In accordance
with 5 CFR 1320, the agency shall provide a summary of all comments
related to the information collection to OMB prior to publication
of the final rule. In addition, the agency must demonstrate that it
has evaluated each portion of the information collection to
determine if an electronic option is viable. The agency should also
demonstrate that it has evaluated an electronic signature
option.
Inventory as of this Action
Requested
Previously Approved
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This regulation codifies the
procedures which borrowers must follow in order to request
extensions of principal and interest.
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.