[Federal Register Volume 78, Number 79 (Wednesday, April 24, 2013)]
[Notices]
[Pages 24226-24227]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-09704]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5687-N-22]


Notice of Proposed Information Collection: Comment Request; FHA 
TOTAL (Technology Open to Approved Lenders) Mortgage Scorecard

AGENCY: Office of the Assistant Secretary for Housing, HUD.

ACTION: Notice.

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SUMMARY: The proposed information collection requirement described 
below will be submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. HUD is 
soliciting public comments on the subject proposal.

DATES: Comments Due Date: June 24, 2013.

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: Reports Liaison Officer, 
Department of Housing and Urban Development, 451 7th Street SW., 
Washington, DC 20410, Room 9120 or the number for the Federal 
Information Service (1-800-877-8339).

FOR FURTHER INFORMATION CONTACT: Karin B. Hill, Director, Office of 
Single Family Program Development, Department of Housing and Urban 
Development, 451 7th Street SW., Washington, DC 20410, telephone (202) 
708-2121 (this is not a toll free number) for copies of the proposed 
forms and other available information.

SUPPLEMENTARY INFORMATION: HUD is submitting the proposed information 
collection to OMB for review, as required by the Paperwork Reduction 
Act of 1995 (44 U.S.C. Chapter 35, as amended).
    This Notice is soliciting comments from members of the public and 
affected agencies concerning the proposed collection of information to: 
(1) Evaluate whether the proposed collection 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 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 TOTAL Mortgage Scorecard.
    OMB Control Number, if applicable: 2502-0556.
    Description of the need for the information and proposed use: The 
regulation mandating this collection can be found in the Code of 
Federal Regulations at 24 CFR 203.255(b)(5). This information is 
necessary to assure that lenders (and automated underwriting system 
(AUS) vendors) are aware of their obligations regarding use of the 
TOTAL Mortgage Scorecard and are certifying that they will comply with 
all pertinent regulations. It also allows FHA to request reports from 
lenders regarding their use of the scorecard, that they have 
implemented appropriate quality control procedures for using the 
scorecard, and provides an appeal mechanism should FHA take an action 
to terminate a lender's use of the scorecard.
    Agency form numbers, if applicable: N/A.
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response: The number of burden hours is 908.0. 
The number of respondents is 12,000, the number of responses is 452, 
the frequency of response is on occasion, and the burden hour per 
response is .464.
    Status of the proposed information collection: This is an extension 
of currently approved collection.

    Authority:  The Paperwork Reduction Act of 1995, 44 U.S.C., 
Chapter 35, as amended.

    Dated: April 19, 2013.
Laura M. Marin,
Acting General Deputy Assistant Secretary for Housing-Acting General 
Deputy Federal Housing Commissioner.
[FR Doc. 2013-09704 Filed 4-23-13; 8:45 am]
BILLING CODE 4210-67-P