Initial Escrow Account Statement, Annual Escrow Account Statement -- FR-3255

ICR 199701-2502-008

OMB: 2502-0501

Federal Form Document

Forms and Documents
Document
Name
Status
No forms / supporting documents in this ICR. Check IC Document Collections.
IC Document Collections
ICR Details
2502-0501 199701-2502-008
Historical Active 199502-2502-002
HUD/OH
Initial Escrow Account Statement, Annual Escrow Account Statement -- FR-3255
Extension without change of a currently approved collection   No
Regular
Approved without change 03/12/1997
Retrieve Notice of Action (NOA) 01/27/1997
Gloria Diggs of HUD in a telephone conversation with Joe Lackey of OMB has stated that the burden hours shown in the supporting statement erroneously excluded burden associated with recordkeeping and that the correct burden hour amount was shown on the Form 83-I.
  Inventory as of this Action Requested Previously Approved
03/31/2000 03/31/2000 03/31/1997
39,550,000 0 39,550,000
5,308,471 0 5,308,417
0 0 0

The Real Estate Settlement Procedures Act (RESPA) requires mortgage originators to submit to the borrower an initial statement when the account is established.

None
None


No

1
IC Title Form No. Form Name
Initial Escrow Account Statement, Annual Escrow Account Statement -- FR-3255

  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 39,550,000 39,550,000 0 0 0 0
Annual Time Burden (Hours) 5,308,471 5,308,417 0 0 54 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
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.
01/27/1997


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