83c

83C-92900-A and 92900-LT-Revisions 5-2015.doc

Informed Consumer Choice Notice and Application for FHA Insured Mortgage

83C

OMB: 2502-0059

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PAPERWORK REDUCTION ACT

CHANGE WORKSHEET

Agency/Subagency


U.S. Department of Housing and Urban Development

Office of Housing, Office of Single Family Housing

OMB Control Number


2502-0059


Enter only items that change

Current record New record

Agency form number(s)


HUD Form 92900-A

HUD Form 92900-LT

HUD/VA Addendum to Uniform Residential Loan Application; FHA Loan Underwriting and Transmittal Summary

HUD/VA Addendum to Uniform Residential Loan Application; FHA Loan Underwriting and Transmittal Summary

Annual reporting and recordkeeping hour burden




Number of respondents




Total annual responses





Percent of these responses collected electronically




Total annual hours




Difference




Explanation of difference




Program change




Adjustment


Annual reporting and recordkeeping cost burden (in thousands of dollars)




Total annualized Capital/Startup costs

0

0


Total annual costs (O&M)

0

0


Total annualized cost requested

0

0


Difference


0


Explanation of difference




Program change




Adjustment


HUD has updated its form 92900-A, HUD/VA Addendum to Uniform Residential Loan Application. The changes were made to provide clarity to the certifications made by the lender/mortgagee by helping standardize language between VA and HUD\FHA, and to remove redundant sections. Additionally, form 92902, Certificate of HECM Counseling (currently approved under OMB 2502-0524), will now also display approval under 2502-0059 to more accurately demonstrate that as part of some HECM applications, that information conditions already ascribed to and approved under OMB 2502-0059 are appropriately approved and covered.

HUD also updated its form 92900-LT, FHA Loan Underwriting and Transmittal Summary to reflect program names and terms currently used in its Handbooks. (example – changed Lender to Mortgagee) These changes do not impact the information collection.

Signature of Senior Official or designee:

Date:

For OIRA Use

_______________

______________


**This form cannot be used to extend an expiration date.

OMB FORM 83-C 10/95

File Typeapplication/msword
File TitlePAPERWORK REDUCTION ACT
AuthorHUD
Last Modified ByHUD User
File Modified2015-05-07
File Created2015-05-07

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