This form is available electronically. |
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FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency
Reporting and Recordkeeping Requirements
|
1. OMB No. |
0560-0236 |
2. Title of Clearance |
Direct Loan Servicing – Regular Page 1 |
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3.
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4.
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5.
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6.
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7.
|
Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12) |
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Description (Title of Form, Report or Record) |
Report
|
Record
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Form No.
|
Regulation Part/Sec. |
8.
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9.
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10.
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11.
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12. Total Burden Hours |
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No. of Respondents |
No. of Reports Filed Per Person |
Total Annual Responses |
Average Time to Respond
|
Exempt |
Non-Exempt |
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Notification of approval and borrower responsibilities |
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|
2025 (Farmer) |
765.403; 766.204 |
682 |
1 |
682 |
20 |
|
228 |
||||
Agreement for disposition of security/release of proceeds
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|
2040 (Farmer) |
765.302 |
41,749* |
1 |
41,749 |
20 |
|
13,917 |
||||
Update of agreement for disposition/release of proceeds |
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|
2040 (Farmer) |
765.302 |
15,660 |
2 |
31,316 |
10 |
|
5,220 |
||||
Application for partial release, subordination/consent |
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|
2060 (Farmer) |
765.205; 765.206 |
10,839 |
1 |
10,839 |
30 |
|
5,383 |
||||
Cancelling undisbursed loan funds |
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|
2425 (Farmer) |
765.152 (b) (7)
|
571* |
1 |
571 |
10 |
|
96 |
||||
Temporary amendment-consent to payment of proceeds from sale |
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|
2450 (Business) |
765.302 (d) |
561* |
1 |
561 |
10 |
|
94 |
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Assignment, acceptance/release for wool and mohair/borrower |
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2465 (Farmer) |
765.305 (b) |
20 |
1 |
20 |
10 |
|
4 |
||||
Assignment, acceptance/release for wool and mohair/broker |
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|
2465 (Business) |
765.305 (b) |
20* |
1 |
20 |
10 |
|
4 |
||||
Transfer of real estate security/borrower |
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|
2476 (Farmer) |
765.401 (b) |
469 |
1 |
469 |
15 |
|
118 |
||||
Transfer of real estate security/transferee |
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|
2476(Farmer) |
765.401 (b) |
469* |
1 |
469 |
15 |
|
118 |
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Assumption Agreement |
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2489 (Farmer) |
765.401 (a) (2) |
625* |
1 |
625 |
20 |
|
208 |
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Lenders’ loan underwriting standards
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Non-form (Business) |
765.101 (a) |
598* |
1 |
598 |
20 |
|
200 |
||||
Lender review of borrower’s prospectus |
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Non-form (Business) |
765.101 (d) |
1,719* |
4 |
6,876 |
30 |
|
3,438 |
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Lender response to borrower’s prospectus |
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Non-form (Business) |
765.101 (e) |
1,290 |
4 |
5,160 |
10 |
|
860 |
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Borrower documentation of inability to graduate |
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Non-form (Farmer) |
765.101 |
5,117* |
1 |
5,117 |
5 |
|
427 |
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SUTOTALS |
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TOTALS |
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This form is available electronically. |
||||||||||||||
FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency
Reporting and Recordkeeping Requirements
|
1. OMB No. |
0560-0236 |
2. Title of Clearance |
Direct Loan Servicing – Regular Page 2 |
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|
|
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3.
|
4.
|
5.
|
6.
|
7.
|
Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12) |
|||||||||
Description (Title of Form, Report or Record) |
Report
|
Record
|
Form No.
|
Regulation Part/Sec. |
8.
|
9.
|
10.
|
11.
|
12. Total Burden Hours |
|||||
|
|
|
|
|
No. of Respondents |
No. of Reports Filed Per Person |
Total Annual Responses |
Average Time to Respond
|
Exempt |
Non-Exempt |
||||
Lender documentation of borrower inability to graduate |
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Non-form (Business) |
765.101 |
1,705 |
1 |
1,705 |
10 |
|
285 |
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Borrower request for refund of overpayment |
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Non-form (Farmer) |
765.155 (c) |
20* |
1 |
20 |
15 |
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5 |
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Creditor consent to second subordination |
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Non-form (Business) |
765.205 (c) |
186* |
1 |
186 |
10 |
|
31 |
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Assignment of insurance proceeds from 2nd subordination |
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Non-form (Farmer) |
765.202 (c) |
186 |
1 |
186 |
10 |
|
31 |
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Operating plan for agency to consent to junior lien |
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Non-form (Farmer) |
765.206 (b) (2) |
771 |
1 |
771 |
10 |
|
129 |
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Junior lienholder agreement |
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Non-form (Business) |
765.206 (b) (4) |
771 |
1 |
771 |
10 |
|
129 |
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Borrower request for severance agreement |
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Non-form (Farmer) |
765.207 |
292 |
1 |
292 |
10 |
|
4965 |
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Request to lease security – copy of lease |
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Non-form (Farmer) |
765.251, 765.252 |
365 |
1 |
365 |
20 |
|
122 |
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Request to cease operating security – copy of lease |
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Non-form (Farmer) |
765.251, 765.253 |
365 |
1 |
365 |
30 |
|
183 |
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Borrower request for lienholder consent to use proceeds |
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Non-form (Farmer) |
765.301, 765.303 |
399 |
1 |
399 |
10 |
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67 |
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Lienholder consent to use proceeds |
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Non-form (Business) |
765.301, 765.303 |
998* |
1 |
998 |
15 |
|
250 |
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Borrower requested use proceeds from timber, gravel, etc. |
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Non-form (Farmer) |
765.351 (b) (2) |
102 |
2.5 |
252 |
10 |
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44 |
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Lienholder consent to use timber, gravel, etc., proceeds |
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Non-form (Business) |
765.351 (b) (2) |
255* |
1 |
255 |
15 |
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64 |
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Borrower assignment of proceeds from timber, etc. to agency |
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Non-form (Farmer) |
765.351 (b) (2) |
102 |
1 |
102 |
15 |
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26 |
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SUBTOTALS |
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TOTALS |
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||||||||
This form is available electronically. |
||||||||||||||
FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency
Reporting and Recordkeeping Requirements
|
1. OMB No. |
0560-0236 |
2. Title of Clearance |
Direct Loan Servicing – Regular Page 3 |
||||||||||
|
|
|||||||||||||
3.
|
4.
|
5.
|
6.
|
7.
|
Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12) |
|||||||||
Description (Title of Form, Report or Record) |
Report
|
Record
|
Form No.
|
Regulation Part/Sec. |
8.
|
9.
|
10.
|
11.
|
12. Total Burden Hours |
|||||
|
|
|
|
|
No. of Respondents |
No. of Reports Filed Per Person |
Total Annual Responses |
Average Time to Respond
|
Exempt |
Non-Exempt |
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Borrower request to exchange real estate property |
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Non-form (Farmer) |
765.351 (e) |
10 |
1 |
10 |
10 |
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2 |
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Sale of real estate – copy of contract for deed |
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Non-form (Farmer) |
765.351 (d) |
10 |
1 |
10 |
10 |
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2 |
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Assignment of Deed of Trust As Collateral-CA Form Only |
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2400-6 CA (Farmer) |
765.351 (d) (2) |
10* |
1 |
10 |
15 |
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3 |
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Request of obligated party to withdraw |
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Non-form (Farmer) |
765.406 (b) |
511* |
1 |
511 |
30 |
|
261 |
||||
Travel time |
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31,605 |
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* Denotes unduplicated respondents |
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SUBTOTALS |
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TOTALS |
53,646 |
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112,219 |
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63,545 |
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| File Type | application/vnd.openxmlformats-officedocument.wordprocessingml.document |
| File Title | This form is available electronically |
| Author | USDA-MDIOL00000DG8C |
| File Modified | 0000-00-00 |
| File Created | 2021-01-29 |