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.
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.