HUD states that
annual inspections are required by current regulations such as 24
CFR 207.260(a) and Mortgagee Letter 88-22. We have approved this
form with the condition that HUD add the required burden hour
disclosure statement on the printing of the Department's
forms.
Inventory as of this Action
Requested
Previously Approved
09/30/1993
09/30/1993
15,000
0
0
30,000
0
0
0
0
0
HUD MORTGAGE INSURANCE PROGRAMS
REQUIRE MORTGAGEES TO ANNUALLY INSPECT EACH INSURED PROJECT AND
GIVE HUD AND THE PROJECT OWNER A REPORT ON THAT INSPECTION. THIS
FORMAT ESTABLISHES STANDARDS THAT ALL MORTGAGEES MUST COMPLY WITH
WHEN CONDUCTING ANNUAL INSPECTIONS AND LOAN CLOSING.
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:
(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;
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.