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[Federal Register: November 21, 2008 (Volume 73, Number 226)]
[Notices]               
[Page 70666-70667]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr21no08-72]                         

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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5187-N-62]

 
Loss Mitigation Evaluation

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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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.
    Mortgagees servicing HUD insured mortgages are required to document 
all loss mitigation efforts for delinquent loans and to submit the 
documentation to HUD if requested.

DATES: Comments Due Date: December 22, 2008.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2502-0523) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-6974.

FOR FURTHER INFORMATION CONTACT: Lillian Deitzer, Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street, SW., Washington, DC 20410; e-mail Lillian Deitzer at Lillian_
L._Deitzer@HUD.gov or telephone (202) 402-8048. This is not a toll-
free number. Copies of available documents submitted to OMB may be 
obtained from Ms. Deitzer.

SUPPLEMENTARY INFORMATION: This notice informs the public that 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 from members of the public and 
affecting 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.

This Notice Also Lists the Following Information

    Title of Proposal: Loss Mitigation Evaluation.
    OMB Approval Number: 2502-0523.
    Form Numbers: None.
    Description of the Need for the Information and its Proposed Use: 
Mortgagees servicing HUD insured mortgages are required to document all 
loss mitigation efforts for delinquent loans and to submit the 
documentation to HUD if requested.
    Frequency of Submission: On occasion, Monthly.

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                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =   Burden  hours
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Reporting Burden....................             600              778   ..           0.250   ..         116,784
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[[Page 70667]]

    Total Estimated Burden Hours: 116,784.
    Status: Extension of a currently approved collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: November 13, 2008.
Lillian L. Deitzer,
Departmental Paperwork Reduction Act Officer, Office of the Chief 
Information Officer.
[FR Doc. E8-27678 Filed 11-20-08; 8:45 am]

BILLING CODE 4210-67-P