Single Family Premium Collection Subsystem-Upfront

ICR 201211-2502-007

OMB: 2502-0423

Federal Form Document

Forms and Documents
Document
Name
Status
Supporting Statement A
2013-09-04
Supplementary Document
2013-05-31
Supplementary Document
2013-05-31
Supplementary Document
2010-06-07
IC Document Collections
ICR Details
2502-0423 201211-2502-007
Historical Active 201004-2502-004
HUD/OH
Single Family Premium Collection Subsystem-Upfront
Extension without change of a currently approved collection   No
Regular
Approved with change 09/11/2013
Retrieve Notice of Action (NOA) 06/20/2013
As shown by the changes to this collection, HUD will accurately account for the costs of the form.
  Inventory as of this Action Requested Previously Approved
09/30/2016 36 Months From Approved 09/30/2013
32,532 0 48,192
4,880 0 7,229
0 0 0

Lenders use the Single Family Premium Collection Subsystem-Upfront (SFPCS-U) to remit the upfront premium to obtain mortgage insurance for the homeowner. The information strengthens HUD's ability to manage and process upfront single-family mortgage insurance premium collections and corrections to submit data. It also improves data integrity for the Single Family Mortgage Insurance Program.

None
None

Not associated with rulemaking

  78 FR 14323 03/05/2013
78 FR 36563 06/18/2013
No

1
IC Title Form No. Form Name
Single Family Premium Collection Subsystem-Upfront

  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 32,532 48,192 0 0 -15,660 0
Annual Time Burden (Hours) 4,880 7,229 0 0 -2,349 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
There is a decrease in the number of lenders as lenders merge into other companies. This has resulted in a decrease in responses. Also, HUD has decreased its estimate of burden hours per response because the transactions are all electronic.

$150,000
No
No
No
No
No
Uncollected
Keely Stevenson 202 402-3433

  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.
06/20/2013


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