View Information Collection Request (ICR) Package

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View ICR - OIRA Conclusion

OMB Control No: 2502-0583	ICR Reference No: 201704-2502-007
Status: Historical Active	Previous ICR Reference No: 201310-2502-013
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: 09/14/2017
	Date Received in OIRA: 06/30/2017
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	09/30/2020	36 Months From Approved	09/30/2017
Responses	77,491,074	0	74,726,967
Time Burden (Hours)	3,064,042	0	2,644,446
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Agency Discretion
Annual Number of Responses	77,491,074	74,726,967	2,764,107
Annual Time Burden (Hours)	3,064,042	2,644,446	419,596
Annual Cost Burden (Dollars)	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: This is a revision of currently approved collection. Due to conditions in the mortgage banking industry, foreclosures, claims, and the increased popularity of the FHA-insured loan program the loan portfolio has increased. With this increase, the information collection results in an increase in the estimated annual responses and annual burden hours. Because of the activities, such as escrow administration that are standard practices within the mortgage industry on all FHA, Veterans Administration (VA) and conventional loans, HUD ascribes no burden hours. However, because HUD removed the regulations for its Section 235 Program, the number of respondents decreased.

Annual Cost to Federal Government: $280,697

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. Yes

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. Yes

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? Uncollected

Agency Contact: Venida Brown 202 708-0614 ext. 2456

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