This information is required for: (1) FHA Lender Approval; (2) Annual renewal of each FHA Lender's Approval; (3) Updates to a FHA Lender's Approval; and (4) Various Reports from FHA Lenders.
US Code:
12 USC 1703
Name of Law: National Housing Act
This revision reflects revised estimates of both responses and burden hours resulting from the decline in FHA Lenders and collection of the NMLS ID and implementation of the new online lender approval application system.
$610,500
No
No
No
No
No
Uncollected
Erikka Young 202 402-5437
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.