FSA-85-1, Reporting and Recordkeeeping Requirements

This form is available electronically.
FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements						1. OMB No.		0560-0236		2. Title of Clearance		Direct Loan Servicing – Regular Page 1
3.	4.	5.	6.	7.	Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)
Description (Title of Form, Report or Record)	Report	Record	Form No.	Regulation Part/Sec.	8.		9.		10.		11.		12. Total Burden Hours
					No. of Respondents		No. of Reports Filed Per Person		Total Annual Responses		Average Time to Respond		Exempt	Non-Exempt
Notification of approval and borrower responsibilities			2025 (Farmer)	765.403; 766.204	255		1		255		20			85
Agreement for disposition of security/release of proceeds	 	 	2040 (Farmer)	765.302	41,749*		1		41,749		20			13,917
Update of agreement for disposition/release of proceeds	 	 	2040 (Farmer)	765.302	15,656		2		31,312		10			5,219
Application for partial release, subordination/consent	 	 	2060 (Farmer)	765.205; 765.206	4,000		1		4,000		30			2,000
Cancelling undisbursed loan funds	 	 	2425 (Farmer)	765.152 (b) (7)	571*		1		571		10			96
Temporary amendment-consent to payment of proceeds from sale			2450 (Business)	765.302 (d)	561*		1		561		10			94
Assignment, acceptance/release for wool and mohair/borrower	 	 	2465 (Farmer)	765.305 (b)	20		1		20		10			4
Assignment, acceptance/release for wool and mohair/broker	 	 	2465 (Business)	765.305 (b)	20*		1		20		10			4
Transfer of real estate security/borrower	 	 	2476 (Farmer)	765.401 (b)	200		1		200		15			50
Transfer of real estate security/transferee	 	 	2476(Farmer)	765.401 (b)	200*		1		200		15			50
Assumption Agreement	 	 	2489 (Farmer)	765.401 (a) (2)	250*		1		250		20			84
Lenders’ loan underwriting standards			Non-form (Business)	765.101 (a)	598*		1		598		20			200
Lender review of borrower’s prospectus	 	 	Non-form (Business)	765.101 (d)	1,705*		4		6,820		30			3,410
Lender response to borrower’s prospectus	 	 	Non-form (Business)	765.101 (e)	1,279		4		5,115		10			853
Borrower documentation of inability to graduate	 	 	Non-form (Farmer)	765.101	5,107*		1		5,107		5			426
SUTOTALS					50,761*				96,778					26,492
TOTALS 

This form is available electronically.
FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements						1. OMB No.		0560-0236		2. Title of Clearance		Direct Loan Servicing – Regular Page 2
3.	4.	5.	6.	7.	Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)
Description (Title of Form, Report or Record)	Report	Record	Form No.	Regulation Part/Sec.	8.		9.		10.		11.		12. Total Burden Hours
					No. of Respondents		No. of Reports Filed Per Person		Total Annual Responses		Average Time to Respond		Exempt	Non-Exempt
Lender documentation of borrower inability to graduate	 	 	Non-form (Business)	765.101	1,705		1		1,705		10		     	285
Borrower request for refund of overpayment	 	 	Non-form (Farmer)	765.155 (c)	20*		1		20		15		     	5
Creditor consent to second subordination	 	 	Non-form (Business)	765.205 (c)	186*		1		186		10		     	31
Assignment of insurance proceeds from 2nd subordination	 	 	Non-form (Farmer)	765.202 (c)	186		1		186		10		     	31
Operating plan for agency to consent to junior lien	 	 	Non-form (Farmer)	765.206 (b) (2)	755		1		755		10		     	126
Junior lienholder agreement	 	 	Non-form (Business)	765.206 (b) (4)	755		1		755		10		     	126
Borrower request for severance agreement	 	 	Non-form (Farmer)	765.207	286		1		286		10		     	48
Request to lease security – copy of lease	 	 	Non-form (Farmer)	765.251, 765.252	357		1		357		20		     	119
Request to cease operating security – copy of lease	 	 	Non-form (Farmer)	765.251, 765.253	357		1		357		30		     	179
Borrower request for lienholder consent to use proceeds	 	 	Non-form (Farmer)	765.301, 765.303	399		1		399		10		     	67
Lienholder consent to use proceeds	 	 	Non-form (Business)	765.301, 765.303	998*		1		998		15		     	250
Borrower requested use proceeds from timber, gravel, etc.	 	 	Non-form (Farmer)	765.351 (b) (2)	100		2.5		250		10		     	42
Lienholder consent to use timber, gravel, etc., proceeds	 	 	Non-form (Business)	765.351 (b) (2)	250*		1		250		15		     	63
Borrower assignment of proceeds from timber, etc. to agency	 	 	Non-form (Farmer)	765.351 (b) (2)	100		1		100		15		     	25
     	 	 	     	     			    		     		     		     	     
SUBTOTALS	 	 	     	     	1,454*		    		6,604		     		     	1,397
TOTALS 

This form is available electronically.

FSA-85-1 U.S. Department of Agriculture (03-26-03) Farm Service Agency Reporting and Recordkeeping Requirements

1. OMB No.

0560-0236

2. Title of Clearance

Direct Loan Servicing – Regular Page 3

3.

4.

5.

6.

7.

Annual Burden on the Public (Col. 8 x 9=10 and Col. 10 x 11=12)

Description (Title of Form, Report or Record)

Report

Record

Form No.

Regulation Part/Sec.

8.

9.

10.

11.

12. Total Burden Hours

No. of Respondents

No. of Reports Filed Per Person

Total Annual Responses

Average Time to Respond

Exempt

Non-Exempt

Assignment of Deed of Trust As Collateral-CA Form Only

 

 

2400-6 CA (Farmer)

765.351 (d) (2)

10*

1

10

15

     

3

Sale of real estate – copy of contract for deed

 

 

Non-form (Farmer)

765.351 (d)

10

1

10

10

     

2

Borrower request to exchange real estate property

Non-form (Farmer)

765.351 (e)

10

1

10

10

2

Request of obligated party to withdraw

 

 

Non-form (Farmer)

765.406 (b)

510*

1

510

30

     

260

Travel time     

 

 

     

     

     

    

     

     

     

48,417

* Denotes unduplicated respondents

 

 

     

     

    

     

     

     

     

SUBTOTALS

520*

540

48,684

TOTALS 

52,735

     

103,922

     

76,573