REAL ESTATE SETTLEMENT PROCEDURES ACT (RESPA), SECTION 6 MODEL DISCLOSURE STATEMENT AND APPLICANT'S ACKNOWLEDGEMENT OF SERVICING TRANSFER, SAMPLE LANGUAGE FOR NOTICE OF ....

ICR 199104-2502-001

OMB: 2502-0458

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
ICR Details
2502-0458 199104-2502-001
Historical Active 199103-2502-002
HUD/OH
REAL ESTATE SETTLEMENT PROCEDURES ACT (RESPA), SECTION 6 MODEL DISCLOSURE STATEMENT AND APPLICANT'S ACKNOWLEDGEMENT OF SERVICING TRANSFER, SAMPLE LANGUAGE FOR NOTICE OF ....
Revision of a currently approved collection   No
Regular
Approved without change 05/06/1991
Retrieve Notice of Action (NOA) 04/22/1991
  Inventory as of this Action Requested Previously Approved
04/30/1993 04/30/1993 04/30/1991
20,000 0 20,000
6,139,000 0 6,132,000
0 0 0

SECTION 941 OF P.L. 101-625 ADDS A NEW SECTION 6 TO RESPA. SECTION 6 REQUIRES A LENDER OF A FEDERALLY RELATED MORTGAGE LOAN TO GIVE THE LOAN APPLICANT A STATEMENT DISCLOSING CERTAIN INFORMATION AND REQUIRES HUD TO ISSUE A MODEL OF THAT STATEMENT. HUD ALSO PREPARES A MODEL FOR THE NOTICES OF ACTUAL TRANSFER OF SERVICING WHICH SECTION 6 NOW REQUIRES SERVICERS TO ISSUE.

None
None


No

  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 20,000 20,000 0 0 0 0
Annual Time Burden (Hours) 6,139,000 6,132,000 0 7,000 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
No

$0
No
No
Uncollected
Uncollected
Uncollected
Uncollected

  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:
 
 
 
 
 
 
 
    (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.
04/22/1991


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