OMB notes that
OMB approval for this information collection expired on 2/28/91.
HUD has violated the Paperwork Reduction Act (5 CFR 1320.4) which
states that "An agency shall not engage in a collection of
information without obtaining Office of Management and Budget
approval of the collection of information and displaying a
currently valid OMB control number..." Furthermore,
"Notwithstanding any other provision of law, no person shall be
subject to any penalty for failure to compl with any collection of
information: (1) That does not disply a currently valid OMB control
number." In addition, HUD shall revise For 54112 to reflect the
average burden hour estimate of 20 minutes.
Inventory as of this Action
Requested
Previously Approved
01/31/1995
01/31/1995
720,000
0
0
65,000
0
0
0
0
0
THE HUD/FHA SINGLE FAMILY DIRECT
ENDORSEMENT PROGRAM PERMITS MORTGAGE LENDERS TO UNDERWRITE
APPLICATIONS FOR MORTGAGE INSURANCE AND CLOSE MORTGAGE LOANS
WITHOUT PRIOR HUD REVIEW. MORTGAGEES APPLY FOR APPROVA TO
PARTICIPATE USING FORM HUD-54112 AND CERTIFY THAT THE MORTGAGE
COMPLIES WITH STATUTORY AND REGULATORY REQUIREMENTS USING FORM
HUD-54113.
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.