79 FR 36 pgs. 10178-10179 - 30-Day Notice of Proposed Information Collection: Application for FHA Insured Mortgages

Type: NOTICEVolume: 79Number: 36Pages: 10178 - 10179
Docket number: [Docket No. FR-5752-N-21]
FR document: [FR Doc. 2014-03883 Filed 2-21-14; 8:45 am]
Agency: Housing and Urban Development Department
Official PDF Version:  PDF Version
Pages: 10178, 10179

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5752-N-21]

30-Day Notice of Proposed Information Collection: Application for FHA Insured Mortgages

AGENCY:

Office of the Chief Information Officer, HUD.

ACTION:

Notice.

SUMMARY:

HUD has submitted the proposed information collection requirement described below to the Office of Management and Budget (OMB) for review, in accordance with the Paperwork Reduction Act. The purpose of this notice is to allow for an additional 30 days of public comment.

DATES:

Comments Due Date: March 26, 2014.

ADDRESSES:

Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB Control Number and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: 202-395-5806. Email: OIRA_Submission@omb.eop.gov.

FOR FURTHER INFORMATION CONTACT:

Colette Pollard, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 7th Street SW., Washington, DC 20410; email Colette Pollard at Colette.Pollard@hud.gov or telephone 202-402-3400. Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Pollard.

SUPPLEMENTARY INFORMATION:

This notice informs the public that HUD has submitted to OMB a request for approval of the information collection described in Section A. The Federal Register notice that solicited public comment on the information collection for a period of 60 days was published on December 11, 2013.

A. Overview of Information Collection

Title of Information Collection: Application for FHA Insured Mortgage.

OMB Approval Number: 2502-0059.

Type of Request: Revision of a currently approved collection.

Form Number: HUD-92900-A, HUD-92900-B, HUD-92900-LT, HUD-92561, Addendum to HUD-1, Model, Notice for Informed Consumer Choice Disclosure, Model Pre-Insurance Review/Checklist.

Description of the need for the information and proposed use: Specific forms and related documents are needed to determine the eligibility of the borrower and proposed mortgage transaction for FHA's insurance endorsement. Lenders seeking FHA's insurance prepare certain forms to collect data.

Respondents (i.e. affected public): 1,239,416.

Estimated Number of Respondents: 11,604.

Estimated Number of Responses: 1 document per loan.

Frequency of Response: 90 minutes.

Average Hours per Response: 534,931.

Total Estimated Burdens: 1,347,549.

B. Solicitation of Public Comment

This notice is soliciting comments from members of the public and affected parties concerning the collection of information described in Section A on the following:


[top] (1) Whether the proposed collection of information is necessary for the proper performance of the functions of the agency, including whether the page 10179 information will have practical utility; (2) The accuracy of the agency's estimate of the burden of the proposed collection of information; (3) Ways to enhance the quality, utility, and clarity of the information to be collected; and (4) Ways to 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. HUD encourages interested parties to submit comment in response to these questions.

Authority:

Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapters 35.

Dated: February 12, 2014.

Colette Pollard,

Department Reports Management Officer, Office of the Chief Information Officer.

[FR Doc. 2014-03883 Filed 2-21-14; 8:45 am]

BILLING CODE 4210-67-P