APPROVED WITH
THE CONDITION THAT HUD SEND OMB A COPY OF THE MORTGAGEE LETTER THAT
CONTAINS INFORMATION ON WHAT QUALIFIES AS A MAJOR CREDIT REPORTING
AGENCY AND A COPY OF THE RECENT HUD STUDY ON CREDIT REPORTS.
Inventory as of this Action
Requested
Previously Approved
05/31/1988
05/31/1988
40,000
0
0
10,800
0
0
0
0
0
THIS COLLECTION IS NEEDED TO ELIMINATE
FRAUD AND ABUSE OF FHA HOUSING PROGRAMS. THE REQUESTED INFORMATION
WILL BE SENT TO CREDIT BUREAUS TO AVOID FUTURE ISSUANCE OF BAD
LOANS.
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.