Notice of Submission of Proposed Information Collection to OMB Mortgagee's Application for Partial Settlement (Multifamily Mortgage)

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The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. The Department is soliciting public comments on the subject proposal. Mortgagees who elect to assign multifamily property to HUD complete form HUD-2537, Mortgagee's Application for Partial Settlement, Multifamily Mortgage. HUD uses the information to process a partial claim payment within 24 to 48 hours after assignment or conveyance.