Real Estate Title Clearance and Loan Closing - 7 CFR 1927-B
Revision of a currently approved collection
No
Regular
Approved without change
08/19/2021
02/26/2020
In accordance with 5 CFR 1320, the information collection is approved for three years. For all USDA forms included in this collection but not approved under a 0575 control number, the agency that developed this form must convert it to a common form, and RHS must submit a RCF for their total agency burden for use of this form, including the burden from this collection, all prior to the next renewal. For all 0575 forms included in this collection, not approved under 0575-0147, and used by any other agency other than RHS, RHS must convert this form to a common form prior to the next renewal and advise the other agency to submit their usage under a RCF. For all 0575 forms included in this collection, not approved under 0575-0147, and only used by RHS, RHS must merge the burden for their total agency use of this form into a single ICR under one OMB control number prior to the next renewal. Prior to the next renewal, please ensure that all forms display the OMB control number, expiration date, and PRA burden statement.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
08/31/2024
36 Months From Approved
08/31/2021
22,214
0
29,450
2,957
0
3,929
0
0
0
This regulation promulgates the policies and procedures or real estate title clearance and closing of loans, assumptions, voluntary conveyances, and credit sales in connection with insured loans. This regulation does not apply to guaranteed loans.
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.
7 CFR 1927-B, "Real Estate Title Clearance and Loan Closing"