MORTGAGEE LETTER: "REFINANCING SECTION 235 MORTGAGES"

ICR 199102-2502-002

OMB: 2502-0456

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
IC ID
Document
Title
Status
144718
Migrated
ICR Details
2502-0456 199102-2502-002
Historical Active
HUD/OH
MORTGAGEE LETTER: "REFINANCING SECTION 235 MORTGAGES"
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 04/19/1991
Retrieve Notice of Action (NOA) 02/25/1991
Approved by OMB under the following conditions: 1) In its next printing of the forms associated with this package (form HUD 59100, 92900,92004-WS, 92900-G), HUD shall publish the required burden hour disclosure statement, OMB approval number and expiration date, pursuan to the Paperwork Reduction Act (5 CFR Part 1320). The public shall not that "no person shall be subject to any penalty for failure to comply with any collection of information that does not display a currently valid OMB approval number." 2) HUD shall discuss methods to reduce the burden placed upon mortgagees to refinance Section 238 Mortgages. In particular, HUD shall address any comments by the public on ways to improve the efficiency of this information collection, such as the use of computer systems or electronic filing directly with mortgagees, eve even if there is a lack of uniformity. The burden hours associated with this information collection have been adjusted upward because HUD's estimate of 16 minutes to complete 12 forms seems too low. HUD can resubmit this information collection at any time with a better justification of the burden hours associated with the 12 separate information collections. HUD shall categorize the various types of cases and provide a more detailed burden hour descriptions as per type of refinancing case.
  Inventory as of this Action Requested Previously Approved
01/31/1994 01/31/1994
38,000 0 0
58,780 0 0
0 0 0

THE DEPARTMENT IS IMPLEMENTING SECTION 235(R) OF THE NATIONAL HOUSING ACT (AS AMENDED BY SECTION 125 OF THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT REFORM ACT OF 1989 THAT ALLOWS THE SECRETARY TO INSURE MORTGAGES THAT REFINANCE SECTION 235 MORTGAGES. THE DEPARTMENT' GOAL IS TO REDUCE THE FEDERAL SUBSIDY.

None
None


No

1
IC Title Form No. Form Name
MORTGAGEE LETTER: "REFINANCING SECTION 235 MORTGAGES"

  Total Approved Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 38,000 0 0 38,000 0 0
Annual Time Burden (Hours) 58,780 0 0 58,780 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  No

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.
02/25/1991


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