Home Equity Conversion Mortgage (HECM) Insurance Application for Reverse Mortgages and Related Documents

ICR 201411-2502-010

OMB: 2502-0524

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Justification for No Material/Nonsubstantive Change
2014-11-14
Supporting Statement A
2014-03-31
Supplementary Document
2014-03-31
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
Supplementary Document
2013-11-06
ICR Details
2502-0524 201411-2502-010
Historical Active 201402-2502-008
HUD/OH
Home Equity Conversion Mortgage (HECM) Insurance Application for Reverse Mortgages and Related Documents
No material or nonsubstantive change to a currently approved collection   No
Regular
Approved without change 01/02/2015
Retrieve Notice of Action (NOA) 11/17/2014
  Inventory as of this Action Requested Previously Approved
05/31/2017 05/31/2017 05/31/2017
100,000 0 100,000
450,235 0 450,235
0 0 0

The HECM reverse mortgage application and related documents are used to determine the eligibility of the borrower and proposed mortgage transaction for FHA insurance endorsement. This submission is a consolidation of additional consumer notification requirements formerly approved under 2502-0534 and 2502-0546.

US Code: 12 USC 1715z-20 Name of Law: National Housing Act
  
None

Not associated with rulemaking

  77 FR 53209 08/31/2012
78 FR 36562 06/18/2013
No

  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 100,000 100,000 0 0 0 0
Annual Time Burden (Hours) 450,235 450,235 0 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$0
No
No
No
No
No
Uncollected
Kathleen Hardy 202 708-2121 [email protected]

  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.
11/17/2014


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