Ginnie Mae Multiclass Securities Program Documents

ICR 200611-2503-001

OMB: 2503-0030

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2007-02-20
Supporting Statement A
0000-00-00
IC Document Collections
IC ID
Document
Title
Status
27384
Modified
ICR Details
2503-0030 200611-2503-001
Historical Active 200312-2503-001
HUD/GNMA
Ginnie Mae Multiclass Securities Program Documents
Revision of a currently approved collection   No
Regular
Approved without change 05/18/2007
Retrieve Notice of Action (NOA) 02/20/2007
  Inventory as of this Action Requested Previously Approved
05/31/2010 36 Months From Approved 05/31/2007
152 0 160
21,346 0 19,456
0 0 0

This collection of information is required in connection with the Multiclass Securities Program. The intent of the Multiclass Securities program is to increase liquidity in the secondary mortgage market and to attract new sources of capital for federally insured or guaranteed residential loans.

US Code: 12 USC 1721(g)(1) Name of Law: National Housing Act
  
None

Not associated with rulemaking

  71 FR 140 07/21/2006
72 FR 30 02/14/2007
No

1
IC Title Form No. Form Name
Ginnie Mae Multiclass Securities Program Documents

  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 152 160 0 0 -8 0
Annual Time Burden (Hours) 21,346 19,456 0 1,890 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The increase in burden hours was a result of the implementation of the Mulitclass’ Stripped Mortgage-Backed Securities program (“SMBS”). The Multiclass program now has three types of participants: REMIC, Platinum and SMBS. The previous collection of information was for two types of participants: REMIC and Platinum.

$5,500,000
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Kirk Freeman 202 401-8970

  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.
02/20/2007


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