OMB approval of
this information collection covers form HUD-2748, form HUD-2752,
and the requirement to separately submit loan-level dat for the
risk-based premium payments. In its next submission, HUD shou
describe more thoroughly how the loan-level data is being used by
program managers, and include a more specific break-down of burden
hou required to submit the loan-level data. HUD should also justify
why t loan level data needs to be collected monthly. In addition,
prior to its next submission, HUD should consult with the mortgage
lending industry regarding the accuracy of the burden hour
estimates for these submissions.
Inventory as of this Action
Requested
Previously Approved
05/31/1994
05/31/1994
96,000
0
0
144,000
0
0
0
0
0
THIS INFORMATION IS USED TO INSURE
COMPLIANCE ON THE PART OF THE MORTGAGEE AND TO INSURE HUD RECEIVES
ALL INCOME DUE. WITHOUT THE FORM HUD COULD NOT INSURE COMPLIANCE
NOR COULD HUD INSURE THAT ALL INCOME D THE GOVERNMENT WAS BEING
REMITTED.
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.