The respondents are lenders, counselors, and homeowners who are attempting to sell properties prior to foreclosure. The information collection is a record of the process from the borrower's application to participate in the program and the lender's approval, to the Department's review and approval of the specifics of the sale. Homeowners participating in the program must also receive housing counseling and the confirmation that the counseling has been performed must be documented.
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.