In accordance
with E.O. No. 12291 review and approval under the Paperwork
Reduction Act, the information collection is approved for use
through February 1989. The USDA Farmers Home Administration (FmHA)
should review the instructions to see if a reduction in burden can
be achieved through simplifying the general policies and procedures
used in servicing loans and focusing them to achieve the program
objections of providing loan assistance to worthy applicants unable
to obtain commercial credit. Simplifying and focusing the policies
and procedures of loan applications will be one of the subjects for
the Information Collection Budget meeting to be scheduled later in
September. The FmHA will review the uses for which the information
is collected to determine if all the information is required and
appropriate. Particular attention should be given to assuring that
all the information requested is, first, relevant to evaluate the
risk, the feasibility of the individual loan proposal and the
inability of applicants to obtain commercial credit, and, second,
that all duplicative information is eliminated.
Inventory as of this Action
Requested
Previously Approved
02/28/1989
02/28/1989
338,533
0
0
150,082
0
0
0
0
0
REGULATION PROMULGATES THE POLICIES
AND PROCEDURES FOR SERVICING OPERATING (OL), FARM OWNERSHIP (FO),
SOIL AND WATER (SW), SOFTWOOD TIMBER (ST), EMERGENCY (EM), ECONOMIC
EMERGENCY (EE), SPECIAL LIVESTOC (SL), ECONOMIC OPPORTUNITY (EO),
AND RURAL HOUSING (RHF) FARMERS HOME ADMINISTRATION 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.