No
No
No
No
No
Uncollected
Ada Bohorfoush 2024025393
  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.
01/04/2011