15 Sep 2025
🏘️HUD Seeks Comments on Mortgage Information Collection Procedures
60-Day Notice of Proposed Information Collection: Informed Consumer Choice Disclosure and Application for HUD/FHA Insured Mortgage
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 comment from all interested parties on the proposed collection of information. The purpose of this notice is to allow for 60 days of public comment.
Agencies
- Housing and Urban Development Department
Business Impact
$$ - Med
The notice requests comments on the proposed information collection for HUD/FHA insured mortgages, impacting lenders who must comply with the new rules. This enhances the understanding of borrowing eligibility and mortgage insurance, crucial for business operations in real estate and finance.