View Information Collection Request (ICR) Package

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: 2502-0583	ICR Reference No: 201111-2502-004
Status: Historical Active	Previous ICR Reference No: 200904-2502-003
Agency/Subagency: HUD/OH	Agency Tracking No:
Title: FHA-Insured Mortgage Loan Servicing for Performing Loans; MIP Processing, Escrow Administration, Customer Service, Servicing Fees and 235 Loans
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: 02/10/2013
	Date Received in OIRA: 06/19/2012
Terms of Clearance: HUD shall re-submit this package within one year, in order to account for changes related to recent FHA mortgagee letters and notices.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	02/28/2014	36 Months From Approved	02/28/2013
Responses	74,726,967	0	34,497,153
Time Burden (Hours)	2,644,446	0	1,500,234
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	74,726,967	34,497,153	40,229,814
Annual Time Burden (Hours)	2,644,446	1,500,234	1,144,212
Annual Cost Burden (Dollars)	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: No

Burden Reduction Due to:

Short Statement: The increased burden is due to the combined functions and information collection of currently approved collections. Also, it is based on the activity involving mortgage loan servicing of current, delinquent, defaulted, and foreclosed mortgage loans. Due to conditions in the banking industry, particularly acquisitions and mergers, the number of respondents servicing these mortgages has significantly decreased. As properties are sold or refinanced, and the mortgages retired, the number of mortgages on which the respondents report has also decreased but there has been an increase in loan activity which accounts for the significant increase in the number of responses.

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