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View ICR - OIRA Conclusion

OMB Control No: 3133-0187	ICR Reference No: 202603-3133-004
Status: Active	Previous ICR Reference No: 202510-3133-001
Agency/Subagency: NCUA	Agency Tracking No: OCFP
Title: Reverse Mortgage Products - Guidance for Managing Risks
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 without change	Conclusion Date: 06/11/2026
	Date Received in OIRA: 04/23/2026
Terms of Clearance:

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	06/30/2029	36 Months From Approved	06/30/2026
Responses	12	0	16
Time Burden (Hours)	128	0	160
Cost Burden (Dollars)	0	0	0

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to Adjustment in Estimate
Annual Number of Responses	12	16	-4
Annual Time Burden (Hours)	128	160	-32
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: Burden decreased due to a change in the NCUA’s estimate of respondents. All respondents should have gone through the implementation phase so implementation burden remains at one (with one as a placeholder in case a new credit union elects to offer reverse mortgage products). Ongoing burden reduced from 15 to 11.

Annual Cost to Federal Government: $0

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

Agency Contact: Monique Chenault 703 548-2445

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