Escrow Account Tax Disbursement Method Disclosure, Escrow Account Tax Calculation Procedure Disclosure -- FR-4079

ICR 199608-2502-002

OMB: 2502-0517

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
2502-0517 199608-2502-002
Historical Active
HUD/OH
Escrow Account Tax Disbursement Method Disclosure, Escrow Account Tax Calculation Procedure Disclosure -- FR-4079
New collection (Request for a new OMB Control Number)   No
Regular
Approved without change 10/01/1996
Retrieve Notice of Action (NOA) 08/21/1996
  Inventory as of this Action Requested Previously Approved
10/31/1999 10/31/1999
35,000,000 0 0
3,839,662 0 0
0 0 0

RESPA Act, 12 U.S.C. 2609, provides for escrow accounts. The proposed rule would require disclosure to borrowers the lenders disbursement method (i.e., annual, semiannual). Please review attached justification for further details.

None
None


No

1
IC Title Form No. Form Name
Escrow Account Tax Disbursement Method Disclosure, Escrow Account Tax Calculation Procedure Disclosure -- FR-4079

  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 35,000,000 0 0 35,000,000 0 0
Annual Time Burden (Hours) 3,839,662 0 0 3,839,662 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.
08/21/1996


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