Mortgage Record Change

ICR 201406-2502-003

OMB: 2502-0422

Federal Form Document

Forms and Documents
Document
Name
Status
Form and Instruction
Modified
Supporting Statement A
2014-09-10
IC Document Collections
IC ID
Document
Title
Status
42061 Modified
ICR Details
2502-0422 201406-2502-003
Historical Active 201010-2502-004
HUD/OH
Mortgage Record Change
Reinstatement without change of a previously approved collection   No
Regular
Approved with change 09/11/2014
Retrieve Notice of Action (NOA) 07/17/2014
HUD shall display the OMB control number on its website.
  Inventory as of this Action Requested Previously Approved
09/30/2017 36 Months From Approved
2,500,000 0 0
250,000 0 0
0 0 0

The servicing of insured mortgages must be performed by a mortgagee that is approved by HUD to service insured mortgages. The Mortgage Record Change information is used by FHA-approved mortgagees to comply with HUD requirements for reporting the sale of a mortgage between investors and/or the transfer of the mortgage servicing responsibility, as appropriate. The information is collected electronically through Business-to-Government, Electronic Data Interchange and via FHA Connection. The information required is used to update HUD's Single Family Insurance System and other related systems. Current data is necessary to establish mortgage premium liability, forward annual premium mortgage data to the appropriate mortgagee/servicer, and maintain premium receivables and program data regarding investors/servicer activity

None
None

Not associated with rulemaking

  79 FR 9256 02/18/2014
79 FR 41591 07/16/2014
No

1
IC Title Form No. Form Name
Mortgage Record Change 92080 Mortgage Record Change

  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 2,500,000 0 0 0 0 2,500,000
Annual Time Burden (Hours) 250,000 0 0 0 0 250,000
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No

$400,000
No
No
No
No
No
Uncollected
Silas Vaughn 2024023545 Silas.C.Vaughn@hud.gov

  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.
07/17/2014


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