Mortgagee's Application for Partial Settlement (Multifamily Mortgage)

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form HUD-2537 Mortgagee's Application for Partial Settlement (Multifamily Mortgage)	Form and Instruction	Modified	Available
Form HUD-2537 Mortgagee's Application for Partial Settlement (Multifamily Mortgage)	Form and Instruction	Modified	Available
2502-0427 30 day.pdf	Supplementary Document	Uploaded 2024-08-30	Available
Forms Revision Chart for HUD-2537.docx	Supplementary Document	Uploaded 2024-05-29	Available
(Supporting Statement OMB 2502-0427).docx	Supporting Statement A	Uploaded 2024-08-30	Available
Published 60-Day FRN for OMB 2502-0427, 3-7-2024.pdf	Supplementary Document	Uploaded 2024-05-29	Available
24 CFR Part 207.pdf	Supplementary Document	Uploaded 2020-10-06	Available
12 USC 13 - National Housing, Sec 1713.pdf	Supplementary Document	Uploaded 2020-10-06	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
42063	Mortgagee's Application for Partial Settlement (Multifamily Mortgage)	Form and Instruction	Modified
244722	Mortgagee's Application for Partial Settlement (Multifamily Mortgage)	Form and Instruction	Modified

ICR Details

OMB Control No: 2502-0427	ICR Reference No: 202405-2502-011
Status: Historical Inactive	Previous ICR Reference No: 202010-2502-001
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: Mortgagee's Application for Partial Settlement (Multifamily Mortgage)
Type of Information Collection: Revision of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Improperly submitted and continue	Conclusion Date: 08/30/2024
	Date Received in OIRA: 08/30/2024
Terms of Clearance: The agency is requested to only upload under the "IC List" the information collections which are actually covered under this OMB Control Number. Information collections which are relevant to this OMB Control Number but are not covered (i.e. forms which are submitted in association with the forms covered under this ICR but which are covered under a separate ICR) can be submitted as supplemental documents only. The agency is encouraged to expeditiously resubmit this information collection request as soon as it has remediated this error and made the necessary corrections in the Supporting Statement A. The agency should also make other modifications in response to passback (notably, expanding the discussion of electronic submission under Question 3) from OMB on 8-30-2024 prior to resubmitting.

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	08/31/2024	36 Months From Approved	08/31/2024
Responses	110	0	110
Time Burden (Hours)	193	0	193
Cost Burden (Dollars)	0	0	0

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Abstract: Mortgagees who elect to assign multifamily property to HUD complete form HUD-2537, Mortgagee’s Application for Partial Settlement, Multifamily Mortgage. HUD uses the information to process a partial claim payment within 24 to 48 hours after assignment or conveyance.

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Authorizing Statute(s): US Code: 12 USC 1713(g)-(r) Name of Law: National Housing Act
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 16586	03/07/2024
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 70657	08/30/2024
Did the Agency receive public comments on this ICR? No

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Number of Information Collection (IC) in this ICR: 2

table that charts list of burden

IC Title	Form No.	Form Name
Mortgagee's Application for Partial Settlement (Multifamily Mortgage)	HUD-2747, HUD-2537, HUD-1044-D	Mortgagee’s Application for Partial Settlement ,   Multifamily Insurance Benefit Claim ,   Application for Insurance Benefits
Mortgagee's Application for Partial Settlement (Multifamily Mortgage)	HUD-2537, HUD-1044-D, HUD-2747	Mortgagee's Application for Partial Settlement ,   Multifamily Insurance Benefit Claim ,   Application for Insurance Benefits

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Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

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Annual Cost to Federal Government: $68,765

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     No

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 08/30/2024

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