86 FR 200 pgs. 58088-58089 - 30-Day Notice of Proposed Information Collection: Single Family Premium Collection Subsystem—Periodic (SFPCS-P); OMB Control No.: 2502-0536
Type: NOTICEVolume: 86Number: 200Pages: 58088 - 58089
Pages: 58088, 58089Docket number: [Docket No. FR-7034-N-60]
FR document: [FR Doc. 2021-22852 Filed 10-19-21; 8:45 am]
Agency: Housing and Urban Development Department
Official PDF Version: PDF Version
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-7034-N-60]
30-Day Notice of Proposed Information Collection: Single Family Premium Collection Subsystem-Periodic (SFPCS-P); OMB Control No.: 2502-0536
AGENCY:
Office of the Chief Information Officer, HUD.
ACTION:
Notice.
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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: November 19, 2021.
ADDRESSES:
Interested persons are invited to submit comments regarding this proposal. Written comments and recommendations for the proposed information collection should be sent within 30 days of publication of this notice to www.reginfo.gov/public/do/Start Printed Page 15501PRAMain. Find this particular information collection by selecting "Currently under 30-day Review-Open for Public Comments" or by using the search function.
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. This is not a toll-free number. Persons with hearing or speech impairments may access this number through TTY by calling the toll-free Federal Relay Service at (800) 877-8339.
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 June 23, 2021. May 7, 2021, at 118 FR 32965.
A. Overview of Information Collection
Title of Information Collection: Single Family Premium Collection Subsystem-Periodic (SFPCS-P).
OMB Approval Number: 2502-0536.
OMB Expiration Date: 2/28/2022.
Type of Request: Revision of a currently approved collection.
Form Number: None.
Description of the need for the information and proposed use: The Single Family Premium Collection Subsystem-Periodic (SFPCS-P) allows the lenders to remit the single-family periodic mortgagee insurance premium (PMIP) using funds obtained from the mortgagor during the collection of the monthly mortgage payment. The SFPCS-P strengthens HUD's ability to manage and process PMIP collections and corrections to submitted data. It also improves data integrity for the Single Family Mortgage Insurance Program and enables FHA to track borrower's insurance PMIP status. Therefore, the FHA approved lenders remit PMIP payments that are required by the authority for this collection of information in 24 CFR 203.264 and 24 CFR 203.269 and to comply with the Federal Credit Reform Act of 1990, 2 U.S.C. 661, et seq.
Respondents: Business or other for-profit.
Estimated Number of Respondents: 730.
Estimated Number of Responses: 8,760.
Frequency of Response: 12 per year/monthly.
Average Hours per Response: .15.
Total Estimated Burden: 1,314 hours.
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:
(1) 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) 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.
(5) ways to minimize the burden of the collection of information on those who are respond, including the use of automated collection techniques or other forms of information technology.
HUD encourages interested parties to submit comment in response to these questions.
C. Authority
Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information Officer.
[FR Doc. 2021-22852 Filed 10-19-21; 8:45 am]
BILLING CODE 4210-67-P