HUD has failed
to provide adequate justification for its lowered burde estimate.
HUD has not adequately demonstrated that no new loans will
originated justfying a reduced burden. Consequently, OMB will
retain the existing 50 hour estimate. HUD shall resubmit this
information co ection under 3504(h) of the Paperwork Reduction Act
upon issuance of f al rule on Single Family Mortgage Insurance on
Allegany Reservation of eneca Indians.
Inventory as of this Action
Requested
Previously Approved
07/31/1994
07/31/1994
06/30/1991
50
0
50
50
0
50
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.