Ginnie Mae Multiclass Securities Program Documents (Forms and Electronic Data Submissions); Notice of Proposed Information Collection: Comment Request, 41460-41462 [06-6384]

Download as PDF 41460 Federal Register / Vol. 71, No. 140 / Friday, July 21, 2006 / Notices Dated: July 18, 2006. R.T. Hewitt, Rear Admiral, U.S. Coast Guard, Assistant Commandant for Command, Control, Communications, Computers and Information Technology. [FR Doc. E6–11628 Filed 7–20–06; 8:45 am] BILLING CODE 4910–15–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5040–N–01] Ginnie Mae Multiclass Securities Program Documents (Forms and Electronic Data Submissions); Notice of Proposed Information Collection: Comment Request Office of the President of Government National Mortgage Association (Ginnie Mae), HUD. ACTION: Notice. AGENCY: 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. The Department is soliciting public comments on the subject proposal. DATES: Comments Due Date: September 19, 2006. 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: Lillian Deitzer, QDAM, Information Reports Management Officer, Department of Housing and Urban Development, 451 7th Street, SW., L’Enfant Plaza Building, Room 800a, Washington, DC 20410; e-mail Lillian_L._Deitzer@hud.gov; telephone (202) 708–2374. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Deitzer. FOR FURTHER INFORMATION CONTACT: Debra Murphy, Ginnie Mae, 451 7th Street, SW., Room B–133, Washington, DC 20410; e-mail: Debra_L._Murphy@hud.gov; telephone (202) 475–4923 (this is not a toll-free number); fax: 202–485–0225 or the Ginnie Mae Web site at https:// www.ginniemae.gov for other available information. The Department will submit 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 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: Ginnie Mae Multiclass Securities Program Documents (Forms and Electronic Data Submissions). OMB Control Number, if applicable: 2503–0017. Description of the need for the information and proposed use: This information collection is required in connection with the operation of the Ginnie Mae Multiclass Securities program. Ginnie Mae’s authority to guarantee multiclass instruments is contained in 306(g)(1) of the National Housing Act (‘‘NHA’’) (12 U.S.C. 1721(g)(1)), which authorizes Ginnie Mae to guarantee ‘‘securities * * * based on or backed by a trust or pool composed of mortgages. * * *’’ Multiclass securities are backed by Ginnie Mae securities, which are backed SUPPLEMENTARY INFORMATION: by government insured or guaranteed mortgages. Ginnie Mae’s authority to operate a Multiclass Securities program is recognized in Section 3004 of the Omnibus Budget Reconciliation Act of 1993 (‘‘OBRA’’), which amended 306(g)(3) of the NHA (12 U.S.C. 1271(g)(3)) to provide Ginnie Mae with greater flexibility for the Multiclass Securities program regarding fee structure, contracting, industry consultation, and program implementation. Congress annually sets Ginnie Mae’s commitment authority to guarantee mortgage-backed (‘‘MBS’’) pursuant to 306(G)(2) of the NHA (12 U.S.C. 1271(g)(2)). Since the multiclass are backed by Ginnie Mae Single Class MBS, Ginnie Mae has already guaranteed the collateral for the multiclass instruments. The Ginnie Mae Multiclass Securities Program consists of Ginnie Mae Real Estate Mortgage Investment Conduit (‘‘REMIC’’) securities, Stripped Mortgage-Backed Securities (‘‘SMBS’’), and Platinum securities. The Multiclass Securities program provides an important adjunct to Ginnie Mae’s secondary mortgage market activities, allowing the private sector to combine and restructure cash flows Ginnie Mae Single Class MBS into securities that meet unique investor requirements in connection with yield, maturity, and call-option protection. The intent of the Mutliclass Securities program is to increase liquidity in the secondary mortgage market and to attract new sources of capital for federally insured or guaranteed loans. Under this program, Ginnie Mae guarantees, with the full faith and credit of the United States, the timely payment of principal and interest on Ginnie Mae REMIC, SMBS and Platinum securities. Agency form numbers, if applicable: Not applicable. Members of affected public: For-profit business (mortgage companies, thrifts, savings & loans, etc.). Estimation of the total number of hours needed to prepare the information collection including number of respondents, frequency of response, and hours of response: REMIC SECURITIES rwilkins on PROD1PC63 with NOTICES_1 Type of information collection Pricing Letter ..................... Structured Term Sheet ..... Trust (REMIC) Agreement Trust Opinion .................... MX Trust Agreement ........ VerDate Aug<31>2005 Sponsor Sponsor Attorney Attorney Attorney 17:59 Jul 20, 2006 ............................ ............................ for Sponsor ........ for Sponsor ........ for Sponsor ........ Jkt 208001 PO 00000 Estimated annual frequency per respondent Number of potential sponsors Prepared by Frm 00046 19 19 19 19 19 Fmt 4703 Sfmt 4703 Total annual responses 8 8 8 8 8 E:\FR\FM\21JYN1.SGM 152 152 152 152 152 21JYN1 Est. average hrly burden 0.5 3 1 4 0.16 Est. annual burden hrs 76 456 152 608 24.32 41461 Federal Register / Vol. 71, No. 140 / Friday, July 21, 2006 / Notices REMIC SECURITIES—Continued Type of information collection MX Trust Opinion .............. RR Certificate ................... Sponsor Agreement .......... Table of Contents ............. Issuance Statement .......... Tax Opinion ...................... Transfer Affidavit ............... Supplemental Statement .. Final Data Statements (attached to closing letter). Accountants’ Closing Letter. Accountants’ OSC Letter .. Structuring Data ................ Financial Statements ........ Principal and Interest Factor File Specifications. Distribution Dates and Statement. Term Sheet ....................... New Issue File Layout ...... Flow of Funds ................... Trustee Receipt ................ Data Verification Form ...... Total ........................... Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney for for for for for for for for for Sponsor Sponsor Sponsor Sponsor Sponsor Sponsor Sponsor Sponsor Sponsor Estimated annual frequency per respondent Number of potential sponsors Prepared by Total annual responses Est. average hrly burden 4 0.08 0.05 0.33 0.5 4 0.08 1 32 Est. annual burden hrs ........ ........ ........ ........ ........ ........ ........ ........ ........ 19 19 19 19 19 19 19 19 19 8 8 8 8 8 8 8 8 8 152 152 152 152 152 152 152 152 152 608 12.16 7.6 50.16 76 608 12.16 152 4864 Accountant ........................ 19 8 152 8 1216 Accountant ........................ Accountant ........................ Accountant ........................ Trustee ............................. 19 19 19 19 8 8 8 8 152 152 160 152 8 8 1 16 1216 1216 160 2432 Trustee ............................. 19 8 152 0.42 63.84 Sponsor ............................ Trustee ............................. Attorney for Trustee .......... Trustee Attorney ............... Trustee ............................. 19 19 19 19 19 8 8 8 8 8 152 152 152 152 152 2 4 0.16 2 0.08 304 608 24.32 304 12.16 ........................................... ........................ ........................ 3808 .......................... 15262.72 SMBS SECURITIES rwilkins on PROD1PC63 with NOTICES_1 Type of information collection Pricing Letter ..................... Strucutred Term Sheet ..... Trust (REMIC) Agreement Trust Opinion .................... MX Trust Agreement ........ MX Trust Opinion .............. RR Certificate ................... Sponsor Agreement .......... Table of Contents ............. Issuance Statement .......... Tax Opinion ...................... Transfer Affidavit ............... Supplemental Statement .. Final Data Statements (attached to closing letter). Accountants’ Closing Letter. Accountants’ OSC Letter .. Structuring Data ................ Financial Statements ........ Principal and Interest Factor File Specifications. Distribution Dates and Statement. Term Sheet ....................... New Issue File Layout ...... Flow of Funds ................... Trustee Receipt ................ Data Verification Form ...... Total ........................... VerDate Aug<31>2005 Sponsor Sponsor Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Attorney Estimated annual frequency per respondent No. of potential sponsors (Prepared by) Total annual responses Est. average hrly burden ............................ ............................ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ for Sponsor ........ 19 19 19 19 19 19 19 19 19 19 19 19 19 19 1 1 1 1 1 1 1 1 1 1 1 1 1 1 19 19 19 19 19 19 19 19 19 19 19 19 19 19 Accountant ........................ 19 1 19 8 152 Accountant ........................ Accountant ........................ Accountant ........................ Trustee ............................. 19 19 19 19 1 1 1 1 19 19 160 19 8 8 1 16 152 152 160 304 Trustee ............................. 19 1 19 0.42 7.98 Sponsor ............................ Trustee ............................. Attorney for Trustee .......... Trustee Attorney ............... Trustee ............................. 19 19 19 19 19 1 1 1 1 1 19 19 19 19 19 2 4 0.16 2 0.08 38 76 3.04 38 1.52 ........................................... ........................ ........................ 616 .......................... 2047.84 17:59 Jul 20, 2006 Jkt 208001 PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 E:\FR\FM\21JYN1.SGM 0.5 3 1 4 0.16 4 0.08 0.05 0.33 0.5 4 0.08 1 32 Est. annual burden hrs 21JYN1 9.5 57 19 76 3.04 76 1.52 0.95 6.27 9.5 76 1.52 19 608 41462 Federal Register / Vol. 71, No. 140 / Friday, July 21, 2006 / Notices PLATINUM SECURITIES Estimated annual frequency per respondent Number of potential sponsors Estimated average hourly burden Estimated annual burden hours 190 190 190 190 1 0.16 4 16 190 30.4 760 3040 10 190 0.08 12.2 ........................ ........................ 950 .......................... 4035.6 ........................ ........................ ........................ .......................... 21346.16 Type of information collection Prepared by Deposit Agreement ..................................... MBS Schedule ............................................ New Issue File Layout ................................ Principal and Interest Factor File Specifications. Data Verification Form ................................ Depositor Depositor Depositor Trustee .... 19 19 19 19 10 10 10 10 Trustee .... 19 Total ..................................................... ................. Total Burden Hours ...................... ................. Calculation of Burden Hours: Sponsors × Frequency per Year = Est. Annual Frequency. Estimated Annual Frequency × Estimated Average Completion Time = Estimated Annual Burden Hours Status of the proposed information collection: Reinstatement, with change, of a previously approved collection. Authority: Section 3506 of the Paperwork Reduction Act of 1995, 44 U.S.C. Chapter 35 as amended. Dated: July 14, 2006. Michael J. Frenz, Executive Vice President, Ginnie Mae. [FR Doc. 06–6384 Filed 7–20–06; 8:45 am] BILLING CODE 4210–67–M DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5041–N–23] Notice of Proposed Information Collection: Comment Request; Debt Resolution Program Office of the Assistant Secretary for Housing-Federal Housing Commissioner, HUD. ACTION: Notice. rwilkins on PROD1PC63 with NOTICES_1 AGENCY: 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. The Department is soliciting public comments on the subject proposal. DATES: Comments Due Date: September 19, 2006. ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB VerDate Aug<31>2005 19:31 Jul 20, 2006 Jkt 208001 Total annual responses Control Number and should be sent to: Lillian Deitzer, Reports Management Officer, Department of Housing and Urban Development, 451 7th Street, SW., L’Enfant Plaza Building, Room 8001, Washington, DC 20410 or Lillian_Deitzer@hud.gov. FOR FURTHER INFORMATION CONTACT: Lester J. West, Director, Albany Financial Operations Center, Department of Housing and Urban Development, telephone (518) 464–4200 extension 4206 (this is not a toll free number) for copies of the proposed forms and other available information. SUPPLEMENTARY INFORMATION: The Department 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: Debt Resolution Program. OMB Control Number, if applicable: 2502–0483. PO 00000 Frm 00048 Fmt 4703 Sfmt 4703 Description of the need for the information and proposed use: HUD is required to collect debt owed to the agency. As part of the collection process, demand for repayment is made on the debtor(s). In response, debtors opt to ignore the debt, pay the debt, or dispute the debt. Disputes and offers to repay result in information collections. Borrowers who wish to pay less than the full amount due must submit a Personal Financial Statement and Settlement Offier. HUD uses the information to analyze debtors’ financial positions and then approve settlements, repayment agreements, and pre-authorized electronic payments to HUD. Borrowers who wish to dispute must provide information to support their position. Agency form numbers, if applicable. HUD–56141, HUD–56142, HUD–56146, HUD–55509, and HUD–92090. 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 estimated total number of hours needed to prepare the information collection is 862, the number of respondents is 850 generating approximately 2,790 annual responses, the frequency of response is on occasion, and the estimated time needed to prepare the response varies from 5 to 30 minutes. Status of the proposed information collection: This is a revision of a currently approved collection. The revision seeks to incorporate additional items, such as a debtor authorizatrion to speak to a third party, requests for copies of cancelled checks, information submitted to dispute a debt, and verbal agreement confirmation letters. Authority: The Paperwork Reduction Act of 1995, 44 U.S.C., Chapter 35, as amended. E:\FR\FM\21JYN1.SGM 21JYN1

Agencies

[Federal Register Volume 71, Number 140 (Friday, July 21, 2006)]
[Notices]
[Pages 41460-41462]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 06-6384]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5040-N-01]


Ginnie Mae Multiclass Securities Program Documents (Forms and 
Electronic Data Submissions); Notice of Proposed Information 
Collection: Comment Request

AGENCY: Office of the President of Government National Mortgage 
Association (Ginnie Mae), HUD.

ACTION: Notice.

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

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. The Department 
is soliciting public comments on the subject proposal.

DATES: Comments Due Date: September 19, 2006.

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: Lillian Deitzer, QDAM, 
Information Reports Management Officer, Department of Housing and Urban 
Development, 451 7th Street, SW., L'Enfant Plaza Building, Room 800a, 
Washington, DC 20410; e-mail Lillian--L.--Deitzer@hud.gov; telephone 
(202) 708-2374. This is not a toll-free number. Copies of available 
documents submitted to OMB may be obtained from Ms. Deitzer.

FOR FURTHER INFORMATION CONTACT: Debra Murphy, Ginnie Mae, 451 7th 
Street, SW., Room B-133, Washington, DC 20410; e-mail: Debra--L.--
Murphy@hud.gov; telephone (202) 475-4923 (this is not a toll-free 
number); fax: 202-485-0225 or the Ginnie Mae Web site at https://
www.ginniemae.gov for other available information.

SUPPLEMENTARY INFORMATION: The Department will submit 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 
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: Ginnie Mae Multiclass Securities Program 
Documents (Forms and Electronic Data Submissions).
    OMB Control Number, if applicable: 2503-0017.
    Description of the need for the information and proposed use: This 
information collection is required in connection with the operation of 
the Ginnie Mae Multiclass Securities program. Ginnie Mae's authority to 
guarantee multiclass instruments is contained in 306(g)(1) of the 
National Housing Act (``NHA'') (12 U.S.C. 1721(g)(1)), which authorizes 
Ginnie Mae to guarantee ``securities * * * based on or backed by a 
trust or pool composed of mortgages. * * *'' Multiclass securities are 
backed by Ginnie Mae securities, which are backed by government insured 
or guaranteed mortgages. Ginnie Mae's authority to operate a Multiclass 
Securities program is recognized in Section 3004 of the Omnibus Budget 
Reconciliation Act of 1993 (``OBRA''), which amended 306(g)(3) of the 
NHA (12 U.S.C. 1271(g)(3)) to provide Ginnie Mae with greater 
flexibility for the Multiclass Securities program regarding fee 
structure, contracting, industry consultation, and program 
implementation. Congress annually sets Ginnie Mae's commitment 
authority to guarantee mortgage-backed (``MBS'') pursuant to 306(G)(2) 
of the NHA (12 U.S.C. 1271(g)(2)). Since the multiclass are backed by 
Ginnie Mae Single Class MBS, Ginnie Mae has already guaranteed the 
collateral for the multiclass instruments.
    The Ginnie Mae Multiclass Securities Program consists of Ginnie Mae 
Real Estate Mortgage Investment Conduit (``REMIC'') securities, 
Stripped Mortgage-Backed Securities (``SMBS''), and Platinum 
securities. The Multiclass Securities program provides an important 
adjunct to Ginnie Mae's secondary mortgage market activities, allowing 
the private sector to combine and restructure cash flows Ginnie Mae 
Single Class MBS into securities that meet unique investor requirements 
in connection with yield, maturity, and call-option protection. The 
intent of the Mutliclass Securities program is to increase liquidity in 
the secondary mortgage market and to attract new sources of capital for 
federally insured or guaranteed loans. Under this program, Ginnie Mae 
guarantees, with the full faith and credit of the United States, the 
timely payment of principal and interest on Ginnie Mae REMIC, SMBS and 
Platinum securities.
    Agency form numbers, if applicable: Not applicable.
    Members of affected public: For-profit business (mortgage 
companies, thrifts, savings & loans, etc.).
    Estimation of the total number of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:

                                                                    REMIC Securities
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                             Estimated
                                                                             Number of        annual       Total annual    Est. average     Est. annual
      Type of information  collection                Prepared by             potential     frequency per     responses      hrly burden     burden hrs
                                                                             sponsors       respondent
--------------------------------------------------------------------------------------------------------------------------------------------------------
Pricing Letter............................  Sponsor.....................              19               8             152            0.5            76
Structured Term Sheet.....................  Sponsor.....................              19               8             152            3             456
Trust (REMIC) Agreement...................  Attorney for Sponsor........              19               8             152            1             152
Trust Opinion.............................  Attorney for Sponsor........              19               8             152            4             608
MX Trust Agreement........................  Attorney for Sponsor........              19               8             152            0.16           24.32

[[Page 41461]]

 
MX Trust Opinion..........................  Attorney for Sponsor........              19               8             152            4             608
RR Certificate............................  Attorney for Sponsor........              19               8             152            0.08           12.16
Sponsor Agreement.........................  Attorney for Sponsor........              19               8             152            0.05            7.6
Table of Contents.........................  Attorney for Sponsor........              19               8             152            0.33           50.16
Issuance Statement........................  Attorney for Sponsor........              19               8             152            0.5            76
Tax Opinion...............................  Attorney for Sponsor........              19               8             152            4             608
Transfer Affidavit........................  Attorney for Sponsor........              19               8             152            0.08           12.16
Supplemental Statement....................  Attorney for Sponsor........              19               8             152            1             152
Final Data Statements (attached to closing  Attorney for Sponsor........              19               8             152           32            4864
 letter).
Accountants' Closing Letter...............  Accountant..................              19               8             152            8            1216
Accountants' OSC Letter...................  Accountant..................              19               8             152            8            1216
Structuring Data..........................  Accountant..................              19               8             152            8            1216
Financial Statements......................  Accountant..................              19               8             160            1             160
Principal and Interest Factor File          Trustee.....................              19               8             152           16            2432
 Specifications.
Distribution Dates and Statement..........  Trustee.....................              19               8             152            0.42           63.84
Term Sheet................................  Sponsor.....................              19               8             152            2             304
New Issue File Layout.....................  Trustee.....................              19               8             152            4             608
Flow of Funds.............................  Attorney for Trustee........              19               8             152            0.16           24.32
Trustee Receipt...........................  Trustee Attorney............              19               8             152            2             304
Data Verification Form....................  Trustee.....................              19               8             152            0.08           12.16
                                           -------------------------------------------------------------------------------------------------------------
    Total.................................  ............................  ..............  ..............            3808  ..............        15262.72
--------------------------------------------------------------------------------------------------------------------------------------------------------


                                                                     SMBS Securities
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                             Estimated
                                                                              No. of          annual       Total annual    Est. average     Est. annual
      Type of information collection                (Prepared by)            potential     frequency per     responses      hrly burden     burden hrs
                                                                             sponsors       respondent
--------------------------------------------------------------------------------------------------------------------------------------------------------
Pricing Letter............................  Sponsor.....................              19               1              19            0.5             9.5
Strucutred Term Sheet.....................  Sponsor.....................              19               1              19            3              57
Trust (REMIC) Agreement...................  Attorney for Sponsor........              19               1              19            1              19
Trust Opinion.............................  Attorney for Sponsor........              19               1              19            4              76
MX Trust Agreement........................  Attorney for Sponsor........              19               1              19            0.16            3.04
MX Trust Opinion..........................  Attorney for Sponsor........              19               1              19            4              76
RR Certificate............................  Attorney for Sponsor........              19               1              19            0.08            1.52
Sponsor Agreement.........................  Attorney for Sponsor........              19               1              19            0.05            0.95
Table of Contents.........................  Attorney for Sponsor........              19               1              19            0.33            6.27
Issuance Statement........................  Attorney for Sponsor........              19               1              19            0.5             9.5
Tax Opinion...............................  Attorney for Sponsor........              19               1              19            4              76
Transfer Affidavit........................  Attorney for Sponsor........              19               1              19            0.08            1.52
Supplemental Statement....................  Attorney for Sponsor........              19               1              19            1              19
Final Data Statements (attached to closing  Attorney for Sponsor........              19               1              19           32             608
 letter).
Accountants' Closing Letter...............  Accountant..................              19               1              19            8             152
Accountants' OSC Letter...................  Accountant..................              19               1              19            8             152
Structuring Data..........................  Accountant..................              19               1              19            8             152
Financial Statements......................  Accountant..................              19               1             160            1             160
Principal and Interest Factor File          Trustee.....................              19               1              19           16             304
 Specifications.
Distribution Dates and Statement..........  Trustee.....................              19               1              19            0.42            7.98
Term Sheet................................  Sponsor.....................              19               1              19            2              38
New Issue File Layout.....................  Trustee.....................              19               1              19            4              76
Flow of Funds.............................  Attorney for Trustee........              19               1              19            0.16            3.04
Trustee Receipt...........................  Trustee Attorney............              19               1              19            2              38
Data Verification Form....................  Trustee.....................              19               1              19            0.08            1.52
                                                                         -------------------------------------------------------------------------------
    Total.................................  ............................  ..............  ..............             616  ..............         2047.84
--------------------------------------------------------------------------------------------------------------------------------------------------------


[[Page 41462]]


                                                                   Platinum Securities
--------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                                             Estimated
                                                                             Number of        annual       Total annual      Estimated       Estimated
      Type of information collection                 Prepared by             potential     frequency per     responses    average hourly   annual burden
                                                                             sponsors       respondent                        burden           hours
--------------------------------------------------------------------------------------------------------------------------------------------------------
Deposit Agreement.........................  Depositor...................              19              10             190            1             190
MBS Schedule..............................  Depositor...................              19              10             190            0.16           30.4
New Issue File Layout.....................  Depositor...................              19              10             190            4             760
Principal and Interest Factor File          Trustee.....................              19              10             190           16            3040
 Specifications.
Data Verification Form....................  Trustee.....................              19              10             190            0.08           12.2
                                           -------------------------------------------------------------------------------------------------------------
    Total.................................  ............................  ..............  ..............             950  ..............         4035.6
                                           =============================================================================================================
        Total Burden Hours................  ............................  ..............  ..............  ..............  ..............        21346.16
--------------------------------------------------------------------------------------------------------------------------------------------------------

    Calculation of Burden Hours:
    Sponsors x Frequency per Year = Est. Annual Frequency.
    Estimated Annual Frequency x Estimated Average Completion Time = 
Estimated Annual Burden Hours
    Status of the proposed information collection: Reinstatement, with 
change, of a previously approved collection.

    Authority: Section 3506 of the Paperwork Reduction Act of 1995, 
44 U.S.C. Chapter 35 as amended.

    Dated: July 14, 2006.
Michael J. Frenz,
Executive Vice President, Ginnie Mae.
[FR Doc. 06-6384 Filed 7-20-06; 8:45 am]
BILLING CODE 4210-67-M
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