FHA-Insured Mortgage Loan
Servicing of Delinquent, Default and Foreclosure with Service
Members Act
Revision of a currently approved collection
No
Regular
03/24/2021
Requested
Previously Approved
36 Months From Approved
03/31/2021
37,756,732
38,291,776
4,456,637
4,448,210
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 new
information request for OMB review seeks to combine a couple of
existing OMB collections under one comprehensive collection for
mortgagees that service FHA-insured mortgage loans and the
mortgagors who are the home owners.
US Code:
12
USC 1703 Name of Law: The National Housing Act
This comprehensive PRA involves
all mortgage loan servicing activity of delinquent, defaulted, and
foreclosed mortgage loans. Due to conditions in the mortgage
industry, foreclosures have decrease. With this decrease, the
information collection results in a slight decrease in the
estimated number of responses, and a slight increase in annual
burden hours. The estimated number of respondents increased because
of a calculation error with the last reporting.
$28,961,734
No
No
No
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.