29 Apr 2025
🏡HUD Proposes New Mortgage Insurance Information Collection
60-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 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 involves a proposed information collection related to multifamily and healthcare mortgages that can affect FHA-approved mortgagees, requiring compliance with updated submission guidelines, including electronic processes. This impacts financial operations and regulatory adherence for businesses involved in these transactions.