HUD shall re-submit this package with a correct categorization of the nature of the action (i.e., revision) and consistent burden estimates and reasons for the change in burden.
Inventory as of this Action
Requested
Previously Approved
10/31/2012
36 Months From Approved
02/28/2013
1,100
0
1,100
132,000
0
132,000
0
0
0
This report collects information from mortgage lenders on application for, and originations and purchases of, mortgage and home improvement loans. Non-depository mortgage lending institutions are required to use the report as a running log throughout the calendar year, and send the report to HUD by March 1 of the following calendar year.
The estimated number of respondents has decreased from the previous submission due to the elimination of non-FHA lender, primary brokers and correspondents who no longer are required to report HMDA data to HUD. The reduction in costs to the respondents is attributed primarily to the reduction in the number of respondents.
$720,000
No
No
No
No
No
Uncollected
Jerold Fasick 2024027540
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.
12 USC 2803.doc
Home Mortgage Disclosure Act (HMDA) Loan/Application Register