American Survey of Mortgage Borrowers (ASMB)

Forms and Documents

Document Name	Status
Renumb_SS#13--NMDB Stakeholder contact list v16.pdf Supplementary Document	2016-06-23
Renumb_SS#12--NMDB SORN 2015-08-28.pdf Supplementary Document	2016-06-23
Renumb_SS#11--ASMB 30-day PRA Comment Letters.pdf Supplementary Document	2016-06-23
Renumb_SS#10--ASMB 30-day PRA Notice.pdf Supplementary Document	2016-06-23
Renumb_SS#9--ASMB 60-day PRA Comment Letters.pdf Supplementary Document	2016-06-23
Renumb_SS#8--ASMB 60-day PRA Notice.pdf Supplementary Document	2016-06-23
Renumb_SS#7--Technical report 16-01 final 05272016.pdf Supplementary Document	2016-06-23
Renumb_SS#6--ASMB Q-by-Q Table re Purpose.pdf Supplementary Document	2016-06-23
Renumb_SS#5--NSMB technical documentation 15-02 081715 final.pdf Supplementary Document	2016-06-23
Renumb_SS#4--NMDB technical documentation 15-01 081715 final.pdf Supplementary Document	2016-06-23
Renumb_SS#3--FHFA_ASMB_Cognitive_Testing_Guide_02_08_16_v2.pdf Supplementary Document	2016-06-23
Renumb_SS#2--ASMB_Letters_v7.pdf Supplementary Document	2016-06-23
Renumb_SS#1--ASMB_questionnaire_draft_v8.pdf Supplementary Document	2016-06-23
ROCIS_SS Attach#9--NMDB Stakeholder contact list v16.pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#8--NMDB SORN 2015-08-28.pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#7--ASMB 60-Day PRA Comment Letters.pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#6--NSEMB 60-day Notice (80 FR 69664 (Nov. 10, 2015)).pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#5--NSMB technical documentation 15-02 081715 final.pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#4--NMDB technical documentation 15-01 081715 final.pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#3--FHFA_ASMB_Cognitive_Testing_Guide_02_08_16_v2.pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#2--ASMB_Letters_v3.pdf Supplementary Document	2016-03-22
ROCIS_SS Attach#1--ASMB_questionnaire_v7.pdf Supplementary Document	2016-03-22
Revised_ASMB--PRA Revised Supp Statement (2016-06-22).pdf Supporting Statement B	2016-06-23
Revised_ASMB--PRA Revised Supp Statement (2016-06-22).pdf Supporting Statement A	2016-06-23

IC Document Collections

IC ID	Document Title	Status
220715	ASMB - Conducting the Survey Other-Questionnaire with Instructions	New
220714	ASMB - Pre-Testing the Survey Materials through Focus Groups Other-Questionnaire with Instructions	New

ICR Details

OMB Control No: 2590-0015	ICR Reference No: 201603-2590-001
Status: Historical Active	Previous ICR Reference No:
Agency/Subagency: FHFA	Agency Tracking No:
Title: American Survey of Mortgage Borrowers (ASMB)
Type of Information Collection: New collection (Request for a new OMB Control Number)	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 07/05/2016
	Date Received in OIRA: 03/24/2016
Terms of Clearance: OMB requests that the responses to questions from this survey collection be considered as initial impressions and should not be used as the sole justification for future agency actions.

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2019	36 Months From Approved
Responses	10,024	0	0
Time Burden (Hours)	5,024	0	0
Cost Burden (Dollars)	0	0	0

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Abstract: FHFA is seeking OMB clearance for a new collection of information known as the "American Survey of Mortgage Borrowers" (ASMB). In the initial 60-day PRA Notice published in the Federal Register for this information collection, the survey was referred to as the "National Survey of Existing Mortgage Borrowers." See 80 FR 69664 (Nov. 10, 2015). The ASMB will be a periodic, voluntary survey of individuals who currently have a first mortgage loan secured by single-family residential property. The survey questionnaire will consist of approximately 90 questions designed to learn directly from mortgage borrowers about their mortgage experience, any challenges they may have had in maintaining their mortgage and, where applicable, terminating a mortgage. The Survey will request specific information on: the mortgage; the mortgaged property; the borrower's experience with the loan servicer; and the borrower's financial resources and financial knowledge. The ASMB will be a component of the larger "National Mortgage Database" (NMDB) Project, which is a multi-year joint effort of FHFA and the Consumer Financial Protection Bureau (CFPB) (although the ASMB is being sponsored only by FHFA).

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Authorizing Statute(s): US Code: 12 USC 4544(c) Name of Law: null
  

Citations for New Statutory Requirements: None

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Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

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Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	80 FR 69664	11/10/2015
30-day Notice:	Federal Register Citation:	Citation Date:
	81 FR 15707	03/24/2016
Did the Agency receive public comments on this ICR? Yes

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Number of Information Collection (IC) in this ICR: 2

IC Title	Form No.	Form Name
ASMB - Conducting the Survey
ASMB - Pre-Testing the Survey Materials through Focus Groups

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ICR Summary of Burden

	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	10,024	0	0	10,024	0	0
Annual Time Burden (Hours)	5,024	0	0	5,024	0	0
Annual Cost Burden (Dollars)	0	0	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: Yes

Burden Increase Due to: Miscellaneous Actions

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: This will be a new collection of information mandated by existing statute.

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Annual Cost to Federal Government: $355,700

Does this IC contain surveys, censuses, or employ statistical methods? Yes Part B of Supporting Statement

Is the Supporting Statement intended to be a Privacy Impact Assessment required by the E-Government Act of 2002? No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? Uncollected

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Common Form ICR:  No

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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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 03/24/2016

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