Borrowers submit a land survey and
related information to secure a marketable title and title
insurance for multifamily project mortgage insurance. The
submission is made at application and at closing.
US Code:
12
USC 1709 Name of Law: Bank and Banking
This is an extension of a
currently approved collection. The reduction in burden hours from
the previous collection is attributable to a decrease in the
average number of firm commitment applications over a three-year
period.
$2,834
No
No
No
No
No
No
Uncollected
Carmelita James 202 708-1142
ext. 2579
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.