7 CFR 1951-R, Rural Development Loan Servicing

ICR 202102-0570-001

OMB: 0570-0015

Federal Form Document

Forms and Documents
Document
Name
Status
Form
Modified
Supporting Statement A
2021-10-26
Supplementary Document
2021-10-26
IC Document Collections
IC ID
Document
Title
Status
1666 Modified
ICR Details
0570-0015 202102-0570-001
Received in OIRA 201809-0570-002
USDA/RBS
7 CFR 1951-R, Rural Development Loan Servicing
Revision of a currently approved collection   No
Regular 11/15/2021
  Requested Previously Approved
36 Months From Approved 11/30/2021
3,941 3,741
11,878 11,253
0 0

Regulation promulgates the policies and procedures for servicing or liquidating loans made by Rural Development under the Intermediary Relending Program to eligible intermediaries and applies to ultimate recipients and other involved partied.

PL: Pub.L. 99 - 198 1323 Name of Law: Food Security Act of 1985
  
None

Not associated with rulemaking

  86 FR 44689 08/13/2021
86 FR 62985 11/15/2021
No

1
IC Title Form No. Form Name
7 CFR 1951-R, Rural Development Loan Servicing RD 1951-4 Report of IRP/RDLF Lending Activity

  Total Request 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 3,941 3,741 0 200 0 0
Annual Time Burden (Hours) 11,878 11,253 0 625 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
The program is experiencing an increase in responses to this burden based on an increase in the number of intermediaries administering the program, a higher focus and need for servicing attention to a number of accounts, changes/shifts in the economy and most recently the global Pandemic. The number of respondents increased from 450 to 475. There is also an increase of 200 and 625 in responses and burden hours respectively. This is due to an increase in the number of respondents since the last submission.

$2,766,350
No
    Yes
    No
No
No
No
No
Lori Washington 202 720-9815 lori.washington@wdc.usda.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.
11/15/2021


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