National Flood Insurance Program - Mortgage Portfolio Protection Program (MPPP)

ICR 201007-1660-003

OMB: 1660-0086

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2010-09-07
Supplementary Document
2010-09-07
Supplementary Document
2010-07-20
Supplementary Document
2010-07-09
Supplementary Document
2010-07-09
Supplementary Document
2010-07-09
Supplementary Document
2010-07-09
Supplementary Document
2010-07-07
Supporting Statement A
2010-09-24
ICR Details
1660-0086 201007-1660-003
Historical Active 200706-1660-002
DHS/FEMA
National Flood Insurance Program - Mortgage Portfolio Protection Program (MPPP)
Revision of a currently approved collection   No
Regular
Approved with change 09/29/2010
Retrieve Notice of Action (NOA) 08/02/2010
18 months approval is granted for the form due to lack of GPEA compliance. FEMA notes in the Supporting Statement it expects to develop and deploy an electronic means for collections by the end of the 2nd quarter of FY2012. The form then would be eligible for a three-year approval.
  Inventory as of this Action Requested Previously Approved
03/31/2012 36 Months From Approved 09/30/2010
341 0 6,273
171 0 2,386
0 0 0

The MPPP is a mechanism used by lending institutions, Mortgage Servicing companies, and others servicing mortgage loan portfolio to bring their mortgage loan portfolios into compliance with the flood insurance purchase requirements under the National Flood Insurance Program. The MPPP results in mortgagors, following receipt of notification, of the most need for flood insuance, showing evidence of such a policy or purchasing coverage through their local insurance agent or WYO.

US Code: 42 USC 4001 et seq. Name of Law: National Flood Insurance Act of 1968
  
None

Not associated with rulemaking

  75 FR 24726 05/05/2010
75 FR 40848 07/14/2010
No

  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 341 6,273 0 -6,001 69 0
Annual Time Burden (Hours) 171 2,386 0 -2,215 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
Yes
Cutting Redundancy
The increase in hour burden for the Financial Assistance/Subsidy Arrangement Notice of Acceptance results from an increase in number of respondents choosing to participate. The decrease in hour burden results from the removal of the following two data collection instruments: the WYO Company Policy Issuance data collection activity is controlled under OMB Control Number 1660-0006 and the 1,500 annual hour burden are removed from this collection; and the WYO (New Program Entrant Insurance Company) data collection activity is controlled under OMB Control Number 1660-0020 and the 750 annual hour burden are removed from this collection.

$24,442
No
No
No
Uncollected
No
Uncollected
John Ramsay 202 646-4247 [email protected]

  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.
08/02/2010


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