REQUEST FOR INSURANCE ENDORSEMENT UNDER THE DIRECT ENDORSEMENT PROGRAM

ICR 199301-2502-006

OMB: 2502-0365

Federal Form Document

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ICR Details
2502-0365 199301-2502-006
Historical Active 199003-2502-010
HUD/OH
REQUEST FOR INSURANCE ENDORSEMENT UNDER THE DIRECT ENDORSEMENT PROGRAM
Extension without change of a currently approved collection   No
Regular
Approved without change 04/13/1993
Retrieve Notice of Action (NOA) 01/19/1993
The May 1988 version of HUD Form 54111 is approved for use through April 1996. Per HUD's memo to OMB dated April 12, 1993, HUD has chosen not to make any revisions at this time. Therefore, the December 1991 version of the Form 54111 included in this package does t have OMB approval for use.
  Inventory as of this Action Requested Previously Approved
04/30/1996 04/30/1996 04/30/1993
600,000 0 600,000
100,000 0 100,000
0 0 0

THE DIRECT ENDORSEMENT PROGRAM PERMITS MORTGAGE LENDERS TO UNDERWRITE APPLICATIONS FOR MORTGAGE INSURANCE AND CLOSE MORTGAGE LOANS WITHOUT PRIOR HUD REVIEW. LENDERS THEN SUBMIT THE CLOSING PACKAGE TO HUD WITH REQUEST FOR INSURANCE ENDORSEMENT. THE REQUEST IS KEYED INTO HUD'S COMPUTER SYSTEM TO SPEED THE PROCESS OF ISSUING A COMPUTER-GENERATED MORTGAGE INSURANCE CERTIFICATE.

None
None


No

1
IC Title Form No. Form Name
REQUEST FOR INSURANCE ENDORSEMENT UNDER THE DIRECT ENDORSEMENT PROGRAM HUD-54111

  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 600,000 600,000 0 0 0 0
Annual Time Burden (Hours) 100,000 100,000 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
01/19/1993


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