22 Aug 2025
🏠HUD 30-Day Notice on Legal Instructions for Mortgage Applications
30-Day Notice of Proposed Information Collection: Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily and Healthcare Mortgages to the Secretary
Summary
HUD is seeking approval from the Office of Management and Budget (OMB) for the information collection described below. In accordance with the Paperwork Reduction Act, HUD is requesting comments from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 30 days of public comment.
Agencies
- Housing and Urban Development Department
Business Impact
$$ - Med
This regulation involves compliance and regulatory requirements for businesses handling FHA-insured mortgages. The need for electronic submissions and updated documentation could impose new operational procedures and costs on mortgagees, affecting business processes related to multifamily and healthcare mortgages.