Energy Efficient Mortgages

ICR 202411-2502-007

OMB: 2502-0561

Federal Form Document

Forms and Documents
Document
Name
Status
Supplementary Document
2024-12-26
Supporting Statement A
2024-11-26
IC Document Collections
IC ID
Document
Title
Status
27355 Modified
ICR Details
2502-0561 202411-2502-007
Received in OIRA 202107-2502-002
HUD/OH
Energy Efficient Mortgages
Revision of a currently approved collection   No
Regular 12/26/2024
  Requested Previously Approved
36 Months From Approved 03/31/2025
17 270
29 365
0 0

Lenders provide information required to determne the eligibility of a mortgage to be insured under Section 513 of the Housing and Community Development Act of 1992 (Section 106 of the Energy Policy Act of 1992).

US Code: 42 USC C12712 Name of Law: The Public Health and Welafre
  
None

Not associated with rulemaking

  89 FR 45913 06/24/2024
89 FR 99896 12/11/2024
No

1
IC Title Form No. Form Name
Energy Efficient Mortgages

  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 17 270 0 0 -253 0
Annual Time Burden (Hours) 29 365 0 0 -336 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
In recent years, the total number of respondents for EEM has decreased. This represents a lower usage by Lenders for this program, as they increased access to credit through conventional markets and other FHA insurance programs such as the Section 203(k) Rehabilitation Mortgage Insurance program. Keeping with its purpose, FHA mortgage insurance helps to stabilize housing markets during periods of economic distress. When housing markets weaken, private Lenders seek a greater share of loans with FHA insurance. As the economy improves, Lenders shift from Federal insurance support towards conventional lending models.

$355
No
    No
    No
No
No
No
No
Carmen Mead 202 402-6651 carmen.c.mead@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.
12/26/2024


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