Form |
Appendix No. |
Title |
No. of Respondents |
Frequency of Responses per year |
Total Annual Responses |
Hours Per Response |
Total Annual Hours |
Estimated Annual Cost to Respondents (Issuers) |
Reviewed, Processed and Maintained by Government Contrators |
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11700 |
II-1 |
Letter of Transmittal |
210 |
4 |
840 |
0.033 |
27.7 |
$859.32 |
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11701 |
I-1 |
Application for Approval Ginnie Mae Mortgage-Backed Securities Issuer |
100 |
1 |
100 |
1 |
100.0 |
$3,100.00 |
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11702 |
I-2 |
Resolution of Board of Directors and Certificate of Authorized Signatures |
210 |
1 |
210 |
0.08 |
16.8 |
$520.80 |
* |
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11704 |
II-2 |
Commitment to Guaranty Mortgage-Backed Securities |
210 |
4 |
840 |
0.033 |
27.7 |
$859.32 |
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11707 |
III-1 |
Master Servicing Agreement |
210 |
1 |
210 |
0.033 |
6.9 |
$214.83 |
* |
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11709 |
III-2 |
Master Agreement for Servicer's Principal and Interest Custodial Account |
210 |
1 |
210 |
0.033 |
6.9 |
$214.83 |
* |
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11715 |
III-4 |
Master Custodial Agreement |
210 |
1 |
210 |
0.033 |
6.9 |
$214.83 |
* |
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11720 |
III-3 |
Master Agreement for Servicer's Escrow Custodial Account |
210 |
1 |
210 |
0.033 |
6.9 |
$214.83 |
* |
|
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11732 |
III-22 |
Custodian's Certification for Construction Securities |
144 |
1 |
144 |
0.016 |
2.3 |
$71.42 |
* |
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IX-1 |
Consolidated Audit Guide for Audits of HUD Programs - Ginnie Mae (Chapters 1, 2 & 6) - Financial Statements and Audit Reports |
210 |
1 |
210 |
1 |
210.0 |
$6,510.00 |
* |
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Mortgage Bankers Financial Reporting Form |
350 |
4 |
1400 |
0.5 |
700.0 |
$21,700.00 |
* |
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11709-A |
I-6 |
ACH Debit Authorization |
210 |
1 |
210 |
0.033 |
6.9 |
$214.83 |
* |
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11710 D |
VI-5 |
Issuer’s Monthly Summary Reports |
210 |
12 |
2520 |
0.13 |
327.6 |
$10,155.60 |
* |
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11710A &11710E 1710B 1710C |
VI-4 VI-12 VI-13 |
Issuer's Monthly Accounting Report and Liquidation Schedule Issuer's Monthly Serial Notes Accounting Schedule Project Pool Report |
110 |
1 |
110 |
0.13 |
14.3 |
$443.30 |
* |
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III-21 |
Certification Requirements for the Pooling of Multifamily Mature Loan Program |
11 |
1 |
11 |
0.05 |
0.6 |
$17.05 |
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III-13 |
Electronic Data Interchange System Agreement |
40 |
1 |
40 |
0.13 |
5.2 |
$161.20 |
* |
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III-14 |
Enrollment Administrator Signatories for Issuers and Document Custodians |
54 |
1 |
54 |
0.13 |
7.0 |
$217.62 |
* |
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I-4 |
Cross Default Agreement |
10 |
1 |
10 |
0.05 |
0.5 |
$15.50 |
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VI-18 |
WHFIT Reporting |
210 |
4 |
840 |
0.13 |
109.2 |
$3,385.20 |
* |
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The burden for the items listed below is based on volume and/or number of requests |
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Note: |
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11705 |
III-6 |
Schedule of Subscribers and Ginnie Mae Guaranty Agreement |
210 |
12 |
42000 |
0.05 |
2100.0 |
$65,100.00 |
* |
average 3500 pools on monthly basis for total responses of 42,000 |
|
11706 |
III-7 |
Schedule of Pooled Mortgages |
210 |
12 |
42000 |
0.05 |
2100.0 |
$65,100.00 |
* |
average 3500 pools on monthly basis for total responses of 42,001 |
|
11708 |
V-5 |
Document Release Request |
210 |
1 |
380 |
0.05 |
19.0 |
$589.00 |
* |
Over course of year receive approximatly 380 requests |
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XI-6 XI-8 XI-9 |
SSCRA Loan Eligibility Information Solders' and Sailors' Quarterly Reimbursement Request SSCRA Eligibility and Reimbursement Files |
32 |
4 |
8000 |
0.033 |
1056.0 |
$32,736.00 |
* |
Based on number of loans that are eligible for reimbursement each quarter receive approximately 8000 requests |
|
11711A and 11711B |
III-5 |
Release of Security Interest and Certification and Agreement |
210 |
1 |
42000 |
0.05 |
2100.0 |
$65,100.00 |
* |
11711B is submitted with each pool. |
|
11714 11714SN |
VI-10 VI-11 |
Issuer's Monthly Remittance Advice Issuer's Monthly Serial Note Remittance Advice |
210 |
12 |
56400 |
0.016 |
10828.8 |
$335,692.80 |
|
Based on the number of certificate holders, 4,700 monthly for annual total of 56400. |
|
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VI-2 |
Letter for Loan Repurchase |
210 |
12 |
600 |
0.033 |
19.8 |
$613.80 |
|
On average 50 requests recevied and processed each month for an annual total of 600 |
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VII-1 |
Collection of Remaining Principal Balances |
301 |
12 |
4548000 |
0.033 |
150084.0 |
$4,652,604.00 |
* |
Currently there 379,000 pool in the Ginnie Mae portfolio that are reported on monthly for an annual total of 4,548,000 |
|
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III-21 |
Certification Requirements for the Pooling of Multifamily Mature Loan Program |
11 |
1 |
11 |
0.05 |
0.6 |
$17.05 |
|
Based on mutifamily program activity |
|
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VI-9 |
Request for Reimbursement of Mortgage Insurance Claim Costs for Multifamily Loans |
56 |
1 |
56 |
0.25 |
14.0 |
$434.00 |
* |
Based on mutifamily program activity |
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VIII-3 |
Assignment Agreements |
67 |
1 |
67 |
0.13 |
8.7 |
$270.01 |
* |
Based on number of requests to transfer Issuer responsibility |
|
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III-9 |
Authorization to Accept Facsimile Signed Correction Request Forms |
210 |
12 |
128 |
0.016 |
2.0 |
$63.49 |
* |
Based on number of requests to make corrections. |
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VI-19 |
Monthly Pool and Loan Level Report (RFS) |
301 |
12 |
4548000 |
0.13 |
591240.0 |
$18,328,440.00 |
* |
Currently there 379,000 pool in the Ginnie Mae portfolio that are reported on monthly for an annual total of 4,548,000 |
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Total |
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Varies |
9,296,021 |
Varies |
761,156 |
$23,595,850.63 |
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Estimated Cost to Respondents: |
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1. Mortgage industry employee salary: $31.00 |
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x Total Annual Hours = Cost |
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42000 |
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Estimated Annual Cost to the Government: |
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* The estimated annual cost to the Federal government for this collection is $37,575,471.12 |
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