Single Family Application for Insurance Benefits

ICR 200610-2502-008

OMB: 2502-0429

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supplementary Document
2006-10-25
Supplementary Document
2006-10-25
Supporting Statement A
2006-10-25
IC Document Collections
ICR Details
2502-0429 200610-2502-008
Historical Active 200606-2502-006
HUD/OH
Single Family Application for Insurance Benefits
Revision of a currently approved collection   No
Regular
Approved without change 11/29/2006
Retrieve Notice of Action (NOA) 10/25/2006
The data on cost burdens were removed because they monetized hour burdens. Hour and cost burdens are to be accounted for separately.
  Inventory as of this Action Requested Previously Approved
11/30/2009 36 Months From Approved 11/30/2006
281,150 0 210,000
337,441 0 150,025
0 0 0

This information collection is used to provide HUD the information needed to process and pay claims on defaulted FHA-insured home mortgage loans.

None
None

Not associated with rulemaking

  71 FR 145 07/28/2006
71 FR 204 10/23/2006
No

1
IC Title Form No. Form Name
Single Family Application for Insurance Benefits HUD-50002, HUD-27011, Parts A,B,C,D &E Single Family Application for Insurance Benefits ,   Request to Exceed Cost Limits for Preservation and Protection

  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 281,150 210,000 0 0 71,150 0
Annual Time Burden (Hours) 337,441 150,025 0 11,500 175,916 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
HUD is requesting the addition of form HUD-50002, Request to Exceed Cost Limits for Preservation and Protection, an increase of 11,500 burden hours. There is an increase in burden hours because the number of annual responses has increased, and HUD has identified and requests approval for recordkeeping hours. However, the number of respondents stated in the last submission as 450 has decreased to 275 respondents because there has been a decrease of mortgagees and servicers. The reason is that a number of smaller mortgagees have opted to discontinue the FHA mortgage lending business, and a number of other mortgagees have consolidated with bigger companies. Many mortgagees do not service their own loans but contract out servicing to approximately 275 mortgage servicing companies.

$14,057,500
No
No
Uncollected
Uncollected
Uncollected
Uncollected
Robert Juenger 202 708-1672

  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.
10/25/2006


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