Narrative of Changes Document for OMB Collection 1660-0086

Narrative of Changes

The purpose of the Narrative of Changes is to clearly indicate changes to a collection since the previous approval.

Collection Title: National Flood Insurance Program – Mortgage Portfolio Protection Program (MPPP)

OMB Control No.: 1660-0086

Current Expiration Date: 12/31/2016

Collection Instruments: No Form

This collection is being submitted as a reinstatement without change.

The following are the changes to the collection:

Supporting Statement:

Question 8a – Updated to reflect FRN publication information.

Question 10 – Updated to reflect current privacy information.

Question 12 – Updated to reflect the current wage rate. See table below.

Question 14 – Costs to the Federal Government updated.

Estimated Annualized Burden Hours and Costs
Type of Respondent	Form Name / Form Number	No. of Respon-dents	No. of Respon-ses per Respon-dent	Total No. of Responses	Avg. Burden per Response (in hours)	Total Annual Burden (in hours)	Avg. Hourly Wage Rate	Total Annual Respondent Cost
Business or other for-profit	Financial Assistance/Subsidy Arrangement Notice of Acceptance / No Form	91	1	91	30 minutes (0.5)	46	$47.57	$2,188.22
Business or other for-profit	Mortgage Portfolio Protection Program Agreement Receipt for Materials / No Form	250	1	250	30 minutes (0.5)	125	$56.97	$7,121.25
Total		341		341		171		$9,309.47

• Note: The “Avg. Hourly Wage Rate” for each respondent includes a 1.46 multiplier to reflect a fully-loaded wage rate.

Question 15 – See explanation below.

Itemized Changes in Annual Burden Hours
Data collection Activity/Instrument	Program Change (hours currently on OMB Inventory)	Program Change (New)	Difference	Adjustment (hours currently on OMB Inventory)	Adjustment (New)	Difference
Financial Assistance/Subsidy Arrangement Notice of Acceptance / No Form				46	46	0
Mortgage Portfolio Protection Program Agreement Receipt for Materials / No Form				125	125	0
Total(s)				171	171	0

Explain:

There are no changes to the annual hour burden previously reported and there has been no change to the information being collected.