Lenders provide information required
to determne the eligibility of a mortgage to be insured under
Section 513 of the Housing and Community Development Act of 1992
(Section 106 of the Energy Policy Act of 1992).
US Code:
42
USC C12712 Name of Law: The Public Health and Welafre
FHA's system records show that
there are 110 approved FHA lenders who currently originate EEMs.
The number of FHA endorsed loans (605) was used to reflect a more
accurate picture of the collection activity. To use the number of
FHA approved lenders (as done in the past) appears to misrepresent
of the accuracy of the burden due to the fact that some lenders may
process more EEM cases than others and have more FHA business than
other lenders.
$30,660
No
Yes
No
No
No
Uncollected
Trish McBarron 202
402-5389
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.