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This document serves to notify the Office of Management and Budget of a proposed information collection regarding the termination of HUD multifamily mortgage insurance, inviting public comments on
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How to fill out Notice of Submission of Proposed Information Collection to OMB Request for Termination of Multifamily Mortgage Insurance

01
Obtain a copy of the Notice of Submission of Proposed Information Collection to OMB Request form.
02
Review the instructions provided with the form carefully.
03
Fill out the section that identifies the proposed information collection, including the title and purpose.
04
Provide detailed information about the Multifamily Mortgage Insurance that is being terminated, including relevant loan numbers and property addresses.
05
Explain the reasons for the termination request in clear and concise language.
06
Include any supporting documentation that may be required by the OMB.
07
Ensure that all sections of the form are completed accurately to avoid delays.
08
Sign and date the form where indicated before submission.
09
Submit the completed form to the OMB through the appropriate channels, typically electronically.

Who needs Notice of Submission of Proposed Information Collection to OMB Request for Termination of Multifamily Mortgage Insurance?

01
Developers and owners of multifamily housing projects seeking to terminate their mortgage insurance.
02
Financial institutions involved in multifamily lending.
03
Real estate investors and property management companies managing multifamily properties.
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It is a formal document that requests the approval from the Office of Management and Budget (OMB) to terminate an existing information collection associated with multifamily mortgage insurance.
Entities or organizations that wish to terminate their multifamily mortgage insurance obligations and need to submit the associated information collection to the OMB.
To fill out the notice, you must provide required details including the name and contact information of the submitter, the specific information collection being terminated, and any additional relevant details as outlined in the instructions provided by the OMB.
The purpose is to inform the OMB of the intent to discontinue the collection of certain information related to multifamily mortgage insurance, ensuring compliance with federal regulations regarding information management.
The information must include the title of the information collection, associated OMB control number, reason for termination, potential impact of termination on stakeholders, and any alternative methods for information gathering.
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