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Please note that the OMB number and expiration date may not have been determined when this Information Collection Request and associated Information Collection forms were submitted to OMB. The approved OMB number and expiration date may be found by clicking on the Notice of Action link below.
View ICR - OIRA Conclusion
OMB Control No:
2502-0429
ICR Reference No:
200610-2502-008
Status:
Historical Active
Previous ICR Reference No:
200606-2502-006
Agency/Subagency:
HUD/OH
Agency Tracking No:
Title:
Single Family Application for Insurance Benefits
Type of Information Collection:
Revision of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved without change
Conclusion Date:
11/29/2006
Retrieve Notice of Action (NOA)
Date Received in OIRA:
10/25/2006
Terms of Clearance:
The data on cost burdens were removed because they monetized hour burdens. Hour and cost burdens are to be accounted for separately.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
11/30/2009
36 Months From Approved
11/30/2006
Responses
281,150
0
210,000
Time Burden (Hours)
337,441
0
150,025
Cost Burden (Dollars)
0
0
0
Abstract:
This information collection is used to provide HUD the information needed to process and pay claims on defaulted FHA-insured home mortgage loans.
Authorizing Statute(s):
None
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
Not associated with rulemaking
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
71 FR 145
07/28/2006
30-day Notice:
Federal Register Citation:
Citation Date:
71 FR 204
10/23/2006
Did the Agency receive public comments on this ICR?
No
Number of Information Collection (IC) in this ICR:
1
IC Title
Form No.
Form Name
Single Family Application for Insurance Benefits
HUD-50002, HUD-27011, Parts A,B,C,D &E
Single Family Application for Insurance Benefits
,
Request to Exceed Cost Limits for Preservation and Protection
ICR Summary of Burden
Total Approved
Previously Approved
Change Due to New Statute
Change Due to Agency Discretion
Change Due to Adjustment in Estimate
Change Due to Potential Violation of the PRA
Annual Number of Responses
281,150
210,000
0
0
71,150
0
Annual Time Burden (Hours)
337,441
150,025
0
11,500
175,916
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
Burden increases because of Program Change due to Agency Discretion:
Yes
Burden Increase Due to:
Miscellaneous Actions
Burden decreases because of Program Change due to Agency Discretion:
No
Burden Reduction Due to:
Short Statement:
HUD is requesting the addition of form HUD-50002, Request to Exceed Cost Limits for Preservation and Protection, an increase of 11,500 burden hours. There is an increase in burden hours because the number of annual responses has increased, and HUD has identified and requests approval for recordkeeping hours. However, the number of respondents stated in the last submission as 450 has decreased to 275 respondents because there has been a decrease of mortgagees and servicers. The reason is that a number of smaller mortgagees have opted to discontinue the FHA mortgage lending business, and a number of other mortgagees have consolidated with bigger companies. Many mortgagees do not service their own loans but contract out servicing to approximately 275 mortgage servicing companies.
Annual Cost to Federal Government:
$14,057,500
Does this IC contain surveys, censuses, or employ statistical methods?
No
Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002?
No
Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]?
Uncollected
Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]?
Uncollected
Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)?
Uncollected
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Robert Juenger 202 708-1672
Common Form ICR:
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:
(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:
10/25/2006
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