Approved for 3
months with the following conditions. HUD must 1) provide a more
detailed justification for the length of the recordkeeping
requirements (up to 40 years) and 2) provide a detailed burden
estimate for each reporting and recordkeeping requirement
(including the new forms added to this collection).
Inventory as of this Action
Requested
Previously Approved
02/28/1988
02/28/1988
200
0
0
100,000
0
0
0
0
0
HUD MUST REVIEW APPROVED COINSURING
LENDER'S PROCESSING OF APPLICATION FOR ADHERENCE TO UNDERWRITING
AND PROCESSING GUIDELINES AND MONITOR COMPLIANCE WITH PROGRAM
STANDARDS. WE EXPECT 10 CASES WILL BE PROCESSE ANNUALLY BY EACH OF
15 APPROVED LENDERS.
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.