APPROVED WITH
THE CONDITION THAT HUD, IN THE NEXT SUBMISSION OF THIS PAPERWORK
CLEARANCE REQUEST, INCLUDE A DETAILED DESCRIPTION OF THE BURDEN
ESTIMATE FOR: (1) 24 CFR 201.2 (LL), WHOLESALE (BASE) PRICE LIS
RECORDKEEPING REQUIREMENTS, (2) 24 CFR 201.51(b)(1), REPORT ON
PROPERTY CONDITION, (INCLUDING AN EXPLAINATION ON THIS REQUIREMENT
BEING "CUSTOMARY AND USUAL"), (3) 24 CFR 201.21(d), MANUFACTURER
WARRANTY REQUIREMENTS, INCLUDING SEPERATE ESTIMATES OF THE
RECORDKEEPI BURDEN, DISCLOSURE BURDEN, REPORTING BURDEN, AND THE
BURDEN IMPOSED BY THE CLAUSE, IN SECTION 201.21(d)(2), STATING THAT
THE MANUFACTURER WIL "CORRECT ANY NONCONFORMITY". HUD MUST ALSO
SUBMIT AN UPDATED SUPPORTI STATEMENT AND PACKET REFLECTING REVISED
BURDEN ESTIMATES. IN ADDITION THE DEPARTMENT IS TO SUBMIT ALL
WRITTEN INTERPRETATIONS OF THE WARRANT REQUIREMENTS (24 CFR
201.21(d)), INCLUDING ANY HANDBOOKS, GUIDANCE LETTERS,
INTREPRETATIVE LETTERS/BULLETINS, TITLE I LETTERS, OR FEDERAL
REGISTER NOTICES WHICH ILLUMINATE THE DEPARTMENT'S CLAIM THAT THE
REQUIREMENT TO "CORRECT ANY NONCONFORMITY" WILL BE IMPLEMENTED
USING A "RULE OF REASON".
Inventory as of this Action
Requested
Previously Approved
05/31/1986
05/31/1986
451,466
0
0
142,243
0
0
0
0
0
INFORMATION COLLECTIONS ASSOCIATED
WITH HUD REQUIREMENTS AND CUSTOMARY INDUSTRY PRACTICES REGARDING
LOANS FOR PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS,
REFLECTED IN HUD REGULATIONS AT 24 CFR 201. THESE COLLECTIONS ARE
NEEDED TO MAKE LOANS AND ADMINISTER THE PROGRAM AND TO ASSURE THAT
PRUDENT LENDING IS BEING EXERCISED BY THE LENDER.
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.