When the terms of a Multifamily
contract are breached or when a mortgagee meets conditions stated
within the Multifamily contract for an automatic assignment, the
holder of the mortgage may file for insurance befits. To receive
these benefits, the mortgagee must prepare and submit to HUD the
Multifamily Insurance Benefits Claims Package. HUD uses the
information collection to determine the insurance benefits owed to
the mortgagee.
This is an extension of
previously approved collection. The adjustment in annual burden
hours and responses is a more accurate reporting for this
collection of information. This collection contains all information
collection requirements for Multifamily insurance benefits claims
packages
$5,145
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Steven Trojan
2024022823
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.