[Federal Register Volume 77, Number 181 (Tuesday, September 18, 2012)]
[Notices]
[Pages 57576-57577]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2012-22984]
=======================================================================
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5603-N-65]
Notice of Proposed Information Collection to OMB and Comment
Request: Legal Instructions Concerning Applications for Full Insurance
Benefits; Assignment of Multifamily Mortgages to the Secretary
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 for a period of
30 days. This notice also corrects an error that was in the 60-day
notice published on July 12, 2012.
Mortgagees of HUD-insured mortgages may receive mortgage insurance
benefits upon assignment of mortgages to HUD. In connection with the
assignment, legal documents (e.g., mortgage, mortgage note, security
agreement, title insurance policy) must be submitted to the Department.
The instructions describe the document submitted to OMB and the
procedures for submission.
DATES: Comments Due Date: October 18, 2012.
ADDRESSES: Interested persons are invited to submit comments regarding
this proposal. Comments should refer to the proposal by name and/or OMB
Control Number (2510-0006) and should be sent to: HUD Desk Office of
Management and Budget, New Executive Office Building, Washington, DC
20503; fax 202-395-5806. OIRA [email protected]
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
[email protected]. or telephone (202) 402-3400. This is not a
toll-free number. Copies of instruction submitted to OMB may be
obtained from Ms. Pollard.
[[Page 57577]]
SUPPLEMENTARY INFORMATION: This notice informs the public that, as
required by the Paperwork Reduction Act of 1995 (44 U.S.C. Chapter 35,
as amended) 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 for an additional period of 30
days from members of the public and affected 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.
The first notice pertaining to this information collection,
referred to as the 60-day notice, published in the Federal Register on
July 12, 2012, at 77 FR 41197. The notice set out the revisions that
HUD proposed to the legal instructions and also presented the proposed
number of respondents and burden hours. Although HUD received no
comments in response to the July 12, 2012, notice, HUD identified an
error. The number of respondents was incorrect. The 60-day notice
listed respondents as 359. This number was incorrect. The correct
number is 128. This notice published today provides the correct
information and also provides the following information:
Title of Proposal: Legal Instructions Concerning Applications for
Full Insurance Benefits--Assignment of Multifamily Mortgage to the
Secretary.
OMB Control Number, if applicable: 2510-0006.
Agency form numbers, if applicable: N/A.
Members of affected public: Mortgagees when applying for insurance
benefits from HUD.
Description of the Need for the Information and its Proposed Use.
Mortgagees of HUD-insured mortgages may receive mortgage insurance
benefits upon assignment of mortgages to HUD. In connection with the
assignment, legal documents (e.g., mortgage, mortgage note, security
agreement, title insurance policy) must be submitted to the Department.
The instructions describe the document submitted to OMB and the
procedures for submission.
Estimation of the total numbers of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response:
----------------------------------------------------------------------------------------------------------------
Frequency of Total burden
Number of respondents Burden hours response hours
----------------------------------------------------------------------------------------------------------------
128.......................................................... 26 1 3,328
----------------------------------------------------------------------------------------------------------------
Status of the proposed information collection: Extension of a
currently approved collection.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.
Chapter 35, as amended.
Dated: September 13, 2012.
Colette Pollard,
Department Reports Management Officer Office of the Chief Information
Officer.
[FR Doc. 2012-22984 Filed 9-17-12; 8:45 am]
BILLING CODE 4210-67-P