OMB approves
this request through 7/99, the expiration date for the OMB control
number that HUD incorporated by reference within this request for
approval. HUD should submit for OMB approval a consolidated request
covering 2502-0328 and 2502-0529 prior to the expiration date of
7/99. This should be done after providing for public comment on the
consolidated request as required by 5 CFR 1320.8(d)(1). Requests
for OMB approval should contain all information collection material
for which an agency is seeking OMB approval.
Inventory as of this Action
Requested
Previously Approved
07/31/1999
07/31/1999
121,000
0
0
1,211
0
0
36,000
0
0
Title I loans are made by private
lenders, and HUD insures the lender against losses from borrower
defaults. HUD needs the added data collections to improve portfolio
management through electronic monitoring tools.
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.