[Federal Register Volume 79, Number 82 (Tuesday, April 29, 2014)]
[Notices]
[Page 24002]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2014-09718]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5756-N-13]
60-Day Notice of Proposed Information Collection: Performing Loan
Servicing for the Home Equity Conversion Mortgage (HECM)
AGENCY: Office of the Assistant Secretary for Housing-Federal Housing
Commissioner, HUD.
ACTION: Notice.
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SUMMARY: HUD is seeking approval from the Office of Management and
Budget (OMB) for the information collection described below. In
accordance with the Paperwork Reduction Act, HUD is requesting comment
from all interested parties on the proposed collection of information.
The purpose of this notice is to allow for 60 days of public comment.
DATES: Comments Due Date: June 30, 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: Colette Pollard, Reports
Management Officer, QDAM, Department of Housing and Urban Development,
451 7th Street SW., Room 4176, Washington, DC 20410-5000; telephone
202-402-3400 (this is not a toll-free number) or email at
[email protected] for a copy of the proposed forms or other
available information. Persons with hearing or speech impairments may
access this number through TTY by calling the toll-free Federal Relay
Service at (800) 877-8339.
FOR FURTHER INFORMATION CONTACT: Ivery W. Himes, Director, Office of
Single Family Program, Asset Management, Department of Housing and
Urban Development, 451 7th Street SW., Washington, DC 20410, telephone
(202) 708-1672. 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. Himes.
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is
seeking approval from OMB for the information collection described in
Section A.
A. Overview of Information Collection
Title of Information Collection: Performing Loan Servicing for the
Home Equity Conversion Mortgage (HECM).
OMB Approval Number: 2502-New.
Type of Request: This is a new information collection.
Form Number:
HUD 27011--SF Application for Insurance Benefits
HUD 50002--Request to Exceed Cost and Protection Limits for
Preservation
HUD 50012--Mortgagee's Request for Extension of Time
HUD 9539--Request for Occupied Conveyance
Description of the need for the information and proposed use:
This information collection request for OMB review seeks to combine
the requirements of several existing OMB collections under this
comprehensive collection for mortgagees that service Home Equity
Conversion Mortgages (HECM) and the mortgagors who are involved with
the following activities.
Respondents: Not for profit institutions.
Estimated Number of Respondents: 10.
Estimated Number of Responses: 33,324,110.
Frequency of Response: On occasion.
Average Hours per Response: 10 minutes to 15 minutes.
Total Estimated Burdens: 3,060,683.
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.
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. Chapter 35.
Dated: April 23, 2014.
Laura M. Marin,
Associate General Deputy Assistant Secretary for Housing-Associate
Deputy Federal Housing Commissioner.
[FR Doc. 2014-09718 Filed 4-28-14; 8:45 am]
BILLING CODE 4210-67-P