Ginnie Mae Multiclass Securities Program Documents
Revision of a currently approved collection
No
Regular
Improperly submitted and continue
10/23/2023
10/12/2023
The agency is advised that it should cure the following deficiencies prior to resubmitting to OMB:
1) The Supporting Statement A should be uploaded as a Word Docujment and not a PDF.
2) The program office should fully review the Supporting Statement A to ensure it is fully accurate and representative of the information collection as it is conducted in 2023. The agency is advised that it should affirmatively confirm to OMB, via correspondence, that the Supporting Statement A has been reviewed for currency prior to resubmission.
3) The IC list should be updated to reflect the most current version of each of the guidance documents used to inform this information collection. Most instruments appear to have been uploaded in 2014.
4) The IC list should not include the 30-day FRN.
5) Ensure that "Attachment A", as referenced in Supporting Statement A Question Prompt #2 (if still relevant) is uploaded as a Supplementary Document.
table that charts list comparision
Inventory as of this Action
Requested
Previously Approved
10/31/2023
36 Months From Approved
12/31/2023
180
0
180
938,015
0
938,015
0
0
0
This collection of information is required in connection with the Multiclass Securities Program. The intent of the Multiclass Securities program is to increase liquidity in the secondary mortgage market and to attract new sources of capital for federally insured or guaranteed residential loans.
This is a revision of a currently approved collection. Program changes occurred due to an increase in the number of potential respondents/sponsors in the REMIC Securities and Platinum programs.
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.