This revision is based on the
claims activity involving the mortgage loan servicing of foreclosed
mortgage loans after the foreclosure. Due to conditions in the
mortgage banking industry, foreclosures, claims, and acquisitions
have increased. Additionally, due to the increased popularity of
the FHA-insured loan program the loan portfolio has increased over
ten times since this PRA was first established three years ago. The
number of respondents has also increased in addition to existing
respondents becoming more active.
$363,750
No
No
No
No
No
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.