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Federal forms, ICRs, and supporting documents

Information Collection Request

Single Family Premium Collection Subsystem-Periodic (SFPCS-P)

ICR 202312-2502-001 · OMB 2502-0536 · Received in OIRA

Forms and Documents
DocumentTypeStatusAvailability
1c-2024-HSG-PRA-256 (Supporting Statement A, 2502-0536).docx Supporting Statement A Uploaded 2024-11-25 Repair queued
2502-0536 30 Day FR.pdf Supplementary Document Uploaded 2024-11-20 Repair queued
Published 60-Day FRN, 2502-0536, 8-22-2024.pdf Supplementary Document Uploaded 2024-10-23 Repair queued
24 CFR Sec-203.269.pdf Supplementary Document Uploaded 2021-06-30 Missing upstream
Federal Credit Reform Act of 1990.pdf Supplementary Document Uploaded 2021-06-30 Repair queued
24 CFR Sec 203.264.pdf Supplementary Document Uploaded 2021-06-30 Missing upstream
IC Document Collections
IC IDCollectionTypeStatusForm
27310 Single Family Premium Collection Subsystem - Periodic (SFPCS-P) Other-screenshot Modified
ICR Details
2502-0536 202312-2502-001
Received in OIRA 202106-2502-005
HUD/OH
Single Family Premium Collection Subsystem-Periodic (SFPCS-P)
Revision of a currently approved collection   No
Regular 12/03/2024
  Requested Previously Approved
36 Months From Approved 03/31/2025
7,708 8,760
1,156 1,314
0 0
The SFPCS-P is used to collect monthly mortgage insurance premiums (MIP) from mortgagees. The Credit Reform Act of 1990 requires FHA to report case level mortgage insurance payment information for each endorsement. In addition, 24 CFR 203.264 requires mortgagees to pay monthly MIP's, and 24 CFR 203.269 requires that the MIP's be remitted electronically.
US Code: 2 USC 661 Name of Law: Federal Credit Reform Act of 1990
  
None
Not associated with rulemaking
  89 FR 67957 08/22/2024
89 FR 87885 11/05/2024
No
1
IC Title Form No. Form Name
Single Family Premium Collection Subsystem - Periodic (SFPCS-P)
  Total Request 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 7,708 8,760 0 -1,052 0 0
Annual Time Burden (Hours) 1,156 1,314 0 -158 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
Yes
Miscellaneous Actions
This is a revision of a currently approved collection. Information on the number of respondents and responses is based on actual HUD data for the past year. As indicated in other areas of this Supporting Statement, the number of MIP payments requiring validation varies depending on the number of mortgagees holding loans that require Mortgage Insurance Premium payments. Actual HUD\FHA data is used to help estimate these numbers. The annual burden hours have decreased. The number of respondents changes annually because it is based on the number of active FHA lenders. Additionally, there are two existing processes being added to this submission that lenders utilize to supplement the FHA MIP collection process titled “Single Family Monthly (Periodic) Premium Alternate Report Retrieval Process Signup Sheet and the Single Family Monthly (Periodic) Premium Pay.gov Batch Transmission Signup Sheet.”
$1,593,152
No
    Yes
    Yes
No
No
No
No
Ian Davis 202 402-4305
  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.
12/03/2024