The cost burden
was removed because it monetized (and thus double-counted) the hour
burden.
Inventory as of this Action
Requested
Previously Approved
12/31/2009
36 Months From Approved
12/31/2006
50
0
250
25
0
125
0
0
0
One-time certification by mortgages to
show that they have acquired hazard insurance acceptable to HUD at
a reasonable rate and that the mortgagee may convey fire damaged
properties without a surcharge to the claim.
The National Servicing Center
reported during the period of July 2005 to June 2006 that of the
53,879 claims filed, 18 actual claims involved damaged property
conveyances. The estimated number of cases decreased from 250 to 18
from the last time this PRA was approved. We are estimating 50
cases per year to adjust for the recent natural disasters of 2005.
This will be a decrease of 100 burden hours. The number of
respondents increased from 250 to 275 to include all loan servicers
to whom this collection of information applies and not just those
who actually certify.
$825
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Robert Juenger 202
708-1672
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.