74 FR 58 pgs. 13447-13448 - FHA Lender Approval, Annual Renewal, Periodic Updates and Noncompliance Reporting by FHA Approved Lenders
Type: NOTICEVolume: 74Number: 58Pages: 13447 - 13448
Docket number: [Docket No. FR-5281-N-23]
FR document: [FR Doc. E9-6814 Filed 3-26-09; 8:45 am]
Agency: Housing and Urban Development Department
Official PDF Version: PDF Version
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5281-N-23]
FHA Lender Approval, Annual Renewal, Periodic Updates and Noncompliance Reporting by FHA Approved Lenders
AGENCY:
Office of the Chief Information Officer, HUD.
ACTION:
Notice.
SUMMARY:
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.
This information is required for approval of all FHA Title I lender and Title II mortgagees. Additional information is then required of all FHA approved Title I lenders and Title II mortgagees to: (1) Maintain their approval (annual Recertification); (2) add/delete branches; (3) pay additional fees to FHA for annual Recertification, new branches, and business conversions; (4) report business changes of lender and mortgagee quality control plans; (6) voluntarily terminate FHA approval and file credit watch termination reinstatement requests.
DATES:
Comments Due Date: April 27, 2009 .
ADDRESSES:
Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval Number (2502-0005) and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: 202-395-6974.
FOR FURTHER INFORMATION CONTACT:
Lillian Deitzer, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410; e-mail Lillian Deitzer at Lillian_L._Deitzer@HUD.gov or telephone (202) 402-8048. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Deitzer.
SUPPLEMENTARY INFORMATION:
This notice informs the public that the Department of Housing and Urban Development has submitted to OMB a request for approval of the Information collection described below. This notice is soliciting comments from members of the public and affecting agencies concerning the proposed collection of information to: (1) Evaluate whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the information will have practical utility; (2) Evaluate the accuracy of the agency's estimate of the burden of the proposed collection of information; (3) Enhance the quality, utility, and clarity of the information to be collected; and (4) Minimize the burden of the collection of information on those who are to respond; including through the use of appropriate automated collection techniques or other forms of information technology, e.g. , permitting electronic submission of responses.
This notice also lists the following information:
Title of Proposal: FHA Lender Approval, Annual Renewal, Periodic Updates and Noncompliance Reporting by FHA Approved Lenders.
OMB Approval Number: 2502-0005.
Form Numbers: HUD-92001-A, HUD-92001-B, HUD 92001-C, HUD 92001-D, HUD-92001-E, HUD-92001-F, HUD-92001-G, and HUD-92001-H.
Description of the Need for the Information and its Proposed Use: This information is required for approval of all FHA Title I lender and Title II mortgagees. Additional information is then required of all FHA approved Title I lenders and Title II mortgagees to: (1) Maintain their approval (annual Recertification); (2) add/delete branches; (3) pay additional fees to FHA for annual Recertification, new branches, and business conversions; (4) report business changes of lender and mortgagee quality control plans; (6) voluntarily terminate FHA approval and file credit watch termination reinstatement requests.
Frequency of Submission: On occasion, Annually.
| Number of respondents | Annual responses | × | Hours per response | = | Burden hours | |
|---|---|---|---|---|---|---|
| Reporting Burden | 17,000 | 3.74 | 0.68 | 43,547 |
Total Estimated Burden Hours: 43,547.
Status: Revision of a currently approved collection.
Authority:
Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 35, as amended.
March 23, 2009.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief Information Officer.
[FR Doc. E9-6814 Filed 3-26-09; 8:45 am]
BILLING CODE 4210-67-P