Reporting and Recordkeeping Requirements

Reporting and Recordkeeping Requirements.xlsx

Guaranteed Farm Loan Programs

Reporting and Recordkeeping Requirements

OMB: 0560-0155

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Overview

GLB 2016
Supporting Data


Sheet 1: GLB 2016





0560-0155 GLB - EZ - MLP
7/31/2020


















Lenders Agreement

FSA-2201



60


L-Lenders (2045 total lenders)

(Business) 762.105 (d) 500 1 500 1
500
Guaranteed Micro Lender Application

FSA-2205



60


Lender (Curently only 1 MLP lender)

(Business) 762.107 2 1 2 1
2
Application for Guarantee

FSA-2211



20


A-Applicants

(Farmer) 762.110 (a) 7760 1 7760 0.33
2587
Application for Guarantee

FSA-2211



130


L-Lenders (1000-SEL,150-CLP, 200 PLP)

(Business) 762.142 (b) 1350 5.75 7760 2.17
16813
Interest Assistance Agreement

FSA-2221



15


A-Applicants

(Farmer) 762.150 (6) 0 0 0 0.25
0
Interest Assistance Agreement

FSA-2221



15


L-Lenders

(Business) 762.150 (6) 0 0 0 0.25
0
Request for Interest Assistance

FSA-2222



20


L-Lenders

(Business) 762.150 (a) (1) 0 0 0 0.33
0
Conditional Commitment

FSA-2232



15


L-Lenders (SEL-1000 CLP-150 PLP-200)

(Business) 762.130 (4)(c)(2) 1350 6.1 8250 0.25
2063
Loan Closing Report and Lender Certification

FSA-2236



75


L-Lenders

(Business) 762.130 (4) 1350 6.1 8250 1.25
10313
Guaranteed Loan Status Report

FSA-2241



20


L-Lenders

(Business) 762.130 (d) 2045 56.2 114764 0.33
37872












Bold-Denotes unduplicated respondents


































TOTALS



14357
147286

70149




0560-0155




















Assignment of Guarantee

FSA-2242



30


L-Lenders

(Business) 762.160(a)(6) 350 5.71 2000 0.5
1000
Guaranteed Farm Loan Default Status

FSA-2248



20


Lenders

(Business) 762.141 (a) 1850 3.24 11100 0.33
3663
Lender's Guaranteed Loan Payment to USDA

FSA-2251



30


Lenders

(Business) 762.144 (c) 9 1 9 0.5
5
Farm Loan Programs Guaranteed Writedown Worksheet

FSA-2252



120


Lender

(Business) 763.145(4)(e) 10 1 10 2
20
Shared Appreciation Agreement for Guaranteed Loans

FSA-2253



60


Applicants

(Farmer) 762.147 5 1 5 1
5
Shared Appreciation Agreement for Guaranteed Loans

FSA-2253



60


Lenders

(Business) 762.147 5 1 5 1
5
Guaranteed Loan Report of Loss

FSA-2254



1500


Lenders

(Business) 762.144 (c) 480 2 960 25
24000
Supplemental Loss Form

FSA-2254-A



75


Lenders

(Business) 762.144 480 1 480 1.25
600
Report of Collection Activities on Liquidated Accounts

FSA-2261



10


Lenders

(Business) 762.141 (f) 957 2 1914 0.17
319




















































































































































































TOTALS



4146
16483

29617




0560-0155



















Non-Form Collection






Substitution Of Lenders-New



60


Lenders

Agreement 762.105 (c) (2) 20 1 20 1
20
Substitution Of Lenders-Original

Assignment of



30


Lenders

Document 762.105 (c) (3) 10 1 10 0.5
5
Lender Name or Ownership Change

Written



20


Lenders

Notification 762.105 (d) (3) 20 1 20 0.33
7
SEL Eligibility Criteria (New)






300


Lenders

Evidence 762.105 (b) 10 1 10 5
50
PLP & CLP Eligibility Criteria (New)

Supporting



300


Lenders

Documents 762.106 9(a) 20 1 20 5
100
CLP Eligibility Criteria (Renewal)

Supporting



300


Lenders (40)

Documents 762.106 (f)(2) 37 1 40 5
200
PLP Eligibility Criteria (Renewal)

Supporting



300


Lenders (50)

Documents 762.106 (f)(2) 38 1 50 5
250
CLP & PLP Criteria-Training

Physical



480


Lenders

Attendance 762.106 (b)(6)(i) 762.106 ( c) (1) 373 2 746 8
5968
Monitoring SEL Lenders

Access to



360


Lenders

Files 762.106 (e) 836 1 836 6
5016
Monitoring CLP Lenders

Access to



360


Lenders

Files 762.106 (e) 185 1 185 6
1110
Monitoring PLP Lenders

Access to



360


Lenders

Files 762.106 (e) 94 1 94 6
564
Conflict of Interest

Written



15


Applicants

Evidence 762.110 (f) 800 1 800 0.25
200
Insurance-Farm Inspection-Environmental

Written



75


Lenders

Evidence 762.123 (a)(1)&(b) 1350 5.63 7600 1.25
9500
Inspections Construction (post close)

Written



30


Lenders

Evidence 762.130 (xi)(2) 500 1 500 0.5
250
Interest Rates, Terms, Charges & Fees

Written



15


Lenders

Evidence 762.124 (a)(1) 100 1 100 0.25
25
Appraiser Requirements

Written



60


Lenders

Evidence 762.127 1000 3 3000 1
3000
Appraisal-Real Estate

Written



300


Lenders

Evidence 762.127 (c) 4250 1 4250 5
21250
Appraisal-Chattels

Written



60


Lenders

Evidence 762.127 (b)(3) 4000 1 4000 1
4000
Equal Opportunity and Non-Discrimination

Written



75


Lenders

Evidence 762.128 (d)(2) 25 2 50 1.25
63
























TOTALS



13668
22331

51578




0560-0155



















Replacement of Loan Guarantee or Assignment of Guarantee Agreement

Summary of



30


Guarantee Agreement-Lender

Analysis 762.130(f) 75 1 75 0.5
38
Reporting Requirements-SEL

Written



120


Lenders

Analysis 762.141 (d) 1671 1 1671 2.0
3342
Reporting Requirements-CLP

Written



60


Lenders

Analysis 762.141 (c) 185 1 185 1.0
185
Reporting Requirements-PLP

Written



30


Lenders

Analysis 762.141 (3) (e) 188 1 188 0.50
94
Partial Release

Financial



360





Information 762.142 (b)(2) 100 3 300 6.00
1800
Subordinations

Financial



360





Information 762.142 (c) 25 4 100 6.00
600
Transfer & Assumption

Written



20





Notice 762.142 (d)(9) 50 1 50 0.33
9
Repurchase by Lender

Written



30


Lenders


762.144 (b)(1) 100 2 200 0.50
100
Repurchase by the Agency

Demand and



15


Holders

Supporting 762.144 (1) 1 1 1 0.25
0
Repurchase for Servicing

Request to



20


Lenders

SED 7 CFR 762.144(d) 50 5 250 0.33
83
Restructuring Guaranteed Loans-SEL

Financial 762.145 (a)(3)(III)


180





Data
209 3 627 3
1881
Restructuring Guaranteed Loans-CLP

Financial 762.145 (a)(3)(iii)


120





Data
70 1 70 2
140
Restructuring Guaranteed Loans-PLP

Narrative & 762.145 (a)(3)(iii)


20





copies
71 1 71 0.33
24
Debt Writedwon

Evidence of 762.145 (e)


600





Contract
10 1 10 10
100








































































TOTALS



2805
3798

8396





0560-0155



















Other Servicing Procedures

Written



120


Additional Loan & Advances

Analysis 762.146 (a)(2) 200 2 400 2
800
Release of Liability after Liquidation

Financial



300





Data 762.146 (c) 150 1 150 5
750
Interest Rate Change

Written



60





Notification 762.146 (d) 250 2 500 1
500
Shared Appreciation Agreements (Servicing)

Written



240





Notification 762.147 5 1 5 4
20
Mediation

Prepare for &



240





Attend Meeting 762.149(a) 100 1 100 4
400
Liquidation Plan

Written



360





Plan 762.149 (b) 435 1 435 6
2610
Protective Advances

Supporting



60





Documents 762.149 (e)(1) 67 5 335 1
335
Acceleration

Copy of



10





Letter 762.149 (g) 300 1 300 0.17
170
Assignment of Guarantee

Written



15





Notification 762.16 250 6 1500 0.25
375
Market Placement Program

Written 762.110(g)


60





Notification
25 1 25 1
25
Environmental & Special Laws


762.128(a)


















































































































































































































TOTALS



1782
3750

5985
























Letter Of Interest

FSA-2680



120


Prompt Payment Buyer

(Farmer) 763.7 (a) 0 1 0 2
0
Letter Of Interest

FSA-2680



120


Standard Guarantee-Seller

(Farmer) 763.7 (a) 0 1 0 2
0
Land Contract Agreement for Prompt Payment Guarantee

FSA-2681



120


Prompt Payment-Buyer

(Farmer) 763.17 (c) 0 1 0 2
0
Land Contract Agreement for Prompt Payment Guarantee

FSA-2681



120


Prompt Payment-Seller

(Farmer) 763.17 (c) 0 1 0 2
0
Land Contract Agreement for Prompt Payment Guarantee

FSA-2681



120


Prompt Payment-Agent

(Business) 763.17 (c) 0 1 0 2
0
Land Contract Agreement for Standard Guarantee

FSA-2682



120


Standard Payment-Buyer

(Farmer) 763.17 (c) 0 1 0 2
0
Land Contract Agreement for Standard Guarantee

FSA-2682



120


Standard Payment-Seller

(Farmer) 763.17 (c) 0 1 0 2
0
Land Contract Agreement for Standard Guarantee

FSA-2682



120


Standard Payment-Agent

(Business) 763.17 (c) 0 1 0 2
0
Request for Land Contract Loan Making Assistance (farmers)

FSA-2683 763.7 (b)(1)


40


Land Contract Recapture Agreement (farmers)

FSA-2684 7 CFR 763.20(b)(2)(ii)(B) 0 1 0 0.60
0
Non-Forms










Copy of Insurance-Seller

Non-Form 763.15 (a)


15


Loan Making

(Farmer)
0 1 0 0.25
0.00
Copy of Insurance-Seller

Non-Form 763.18 (a)(4)


15


Loan Servicing

(Farmer) 763.18 (b)(4) 0 1 0 0.25
0.00
Copy of Real Estate Taxes-Seller

Non-Form 763.15 (a)


15


Loan Making

(Farmer)
0 1 0 0.25
0.00
Copy of Real Estate Taxes-Agent

Non-Form 763.18 (a)(4)
1
15


Loan Servicing

(Farmer) 763.18 (b)(4) 0 1 0 0.25
0.00
Copy of Land Contract

Non-Form 763.7 (b)(13)


15





(Farmer)
0 1 0 0.25
0.00
Additional Information

Non-Form 763.7 (b)(3)(v)


15





(Farmer) 763.7 (b)(14) 0 1 0 0.25
0.00
Copy of Agent Bonding Documents-Agent

Non-Form 763.11 (c)(1)


15


Loan Servicing

(Business) 763.11 (c)(2) 0 1 0 0.25
0.00
Annual Inspection Report-Agent

Non-Form



15


Loan Servicing-(Standard)

(Business) 763.18 (b)(5) 0 1 0 0.25
0.00
Payment Reminder Notice-Agent

Non-Form 763.18(a)(5)


20


Loan Servicing (Prompt & Standard)

(Business) 763.18(b)(8) 0 1 0 0.33
0












TOTALS



0
0

0




0560-0155




































Non-Form 763.20(a)(1)


15


Loan Servicing (Prompt & Standard)

(Business) 763.20(b)(1) 0 1 0 0.25
0
Demand for Agency Payment-Agent

Non-Form 763.20(a)(2)


15


Loan Servicing

(Business) 763.20(b)(2)(i)(D) 0 1 0 0.25
0
Inform Agency of Liquidation-Agent

Non-Form 763.20 (b)(2)(ii)


15


Loan Servicing

(Business) 7 CFR 763.20(b)(2)(i)(D) 0 1 0 0.25
0
Liquidation Plan-Agent

Non-Form 763.20(b)(2)(i)(A)


360


Loan Servicing (Standard)

(Business)
0 1 0 6
0
Report of Loss-Agent

Non-Form 763.20(b)(2)(i)(A)


60


Loan Servicing

(Business) 763.20(b)(2)(i)(B) 0 1 0 1
0
Guarantee Loan Status Report

FSA-2241 763.18 (a)(10)


20


(OMB 0560-0155)

(Business) 763.18 (b)(7) 0 2 0 0.33
0
Land Contract Recapture Agreement

FSA-2684 763.20(b)(2)(ii)(B)


15





(Farmer)
0 1 0 0.25
0




















































































































































































































































































TOTALS



0
0

0
GRAND TOTALS



14357
193648

165724








































































Summary






















Total Number of Unduplicated Respondents

9805

Farmer Hrs. Business Hrs. Burden Hrs.


(Col. 8)










Reports Filed per Person

13.5
Page 1 2587 67562 70149


(Col. 10 / Col. 8)



Page 2 5 29612 29617


Total Annual Responses

193648
Page 3 200 51378 51578


(Col. 10)



Page 4 0 8396 8396


Total Annual Burden Hours

165724
Page 5 0 5985 5985


(Col. 12)



Page 6 0 0 0


Average Burden per Collection

51.3 Min Page 7 0 0 0


(Col. 12 / Col. 10 x 60)










Average Burden per Respondent

16.90 Hrs. Total 2792 162932 165724


(Col. 12 / Col. 8)






















Respondents cost per Hour










Farmer

$38.43







Total Hrs.-Farmer

2,792







Total Cost-Farmer

$107,297



















Business

$36.67







Total Hrs.-Business

162,932







Total Cost-Business

$5,974,730







Total Cost

$6,082,027































Annual cost to Fed. Gov't










Hours Reviewing & Processing Collection

206,000







Average Salary (GS-9-12) OPM 2017 Table

$46.88







Total Cost

$9,657,280









Sheet 2: Supporting Data

Borrowers











FY 19 FY 18 FY 17 AVG

Lenders with loans outstanding



ML Applications (7) 0 0 0 -

SEL 1671


EZ Applications (9&11) 82 101 143 109

CLP 185


Applications (13) 6927 7547 8230 7,568

PLP 188 Master list 250. Discrepency could be Farm Credit

SEL APPS (15) 2056 2421 2915 2,464


2044


CLP APPS (15) 998 1206 1327 1,177 3641





PLP APPS (17 &19)) 3873 3920 3988 3,927 7568
LOC



IA Requests (25) 0 0 0 -

2019 2071


Obligated or Closed SEL (27) 1683 1978 2362 2,008

2018 2300


Obligated or Closed CLP (27) 859 1042 1123 1,008

2017 2631


Obligated or Closed PLP (27) 3365 3418 3442 3,408






Loan Closed (29 & 31) 5672 6415 6925 6,337










































Loans





MMR FY 19 FY 18 FY 17 Avg

FY 19 FY 18 FY 17 AVG

GFO 3976 4401 4663 4347
ML Applications (7) 0









EZ Applications (9&11) 94 118 172 128

GOL 3635 3974 4941 4183
Applications (13) 9283 10100 11212 10,198






SEL APPS (15) 2839 3303 4077 3,406






CLP APPS (15) 1376 1680 1898 1,651

FY 17 - FY 19 loans for capital improvements 1263 / total loans of 25,880 = 5% of loans are for construction needing inspection.



PLP APPS (17 &19)) 5068 5117 5237 5,141






IA Requests (25) 0 0 0 -






Obligated or Closed SEL (27) 2194 2582 3185 2,654






Obligated or Closed CLP (27) 1133 1421 1561 1,372






Obligated or Closed PLP (27) 4275 4303 4406 4,328






Loan Closed (29 & 31) 7302 8275 9149 8,242































FY 19 FY 18 FY 17 AVG






ML Applications (7) 0 0 0 -






EZ Applications (9&11) 82 101 143 109






Applications (13) 6927 7547 8230 7,568






SEL APPS (15) 2056 2421 2915 2,464






CLP APPS (15) 998 1206 1327 1,177






PLP APPS (17 &19)) 3873 3920 3988 3,927






IA Requests (25) 0 0 0 -






Obligated or Closed SEL (27) 1683 1978 2362 2,008






Obligated or Closed CLP (27) 859 1042 1123 1,008






Obligated or Closed PLP (27) 3365 3418 3442 3,408






Loan Closed (29 & 31) 5672 6415 6925 6,337






SEL Lender applications 769 785 901 818






CLP Lender applications 163 147 143 151






SEL Lender Conditional Comm 612 620 709 647






CLP Lender Conditional Comm 142 126 119 129






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