Loans in Areas Having Special Flood Hazards

Forms and Documents

Document Name	Status
Justification_Flood_0143 HFIAA revised clean 10-16-14.docx Supporting Statement A	2014-10-30

IC Document Collections

IC ID	Document Title	Status
213692	Other Methods - Non Electronic	New
213690	One Time Escrow Notice	New
213689	Purchase of Force-Placed Insurance for Borrower from Remapping	New
213688	Notice to Borrower and Servicer of Newly Located Property	New
213687	Purchase of Forced Placed Flood Insurance	New
213686	Notice to Borrower of Lapsed Flood Insurance	New
213685	Notice to FEMA of Change in Servicer	New
213684	Notice to FEMA of Servicer	New
213681	Notice of Special Flood Hazards Other-Burden Worksheet	New
213633	Retention of Standard Flood Hazard Determination (SFHD) Form	New

ICR Details

OMB Control No: 3133-0190	ICR Reference No: 201410-3133-005
Status: Historical Inactive	Previous ICR Reference No:
Agency/Subagency: NCUA	Agency Tracking No:
Title: Loans in Areas Having Special Flood Hazards
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Comment filed on proposed rule	Conclusion Date: 04/09/2015
	Date Received in OIRA: 10/30/2014
Terms of Clearance: Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR. The agency shall examine public comment in response to the NPRM and will describe in the supporting statement of its next collection any public comments received regarding the collection as well as why (or why it did not) incorporate the commenter’s recommendation. The next submission to OMB must include the draft final rule.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date		36 Months From Approved
Responses	0	0	0
Time Burden (Hours)	0	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: This collection of information is set forth in NCUA regulations at 12 C.F.R. Part 760 and is required by the National Flood Insurance Reform Act of 1994's amendments to the National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973 (Flood Act). 42 U.S.C. 4001 et seq. The collection of information pertains to loans secured by buildings and mobile homes located or to be located in areas determined by the Director of the Federal Emergency Management Agency (FEMA) to have special flood hazards. The obligation of federally insured credit unions to comply with Part 760 is mandatory.

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Authorizing Statute(s): US Code: 42 USC 4001 Name of Law: National Flood Insurance Act of 1968 and the Flood Disaster Protection Act of 1973
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
3052-AC93	Proposed rulemaking	79 FR 64518	10/30/2014

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Federal Register Notices & Comments

Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 10

IC Title	Form No.	Form Name
Notice of Special Flood Hazards
Notice to FEMA of Change in Servicer
Purchase of Forced Placed Flood Insurance
Notice to Borrower and Servicer of Newly Located Property
Purchase of Force-Placed Insurance for Borrower from Remapping
Retention of Standard Flood Hazard Determination (SFHD) Form
Other Methods - Non Electronic
Notice to FEMA of Servicer
Notice to Borrower of Lapsed Flood Insurance
One Time Escrow Notice

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Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Changing Regulations

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The obligation of federally insured credit unions to comply with Part 760 is mandatory.

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Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? Yes

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 10/30/2014

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