Approved. HUD
should make sure that they note the reason for any burden change in
the supporting statement, in such a way that it is clear to a
reader why the burden numbers have been revised.
Inventory as of this Action
Requested
Previously Approved
07/31/2006
07/31/2006
06/30/2003
1,800
0
1,800
177,777
0
266,666
1,700,000
0
1,700,000
This report collects information from
mortgage lenders on application for, and originations and purchases
of, mortgage and home improvement loans. Non-depository mortgage
lending institutions are required to use the report as a running
log throughout the calendar year, and send the report to HUD by
March 1 of the following calendar year.
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.