As shown by the changes to this collection, HUD shall continue to estimate the cost burden of reporting and recordkeeping.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
01/31/2017
36 Months From Approved
832,000
0
0
208,000
0
0
100,000
0
0
Counseling certificates will provide proof to lenders and other interested parties that clients have received counseling. The certificates may be required to access certain loan programs or benefits. Theses certificates will have identifiers unique to the client and counselor to prevent falsifying these certificates.
US Code:
12 USC 1701w
Name of Law: Housing Counseling Program
US Code:
12 USC 1701x
Name of Law: Housing Counseling Program
PL: Pub.L. 111 - 203 1443 Name of Law: Frank Dodd Act
New Collection. The completed certificate will be presented to lenders and servicers by the client when applying for services, benefits and/or loan products. Some services, benefits and/or loan products require homeownership or home retention counseling in order for the client to participate. The certificate will provide proof that the client has received counseling from a HUD-approved housing counseling agency.
$50,000
No
Yes
No
Yes
No
Uncollected
Betsy McDaniel 202 708-0614 ext. 4465
Reginfo record details
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.