FHA Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs

Forms and Documents

Document Name	Status
Form HUD 90045 FHA-Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs Form and Instruction	Modified
30 day 2502-0589.pdf Supplementary Document	2019-12-26
Supporting Statement A (2).docx Supporting Statement A	2019-09-30
2502-0589 PTA-2 .docx Supplementary Document	2019-09-27
2502-0589 Laws & Regs.zipx Supplementary Document	2019-09-27

IC Document Collections

IC ID	Document Title	Status
191451	FHA-Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs Form and Instruction	Modified

ICR Details

OMB Control No: 2502-0589	ICR Reference No: 201904-2502-003
Status: Active	Previous ICR Reference No: 201510-2502-007
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: FHA Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 08/05/2020
	Date Received in OIRA: 12/26/2019
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2023	36 Months From Approved	08/31/2020
Responses	1,896,395	0	1,283,879
Time Burden (Hours)	1,205,241	0	1,947,929
Cost Burden (Dollars)	0	0	0

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Abstract: This information collection involves mortgage loan servicers, “mortgagees” that service Federal Housing Administration “FHA” insured mortgage loans and the home owners, “mortgagors” who are involved with those activities. The information collection request for OMB review seeks to combine the requirements of several existing OMB collections under one collection; they are as follows OMB collections 2502-0301, 0464 and 0523.

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Authorizing Statute(s): US Code: 12 USC 1701 et seq. Name of Law: National Housing Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 31614	07/02/2019
30-day Notice:	Federal Register Citation:	Citation Date:
	84 FR 67951	12/12/2019
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
FHA-Insured Mortgage Loan Servicing Involving the Loss Mitigation Programs	9539, 91022, 50002, 50012, HUD 27011, HUD 90051, HUD 90035, HUD 90041, HUD 90052, HUD 90045, PA 426, 90045, 9539, 90051, 90052, 90035, 90041	Approval to Participate ,   Request for Variance ,   Sales Contract Review ,   Closing Worksheet ,   Claim for Insurance Benefits ,   Pre-foreclosure Sale Procedure ,   Avoiding Foreclosure Pamphlet ,   Request for Occupied Conveyance ,   Mortgagee Notice of Foreclosure ,   Request to Exceed Cost and Protection Limits to Preservation ,   Mortgagors Request for Extensions of Time ,   Occupied Conveyance ,   HUD form ,   New HUD form ,   New HUD form ,   New HUD form ,   Revised HUD form

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ICR Summary of Burden

	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	1,896,395	1,283,879	0	0	612,516	0
Annual Time Burden (Hours)	1,205,241	1,947,929	0	0	-742,688	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

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

Burden Increase Due to:

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

Burden Reduction Due to:

Short Statement: This is an extension of a currently approved collection. Economic conditions over the past few years have caused re-default rates on FHA-insured mortgage loans to practically remain the same, which also caused decreases in loss mitigation cases. This slight increase in market shares, the current environment appears to have stabilized and a decreased participation in FHA’s Loss Mitigation Program occurred.

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Annual Cost to Federal Government: $90,537

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

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     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]? No

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

Is this ICR related to the Pandemic Response? No

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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: 12/26/2019

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