60-Day Notice of Proposed Information Collection: FHA Single Family Model Mortgage Documents, 85997-85999 [2016-28756]

Download as PDF Federal Register / Vol. 81, No. 229 / Tuesday, November 29, 2016 / Notices asabaliauskas on DSK3SPTVN1PROD with NOTICES II. Proposed Method of Determining Income Limit HUD calculates low-, very low-, and extremely low-income limits for the public housing program. These income limits are used for assessing program eligibility. Very low-income (VLI) limits are preliminarily calculated as 50 percent of the estimated area median family income. VLI limits include several adjustments to align the income limits with program requirements including: 1. High Housing Cost Adjustment. The 4-Person VLI limit is increased if it would otherwise be less than the amount at which 35 percent of it equals 85 percent of the annualized twobedroom Section 8 40th percentile FMR (this adjusts income limits upward for areas where rental housing costs are unusually high in relation to median income). 2. Low Housing Cost Adjustment. If the 4-person VLI limit exceeds 80 percent of the U.S. median family income, and the two bedroom 40th percentile FMR is affordable (less than or equal to 30 percent of the preliminary VLI limit), the VLI limit will be reduced to the greater of 80 percent of U.S. median family income or the amount at which 30 percent of it equals the twobedroom 40th percentile FMR. This adjusts income limits downward for areas of unusually high median family incomes. 3. State Non-Metro Median Family Income Adjustment. The 4-person VLI limit is also adjusted if it would otherwise be lower than 50 percent of the State non-metro median family income; and 4. Ceilings and Floors for Changes. In lieu of holding income limits harmless, HUD does not allow income limits to decrease or increase more than 5 percent. The VLI limits are calculated for every FMR area, so there may be subareas for metropolitan statistical areas (MSAs). For the purpose of determining the income limit, including any adjustments, HUD will use the VLI limit as the basis of the 120 percent income limit (by multiplying the VLI limit by a factor of 2.4). For those areas without an adjustment, the result is an income limit of 120 percent of AMI. For areas where HUD has made an adjustment to the VLI limit, the result of the multiplier will be higher or lower than 120 percent of AMI, depending on the adjustments made. For example, for the Los Angeles MSA, HUD’s income limit methodology results in a high housing cost adjustment, therefore, the income limit for families residing in this area is 167 VerDate Sep<11>2014 17:48 Nov 28, 2016 Jkt 241001 percent of AMI, due to the higher housing costs in this MSA. HUD’s income limits were developed by HUD’s Office of Policy Development and Research, and are updated annually. Information about HUD’s income limits and HUD’s methodology for adjusting income limits as part of the income limit calculation can be found at: https://www.huduser.gov//datasets/ il/il16/index_il2016.html. III. Request for Comments HUD is seeking comments on the methodology described above. Specifically, HUD seeks comments on the following questions: 1. Does the methodology adequately consider local housing costs and make appropriate adjustments for higher housing costs? 2. What other factors should HUD consider when determining whether to make adjustments to the income limit? Please provide specific examples of circumstances that are not captured in HUD’s proposed methodology. IV. Environmental Impact Certification This notice does not direct, provide for assistance or loan and mortgage insurance for, or otherwise govern or regulate real property acquisition, disposition, leasing, rehabilitation, alteration, demolition, or new construction; or establish, revise, or provide for standards for construction or construction materials, manufactured housing, or occupancy. Accordingly, under 24 CFR 50.19(c)(1), this notice is categorically excluded from environmental review under the National Environmental Policy Act of 1969 (42 U.S.C. 4321). Dated: November 17, 2016. Jemine Bryon, General Deputy Assistant, Secretary for Public and Indian Housing. [FR Doc. 2016–28593 Filed 11–28–16; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5913–C–34] 60-Day Notice of Proposed Information Collection: FHA Single Family Model Mortgage Documents Office of the Assistant Secretary for Housing—Federal Housing Commissioner, HUD. ACTION: Correction; notice. AGENCY: This notice corrects the document HUD published at 81 FR 84608, November 23, 2016. HUD is amending both paragraphs on page 4. SUMMARY: PO 00000 Frm 00078 Fmt 4703 Sfmt 4703 85997 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: January 30, 2017. 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 Colette.Pollard@hud.gov 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 tollfree Federal Relay Service at (800) 877– 8339. FOR FURTHER INFORMATION CONTACT: Kevin Stevens, 451 7th Street SW., Washington, DC 20410; email KevinL.Stevens@hud.gov; or telephone 202–402–2673. 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. 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: FHA Single Family Model Mortgage Documents. OMB Approval Number: 2502—New. Type of Request: Approval of a new collection of information. Form Number: N/A. Description of the need for the information and proposed use: This notice advises of FHA’s review and proposed revisions to the Single Family Model Forward Mortgage document. Similar to FHA’s review of its multifamily mortgage transactional documents, healthcare facilities transactional documents, and hospital transactional documents, FHA is reviewing its Single Family mortgage transactional documents to determine where revisions and updates may be needed. This notice presents one document that FHA has identified for E:\FR\FM\29NON1.SGM 29NON1 85998 Federal Register / Vol. 81, No. 229 / Tuesday, November 29, 2016 / Notices review and update, and additional documents may be the subject of future notices for comment. asabaliauskas on DSK3SPTVN1PROD with NOTICES Proposed Changes to the Model Forward Mortgage Document The following describes the changes proposed to be made to the Single Family Model Forward Mortgage document, which can be found, with the proposed changes to the document’s terms highlighted, at HUD’s Web site at https://portal.hud.gov/hudportal/ HUD?src=/program_offices/housing/sfh/ SFH_policy_drafts. Forward Mortgage The majority of the proposed changes are conforming or technical in nature (e.g., correction of internal references and typographical errors). Included in this category is the proposed change to Section 19. As provided in FHA’s Instructions for Model Mortgages (located at https://portal.hud.gov/ hudportal/HUD?src=/program_offices/ housing/sfh/model_documents) the FHA Model Forward Mortgage document is based largely on the Federal Home Loan Mortgage Corporation and Federal National Mortgage Association (the ‘‘Government Sponsored Enterprises’’ or ‘‘GSEs’’) security instrument covenants, with certain FHA-specific revisions. When incorporating the GSE covenants into the Model Forward Mortgage document, the second paragraph of Section 19 was unintentionally omitted, but reference to that paragraph was retained in the section heading, resulting in an apparent internal discrepancy in the Model Forward Mortgage. Because the omission of this paragraph was not identified as an FHA-Specific Modification (as that term is used in the Instructions for Model Mortgages), mortgagees have been free to adopt the analogous GSE covenant provision to resolve this discrepancy. Therefore, although the proposed change to Section 19 appear substantive, it should bring the Model Forward Mortgage into closer conformity with current FHAinsured mortgages and industry standard. In addition to these technical changes, FHA is proposing one set of substantive changes to the Model Forward Mortgage, reflected in the judicial and non-judicial versions of Section 22 (hereinafter ‘‘Sections 22’’) and Section 20. Prior to the September, 2014 publication of the current Model Forward Mortgage, the former Model Forward Mortgage contained the following provision: ‘‘[i]n many circumstances regulations issued by the Secretary will limit Lender rights, in the VerDate Sep<11>2014 17:48 Nov 28, 2016 Jkt 241001 case of payment defaults, to require immediate payment in full and foreclose if not paid. This Security Instrument does not authorize acceleration or foreclosure if not permitted by regulations of the Secretary.’’ (hereinafter ‘‘Paragraph 9(d)’’). Because Paragraph 9(d) is not necessarily entailed by FHA regulatory or statutory authority, its omission was a natural consequence of the adoption of the GSE security instrument covenants. Mortgagees are obliged to fulfill their contractual and regulatory obligations to the Department, including commencing foreclosure upon satisfaction of certain regulatory preconditions, regardless of whether certain of those obligations are recited in or incorporated by reference into a separate mortgage contract with a borrower. Since publication of the current FHA Model Forward Mortgage, however, FHA has been informed that Paragraph 9(d) has been viewed by borrowers as providing certain defenses to foreclosure actions, and has, on occasion, been successfully used to assert such defenses under circumstances where mortgagees allegedly fail to satisfy certain preconditions to foreclosure reflected in the Department’s regulations. The Department’s regulations form the contract of mortgage insurance between FHA and the mortgagee, which has always been regarded as separate and distinct from the private mortgage contract between mortgagee and borrower. However, the Department also acknowledges the incidental benefits of incentivizing mortgagee compliance with FHA requirements by incorporation of a similar, separate contractual right in the private mortgage contract between the mortgagee and borrower. The reintroduction of language in the proposed change to Sections 22 similar to that contained in the previous Paragraph 9(d) may serve to again further this goal. The Department is also proposing a revision to Section 20, which generally provides that the borrower is not a third-party beneficiary to the contract of mortgage insurance between the lender and FHA. Legally, FHA borrowers have never been deemed third-party beneficiaries of the mortgage insurance contract between FHA and the mortgagee, and therefore, have had no authority to enforce any provisions thereof. However, as reflected in the proposed changes to Sections 22, the borrower and lender will enjoy contractual rights and obligations under the private mortgage contract that happen to mirror elements of the mortgage insurance contract because PO 00000 Frm 00079 Fmt 4703 Sfmt 4703 they both separately rely on HUD’s regulations. By asserting rights under the private mortgage contract, even those that incorporate elements of the regulations forming the mortgage insurance contract, borrowers would not be enforcing the contract of mortgage insurance and FHA regulations as such, but rather enforcing the private contractual terms incorporated into the mortgage contract that mirror those regulations. While aiming to clearly delineate the lines between the private mortgage contract and the contract of mortgage insurance through the language contained in Section 20, the Department does not wish to cause any confusion concerning the borrower’s ability to enforce his or her rights that have been granted through the incorporation of certain regulatory provisions. Therefore, for clarity, the Department is proposing a revision to Section 20 that eliminates any confusion regarding the borrower’s ability to assert rights under the private mortgage contract with the mortgagee as provided in the proposed changes to Section 22. The proposed revision to Section 20 does not jeopardize the settled fact that borrowers are not thirdparty beneficiaries of the mortgage insurance contract and do not have the authority to enforce any provisions thereof. This is a consequence of wellestablished legal principals governing contractual relationships and privity, which will remain unchanged notwithstanding the proposed revision. HUD expects, therefore, that the proposed change renders Section 20 more apparently consistent with the proposed changes to Sections 22, but does not intend to create third-party rights under the mortgage insurance contract. The following information regarding respondents and number of responses is based on information related to the actual legal mortgage document, not the model mortgage document. Affected Respondents: Businesses or other for-profit. Estimated Number of Respondents: 2,535. Estimated Number of Responses: 164,447. Frequency of Response: On Occasion. Average Hours per Response: .05. Total Estimated Burdens: 822 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 E:\FR\FM\29NON1.SGM 29NON1 85999 Federal Register / Vol. 81, No. 229 / Tuesday, November 29, 2016 / Notices 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: November 23, 2016. Janet M. Golrick, Associate General Deputy Assistant, Secretary for Housing Associate Deputy Federal Housing Commissioner. [FR Doc. 2016–28756 Filed 11–28–16; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF THE INTERIOR Fish and Wildlife Service [FWS–R1–SA–2016–N206; FF01SNPLC0– FXSC141001NPLC0–178] Proposed Information Collection; Pacific Northwest Coastal Landscape Conservation Design Social Network Survey AGENCY: Fish and Wildlife Service, Interior. ACTION: Notice; request for comments. We (U.S. Fish and Wildlife Service) will ask the Office of Management and Budget (OMB) to approve the information collection (IC) described below. As required by the Paperwork Reduction Act of 1995 and as part of our continuing efforts to reduce paperwork and respondent burden, we invite the general public and other Federal agencies to take this opportunity to comment on this IC. We may not conduct or sponsor and a person is not required to respond to a collection of information unless it displays a currently valid OMB control number. DATES: To ensure that we are able to consider your comments on this IC, we must receive them by January 30, 2017. ADDRESSES: Send your comments on the IC to the Information Collection Clearance Officer, U.S. Fish and Wildlife Service, MS BPHC, 5275 Leesburg Pike, Falls Church, VA 22041– 3803 (mail); or tina_campbell@fws.gov (email). Please include ‘‘1018–PNW’’ in the subject line of your comments. FOR FURTHER INFORMATION CONTACT: To request additional information about this IC, contact Tina Campbell at tina_ campbell@fws.gov (email) or 703–358– 2676 (telephone). SUPPLEMENTARY INFORMATION: SUMMARY: I. Abstract We will collect information on organizations’ approaches to landscape scale conservation; their capacities, priorities, strategies, and approaches to collaboration; what other organizations they have sought advice from, Number of respondents Activity collaborated with, or would like to collaborate with; their organizational type, size, and location; and where in the U.S. Pacific Northwest region they operate. The survey results will provide information about where, how, and with whom organizations working on coastal ecosystem issues focus their efforts, and will be used to facilitate opportunities for improved coordination and collaboration to enhance the collective impact of organizations working to protect and restore the health of U.S. Pacific Northwest coastal watersheds, estuaries, and associated ecosystems, and the communities that value, use, and depend on these resources. II. Data OMB Control Number: 1018–None. Title: Pacific Northwest Coastal Landscape Conservation Design Social Network Survey. Service Form Number: None. Type of Request: New. Description of Respondents: Businesses, nongovernmental organizations, local and county governments, State and tribal governments, Federal agencies, and educational institutions. Respondent’s Obligation: Voluntary. Frequency of Collection: On occasion. Number of responses Completion time per response (minutes) Total annual burden hours Survey .............................................................................................................. 200 180 30 90 Totals ........................................................................................................ 200 180 30 90 asabaliauskas on DSK3SPTVN1PROD with NOTICES Estimated Annual Nonhour Burden Cost: None. III. Comments We invite comments concerning this information collection on: • Whether or not the collection of information is necessary, including whether or not the information will have practical utility; • The accuracy of our estimate of the burden for this collection of information; • Ways to enhance the quality, utility, and clarity of the information to be collected; and VerDate Sep<11>2014 17:48 Nov 28, 2016 Jkt 241001 • Ways to minimize the burden of the collection of information on respondents. Comments that you submit in response to this notice are a matter of public record. We will include or summarize each comment in our request to OMB to approve this IC. Before including your address, phone number, email address, or other personal identifying information in your comment, you should be aware that your entire comment, including your personal identifying information, may be made publicly available at any time. PO 00000 Frm 00080 Fmt 4703 Sfmt 9990 While you can ask us in your comment to withhold your personal identifying information from public review, we cannot guarantee that we will be able to do so. Dated: November 22, 2016. Tina A. Campbell, Chief, Division of Policy, Performance, and Management Programs, U.S. Fish and Wildlife Service. [FR Doc. 2016–28648 Filed 11–28–16; 8:45 am] BILLING CODE 4333–15–P E:\FR\FM\29NON1.SGM 29NON1

Agencies

[Federal Register Volume 81, Number 229 (Tuesday, November 29, 2016)]
[Notices]
[Pages 85997-85999]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-28756]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5913-C-34]


60-Day Notice of Proposed Information Collection: FHA Single 
Family Model Mortgage Documents

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

ACTION: Correction; notice.

-----------------------------------------------------------------------

SUMMARY: This notice corrects the document HUD published at 81 FR 
84608, November 23, 2016. HUD is amending both paragraphs on page 4. 
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: January 30, 2017.

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 
Colette.Pollard@hud.gov 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: Kevin Stevens, 451 7th Street SW., 
Washington, DC 20410; email KevinL.Stevens@hud.gov; or telephone 202-
402-2673. 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.

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: FHA Single Family Model Mortgage 
Documents.
    OMB Approval Number: 2502--New.
    Type of Request: Approval of a new collection of information.
    Form Number: N/A.
    Description of the need for the information and proposed use:
    This notice advises of FHA's review and proposed revisions to the 
Single Family Model Forward Mortgage document. Similar to FHA's review 
of its multifamily mortgage transactional documents, healthcare 
facilities transactional documents, and hospital transactional 
documents, FHA is reviewing its Single Family mortgage transactional 
documents to determine where revisions and updates may be needed. This 
notice presents one document that FHA has identified for

[[Page 85998]]

review and update, and additional documents may be the subject of 
future notices for comment.

Proposed Changes to the Model Forward Mortgage Document

    The following describes the changes proposed to be made to the 
Single Family Model Forward Mortgage document, which can be found, with 
the proposed changes to the document's terms highlighted, at HUD's Web 
site at https://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/SFH_policy_drafts.

Forward Mortgage

    The majority of the proposed changes are conforming or technical in 
nature (e.g., correction of internal references and typographical 
errors). Included in this category is the proposed change to Section 
19. As provided in FHA's Instructions for Model Mortgages (located at 
https://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/model_documents) the FHA Model Forward Mortgage document is based 
largely on the Federal Home Loan Mortgage Corporation and Federal 
National Mortgage Association (the ``Government Sponsored Enterprises'' 
or ``GSEs'') security instrument covenants, with certain FHA-specific 
revisions. When incorporating the GSE covenants into the Model Forward 
Mortgage document, the second paragraph of Section 19 was 
unintentionally omitted, but reference to that paragraph was retained 
in the section heading, resulting in an apparent internal discrepancy 
in the Model Forward Mortgage. Because the omission of this paragraph 
was not identified as an FHA-Specific Modification (as that term is 
used in the Instructions for Model Mortgages), mortgagees have been 
free to adopt the analogous GSE covenant provision to resolve this 
discrepancy. Therefore, although the proposed change to Section 19 
appear substantive, it should bring the Model Forward Mortgage into 
closer conformity with current FHA-insured mortgages and industry 
standard.
    In addition to these technical changes, FHA is proposing one set of 
substantive changes to the Model Forward Mortgage, reflected in the 
judicial and non-judicial versions of Section 22 (hereinafter 
``Sections 22'') and Section 20. Prior to the September, 2014 
publication of the current Model Forward Mortgage, the former Model 
Forward Mortgage contained the following provision: ``[i]n many 
circumstances regulations issued by the Secretary will limit Lender 
rights, in the case of payment defaults, to require immediate payment 
in full and foreclose if not paid. This Security Instrument does not 
authorize acceleration or foreclosure if not permitted by regulations 
of the Secretary.'' (hereinafter ``Paragraph 9(d)''). Because Paragraph 
9(d) is not necessarily entailed by FHA regulatory or statutory 
authority, its omission was a natural consequence of the adoption of 
the GSE security instrument covenants. Mortgagees are obliged to 
fulfill their contractual and regulatory obligations to the Department, 
including commencing foreclosure upon satisfaction of certain 
regulatory preconditions, regardless of whether certain of those 
obligations are recited in or incorporated by reference into a separate 
mortgage contract with a borrower.
    Since publication of the current FHA Model Forward Mortgage, 
however, FHA has been informed that Paragraph 9(d) has been viewed by 
borrowers as providing certain defenses to foreclosure actions, and 
has, on occasion, been successfully used to assert such defenses under 
circumstances where mortgagees allegedly fail to satisfy certain 
preconditions to foreclosure reflected in the Department's regulations. 
The Department's regulations form the contract of mortgage insurance 
between FHA and the mortgagee, which has always been regarded as 
separate and distinct from the private mortgage contract between 
mortgagee and borrower. However, the Department also acknowledges the 
incidental benefits of incentivizing mortgagee compliance with FHA 
requirements by incorporation of a similar, separate contractual right 
in the private mortgage contract between the mortgagee and borrower. 
The reintroduction of language in the proposed change to Sections 22 
similar to that contained in the previous Paragraph 9(d) may serve to 
again further this goal.
    The Department is also proposing a revision to Section 20, which 
generally provides that the borrower is not a third-party beneficiary 
to the contract of mortgage insurance between the lender and FHA. 
Legally, FHA borrowers have never been deemed third-party beneficiaries 
of the mortgage insurance contract between FHA and the mortgagee, and 
therefore, have had no authority to enforce any provisions thereof. 
However, as reflected in the proposed changes to Sections 22, the 
borrower and lender will enjoy contractual rights and obligations under 
the private mortgage contract that happen to mirror elements of the 
mortgage insurance contract because they both separately rely on HUD's 
regulations. By asserting rights under the private mortgage contract, 
even those that incorporate elements of the regulations forming the 
mortgage insurance contract, borrowers would not be enforcing the 
contract of mortgage insurance and FHA regulations as such, but rather 
enforcing the private contractual terms incorporated into the mortgage 
contract that mirror those regulations.
    While aiming to clearly delineate the lines between the private 
mortgage contract and the contract of mortgage insurance through the 
language contained in Section 20, the Department does not wish to cause 
any confusion concerning the borrower's ability to enforce his or her 
rights that have been granted through the incorporation of certain 
regulatory provisions. Therefore, for clarity, the Department is 
proposing a revision to Section 20 that eliminates any confusion 
regarding the borrower's ability to assert rights under the private 
mortgage contract with the mortgagee as provided in the proposed 
changes to Section 22. The proposed revision to Section 20 does not 
jeopardize the settled fact that borrowers are not third-party 
beneficiaries of the mortgage insurance contract and do not have the 
authority to enforce any provisions thereof. This is a consequence of 
well-established legal principals governing contractual relationships 
and privity, which will remain unchanged notwithstanding the proposed 
revision. HUD expects, therefore, that the proposed change renders 
Section 20 more apparently consistent with the proposed changes to 
Sections 22, but does not intend to create third-party rights under the 
mortgage insurance contract.
    The following information regarding respondents and number of 
responses is based on information related to the actual legal mortgage 
document, not the model mortgage document.
    Affected Respondents: Businesses or other for-profit.
    Estimated Number of Respondents: 2,535.
    Estimated Number of Responses: 164,447.
    Frequency of Response: On Occasion.
    Average Hours per Response: .05.
    Total Estimated Burdens: 822 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

[[Page 85999]]

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: November 23, 2016.
Janet M. Golrick,
Associate General Deputy Assistant, Secretary for Housing Associate 
Deputy Federal Housing Commissioner.
[FR Doc. 2016-28756 Filed 11-28-16; 8:45 am]
 BILLING CODE 4210-67-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.