Multifamily Insurance Benefits Claims Package

ICR 202104-2502-004

OMB: 2502-0418

Federal Form Document

Forms and Documents
IC Document Collections
IC ID
Document
Title
Status
27174 Modified
ICR Details
2502-0418 202104-2502-004
Received in OIRA 201709-2502-009
HUD/OH
Multifamily Insurance Benefits Claims Package
Revision of a currently approved collection   No
Regular 07/27/2021
  Requested Previously Approved
36 Months From Approved 08/31/2021
110 880
688 468
0 0

When the terms of a Multifamily contract are breached or when a mortgagee meets conditions stated within the Multifamily contract for an automatic assignment, the holder of the mortgage may file for insurance benefits. To receive these benefits, the mortgagee must prepare and submit to HUD the Multifamily Insurance Benefits Claims Package. HUD uses the information collection to determine the insurance benefits owed to the mortgagee.

US Code: 12 USC 1713(g) Name of Law: Title II, Section 207(g), of the National Housing Act
  
None

Not associated with rulemaking

  86 FR 25881 05/11/2021
86 FR 40076 07/26/2021
No

  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 110 880 0 -770 0 0
Annual Time Burden (Hours) 688 468 0 220 0 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
Yes
Miscellaneous Actions
No
This is a revision of a currently approved collection. There has been an increase in the responses per year and to the annual hours burden previously reported. However, there has been no change to the information being collected. The public burden hour usage was not previously captured for HUD-2741 instruction form and should have been included. This information has now been added to the form.

$416,414
No
    No
    No
No
No
No
No
Alabama Brumskine 202 402-3472 alabama.j.brumskine@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.
07/27/2021


© 2024 OMB.report | Privacy Policy