Approved for six
months with the following conditions. HUD must submit to OMB copies
of the forms or other instrument utilized to fulfill the
requirements of paragraphs (b), (c), and (d) at section 203.43j.
HUD must also provide a listing of the documents needed to fulfill
the requirements of section 203.666. HUD should provide a burden
estimate that includes the burden associated with both sections
203.43j and 203.666, and this estimate must show how it was derived
based on the requirements of these two sections.
Inventory as of this Action
Requested
Previously Approved
07/31/1988
07/31/1988
350
0
0
350
0
0
0
0
0
THIS RULE IMPLEMENTS SECTION 203(Q) OF
THE NATIONAL HOUSING ACT. THE INFORMATION IS NECESSARY (1) TO
ASSURE THAT BORROWERS FULLY REALIZE THEIR RISKS, AND (2) TO
DOCUMENT THAT REMEDIES, OTHER THAN ASSIGNMENT FORECLOSURE, HAVE
BEEN EXHAUSTED.
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.