Servicemembers Civil Relief

ICR 200609-2502-003

OMB: 2502-0565

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2006-09-19
Supplementary Document
2006-09-19
Supplementary Document
2006-09-19
Supporting Statement A
2006-09-19
IC Document Collections
ICR Details
2502-0565 200609-2502-003
Historical Active
HUD/OH
Servicemembers Civil Relief
New collection (Request for a new OMB Control Number)   No
Emergency 10/16/2006
Approved without change 10/17/2006
Retrieve Notice of Action (NOA) 09/19/2006
OMB removed the cost burden because it simply monetized the hour burden.
  Inventory as of this Action Requested Previously Approved
04/30/2007 6 Months From Approved
2,113,195 0 0
533,744 0 0
0 0 0

Federal law requires lenders to send a statement or notice to homeowners in default explaining the mortgage and foreclosure rights of servicemembers and their dependents under the Servicemembers Civil Relief Act (50 U.S.C. App. 501 et seq.), including the toll-free military one source number to call if servicemembers, or their dependents require further assistance. This notification must be made within 45 days from the date the missed payment was due unless the homeowner pays the overdue amount before the expiration of the 45-day period. All conventional mortgage loans and loans insured by HUD are subject to the new notification requirement.
The proposed information collection is intended to provide a statement or notice to homeowners in default explaining the mortgage and foreclosure rights of servicemembers and their dependents under the Servicemembers Civil Relief Act (50 U.S.C. App. §§ 501-596), including the toll-free military one source number to call if servicemembers, or their dependents require further assistance. This notification is required under section 106(c)(5)(A)(ii) of the Housing and Urban Development Act (12 U.S.C. 1701x(c)(5)(A)(ii)) as amended by Section 688 of the National Defense Authorization Act for fiscal year 2006 (public law 109-163, enacted January 06, 2006) and must be made within 45 days from the date the missed payment was due unless the homeowner pays the overdue amount before the expiration of the 45-day period. All mortgage loans, including conventional mortgages and mortgages insured by HUD are subject to this notification requirement.

US Code: 50 USC 501 et seq. Name of Law: Servicemembers Civil Relief Act
  
US Code: 50 USC 501-596 Name of Law: Servicemembers Civil Relief Act

Not associated with rulemaking

No

1
IC Title Form No. Form Name
Servicemembers Civil Relief Act Notice Disclosure

  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 2,113,195 0 2,113,195 0 0 0
Annual Time Burden (Hours) 533,744 0 533,744 0 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
The statutory amemdment directed HUD to develop the form of the new required creditor notice of servicemember mortgage and foreclosure reights under the Servicemembers Civil Relief Act in consultation with the Departments of Defense and the Treasury. The developed disclosure form is attached. Mortgagees and their servicers may use this general form for required notices on all conventional and government insured home loans.

No
No
Uncollected
Uncollected
Uncollected
Uncollected
Jim Hass 202 708-1672 ext. 2131

  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.
09/19/2006


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