Information Collection Request

Real Estate Title Clearance and Loan Closing - 7 CFR 1927-B

ICR 201904-0575-002 · OMB 0575-0147 · Active

Forms and Documents
Document
Name
Status
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Form
Modified
Supplementary Document
2019-09-11
Supplementary Document
2019-09-11
Supplementary Document
2019-08-19
Supplementary Document
2019-08-19
Supplementary Document
2019-08-19
Supplementary Document
2019-08-19
Supporting Statement A
2020-02-25
Supporting Statement A
2020-02-25
IC Document Collections
IC ID
Document
Title
Status
1998 ModifiedRD Form 3550-25
1998 ModifiedCertification of Title Insurance Company
1998 ModifiedCertification of Attorney
1998 ModifiedFinal Title Opinion
1998 ModifiedPreliminary Title Opinion
1998 ModifiedAgreement with Prior Lienholder
1998 ModifiedAffidavit Regarding Work of Improvement
1998 Modified
180080 ModifiedRD Form 3550-25
180080 Modified
180080 ModifiedCertification of Title Insurance Company
180080 ModifiedCetification of Attorney
180080 ModifiedFinal Title Opinion
180080 ModifiedPreliminary Title Opinion
180080 ModifiedAgreement with Prior Lienholder
180080 ModifiedAffidavit Regarding Work of Improvement
ICR Details
0575-0147 201904-0575-002
Active 201610-0575-002
USDA/RHS
Real Estate Title Clearance and Loan Closing - 7 CFR 1927-B
Revision of a currently approved collection   No
Regular
Approved without change 08/19/2021
02/26/2020
In accordance with 5 CFR 1320, the information collection is approved for three years. For all USDA forms included in this collection but not approved under a 0575 control number, the agency that developed this form must convert it to a common form, and RHS must submit a RCF for their total agency burden for use of this form, including the burden from this collection, all prior to the next renewal. For all 0575 forms included in this collection, not approved under 0575-0147, and used by any other agency other than RHS, RHS must convert this form to a common form prior to the next renewal and advise the other agency to submit their usage under a RCF. For all 0575 forms included in this collection, not approved under 0575-0147, and only used by RHS, RHS must merge the burden for their total agency use of this form into a single ICR under one OMB control number prior to the next renewal. Prior to the next renewal, please ensure that all forms display the OMB control number, expiration date, and PRA burden statement.
  Inventory as of this Action Requested Previously Approved
08/31/2024 36 Months From Approved 08/31/2021
22,214 0 29,450
2,957 0 3,929
0 0 0

This regulation promulgates the policies and procedures or real estate title clearance and closing of loans, assumptions, voluntary conveyances, and credit sales in connection with insured loans. This regulation does not apply to guaranteed loans.

US Code: 7 USC 1926a Name of Law: Consolidated Farm and Rural Development Act
   PL: Pub.L. 102 - 550 501 Name of Law: Housing Act of 1949
  
None

Not associated with rulemaking

  84 FR 24075 05/24/2019
85 FR 10647 02/25/2020
No

2
IC Title Form No. Form Name
7 CFR 1927 - Private Sector 3550-25, 1927-05, 1927-08, 1927-19, 1927-20, 1927-09, 1927-10 ,   ,   ,   ,   ,   ,  
7 CFR 1927-B, "Real Estate Title Clearance and Loan Closing" 1927-05, 1927-08, 1927-09, 1927-20, 1927-10, 1927-19, 3550-25 ,   ,   ,   ,   ,   ,  

  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 22,214 29,450 0 0 -7,236 0
Annual Time Burden (Hours) 2,957 3,929 0 0 -972 0
Annual Cost Burden (Dollars) 0 0 0 0 0 0
No
No
Since the last submission, respondents have declined accounting for the decrease in responses and burden.

$3,291,120
No
    No
    No
No
No
No
No
Robin Jones 202 772-1172 robin.m.jones@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.
02/26/2020

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