FHA-Insured Mortgage Loan
Servicing for Performing Loans; MIP Processing, Escrow
Administration, Customer Service, Servicing Fees and 235 Loans
Revision of a currently approved collection
No
Regular
09/29/2020
Requested
Previously Approved
36 Months From Approved
01/31/2021
73,801,022
77,491,074
1,489,563
3,064,042
0
0
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 an existing OMB collection under this
collection.
Due to conditions in the
mortgage industry, foreclosures, claims, and conveyances have
decreased. With this decrease, the information collection results
in a decrease in the estimated number of respondents, responses and
annual burden hours.
$228,296
No
Yes
Yes
No
No
No
No
Venida Brown 202 708-0614 ext.
2456
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.