APPROVED FOR 6
MONTHS WITH THE FOLLOWING CONDITION. HUD MUST PROVIDE A DETAILED
EXPLANATION STATING WHY LOAN ORIGINATION INFORMATION IS NOT
DUPLICATIVE OF INFORMATION ALREADY COLLECTED BY HUD AND WHY THIS
INFORMATION IS NECESSARY IN SETTLING INSURANCE CLAIMS ON LOAN
DEFAULTS FOR EACH OF THE 27 ITEMS INCLUDED UNDER THE FORM'S LOAN
ORIGINATION SECTION.
Inventory as of this Action
Requested
Previously Approved
11/30/1987
11/30/1987
04/30/1987
30,000
0
20,000
15,000
0
10,000
0
0
0
LENDERS IN TITLE I PROGRAM EXECUTE AND
SUBMIT HUD FORM 637-A, TITLE I CLAIMS FOR LOSS, TO RECEIVE
INSURANCE BENEFITS FOR CLAIMS FILED ON DEFAULTED TITLE I PROPERTY
IMPROVEMENT AND MANUFACTURED HOME LOANS. THE INFORMATION PROVIDED
ON THIS FORM IS ANALYZED IN DETERMINING THE CLAIM AMOUNT TO BE
DISBURSED TO 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.