Certified Eligibility for Adjustments for Damage or Neglect

ICR 200610-2502-005

OMB: 2502-0349

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2006-10-12
IC Document Collections
ICR Details
2502-0349 200610-2502-005
Historical Active 200308-2502-007
HUD/OH
Certified Eligibility for Adjustments for Damage or Neglect
Extension without change of a currently approved collection   No
Regular
Approved without change 12/28/2006
Retrieve Notice of Action (NOA) 10/18/2006
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.

None
None

Not associated with rulemaking

  71 FR 142 07/25/2006
71 FR 201 10/18/2006
No

1
IC Title Form No. Form Name
Certified Eligibility for Adjustments for Damage or Neglect

  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 50 250 0 0 -200 0
Annual Time Burden (Hours) 25 125 0 0 -100 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
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.
10/18/2006


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