Skip to main content
An official website of the United States government
The .gov means it's official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you're on a federal government site.
The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Search:
Agenda
Reg Review
ICR
This script is used to control the display of information in this page.
Display additional information by clicking on the following:
All
Brief and OIRA conclusion
Abstract/Justification
Legal Statutes
Rulemaking
FR Notices/Comments
IC List
Burden
Misc.
Common Form Info.
Certification
View Information Collection (IC) List
View Supporting Statement and Other Documents
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:
2502-0579
ICR Reference No:
200908-2502-004
Status:
Historical Active
Previous ICR Reference No:
200812-2502-007
Agency/Subagency:
HUD/OH
Agency Tracking No:
Title:
Application for HUD/FHA Insured Mortgage Hope for Homeowners
Type of Information Collection:
Extension without change of a currently approved collection
Common Form ICR:
No
Type of Review Request:
Regular
OIRA Conclusion Action:
Approved with change
Conclusion Date:
11/03/2009
Retrieve Notice of Action (NOA)
Date Received in OIRA:
08/27/2009
Terms of Clearance:
This ICR should be classified as an ICR Revision.
Inventory as of this Action
Requested
Previously Approved
Expiration Date
11/30/2012
36 Months From Approved
11/30/2009
Responses
486,313
0
1,266,160
Time Burden (Hours)
339,549
0
915,040
Cost Burden (Dollars)
0
0
0
Abstract:
This information is collected on new mortgages offered by FHA approved mortgagees to mortgagors who are at risk of losing their homes to foreclosure. The new FHA insured mortgages refinance the borrowers existing mortgage at a significatnt writedown. Under the program the mortgagors share the newly created equity (Exit Premium) with FHA.
Authorizing Statute(s):
PL:
Pub.L. 110 - 289 2654
Name of Law: Housing and Economic Recovery Act
US Code:
12 USC 1701z-22
Name of Law: zfederal Housing Administration (FHA)
Citations for New Statutory Requirements:
None
Associated Rulemaking Information
RIN:
Stage of Rulemaking:
Federal Register Citation:
Date:
2580-AA00
Final or interim final rulemaking
73 FR 194
10/06/2008
Federal Register Notices & Comments
60-day Notice:
Federal Register Citation:
Citation Date:
74 FR 64
04/06/2009
30-day Notice:
Federal Register Citation:
Citation Date:
74 FR 153
08/11/2009
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
Application for HUD/FHA Insured Mortgage Hope for Homeowners
HUD 92900, HUD 92917 HFH, HUD 92915
FHA Hope for Homeowner attachment to FHA Loan Underwriting and Transmittal Summary
,
Hope for Homeowners Consumer Disclosure and Certification Form
,
Subordinate Lien Upfront Payment Worksheet
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
486,313
1,266,160
0
-601,160
-178,687
0
Annual Time Burden (Hours)
339,549
915,040
0
-345,800
-229,691
0
Annual Cost Burden (Dollars)
0
0
0
0
0
0
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:
Yes
Burden Reduction Due to:
Changing Forms
Short Statement:
The program revisions resulting from the additional legislation have decreased the responses per annum and annual burden hours by 666,285 and 346,121 respectively. Additionally, the estimated number of responses has decreased. The reduction in the responses per annum and annual burden hours are further reduced by 254,750 and 105,151 respectively. The information collection is required to meet the statutory and regulatory requirements of the HOPE for Homeowners Program established in Title IV of the Housing and Economic Recovery Act of 2008.
Annual Cost to Federal Government:
$1,869,674
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)?
No
Is this ICR related to the Pandemic Response?
Uncollected
Agency Contact:
Stephanie Schader 2027082121
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:
08/27/2009
An official website of the United States government
The .gov means it's official.
The site is secure.
