Justification

Justification for Form FSA-2001.docx

Farm Loan Programs - Direct Loan Making

Justification

OMB: 0560-0237

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OMB Control Number: 0560-0237.


Title of Clearance: Farm Loan Programs; Direct Loan Making.


Agency Form Number affected by Change Worksheet: FSA-2001, Request for Direct Loan Assistance.


Other Changes:


The specific changes to Form FSA-2001 are the following:


Part J, Item 8 is revised to add the mandatory ECOA (Equal Credit Opportunity Act) disclosure informing the applicant of their right to receive a copy of an FSA-provided real estate appraisal or valuation.


These changes are necessary to meet the requirements of ECOA as put forth in CFR and governed by the CFPB (Consumer Financial Protection Board).


There are no changes to the burden hours for the form because this addition is minimal and does not impact the time to review and/or complete the form.


File Typeapplication/vnd.openxmlformats-officedocument.wordprocessingml.document
AuthorBall, MaryAnn - FSA, Washington, DC
File Modified0000-00-00
File Created2024-07-27

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