HUD shall discontinue currently approved collections that include burden captured by this approval.
Inventory as of this Action
Requested
Previously Approved
12/31/2017
36 Months From Approved
33,241,100
0
0
3,060,683
0
0
0
0
0
This information collection request for OMB review seeks to combine the requirements of several existing OMB collections under this comprehensive collection for mortgagees that service Home Equity Conversion Mortgages (HECM) and for mortgagors who are HECM program participants.
The figures for the Estimated Burden and Cost to Respondents are more accurate than the approved PRAs from which topics were compiled because HUD is detailing the activities specific to HECM mortgagees program.
$0
No
No
No
No
No
Uncollected
Angela Graham 202 402-3745
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.