Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily Mortgages to the Secretary, 46447-46448 [E9-21730]

Download as PDF 46447 Federal Register / Vol. 74, No. 173 / Wednesday, September 9, 2009 / Notices FOR FURTHER INFORMATION CONTACT: Lillian Deitzer, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410; email 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: Notice of Application for Designation as a Single Family Foreclosure Commissioner OMB Approval Number: 2510–0012 Form Numbers: None. Description of the Need for the Information and its Proposed Use: Under the Single Family Mortgage Foreclosure Act of 1994, HUD may exercise a nonjudicial power of sale of single-family HUD-held mortgages and may appoint foreclosure commissioners to do this. HUD needs the notice and resulting applications for compliance with the Act’s requirements that commissioners be qualified. Most respondents will be attorneys, but anyone may apply. Frequency of Submission: On occasion. Number of respondents Annual responses 30 1 Reporting Burden .............................................................................. Total Estimated Burden Hours: 15. 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: September 3, 2009. Lillian Deitzer, Departmental Reports Management Officer, Office of the Chief Information Officer. [FR Doc. E9–21703 Filed 9–8–09; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5281–N–65] Legal Instructions Concerning Applications for Full Insurance Benefits-Assignment of Multifamily Mortgages to the Secretary cprice-sewell on DSK2BSOYB1PROD with NOTICES AGENCY: Office of the Chief Information Officer, HUD. ACTION: Notice. 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 of HUD-insured multifamily loans may receive mortgage insurance benefits upon assignment of VerDate Nov<24>2008 15:47 Sep 08, 2009 Jkt 217001 mortgages to HUD. In connection with the assignment, legal documents (e.g. mortgage, mortgage note, security agreement, title insurance policy) must be submitted to the Department. DATES: Comments Due Date: October 9, 2009. ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval Number (2510–0006) and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: 202–395–5806. FOR FURTHER INFORMATION CONTACT: Lillian Deitzer, Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street, SW., Washington, DC 20410; email 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 PO 00000 Frm 00041 Fmt 4703 Sfmt 4703 × Hours per response 0.50 = Burden hours 15 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: Legal Instructions Concerning Applications for Full Insurance Benefits—Assignment of Multifamily Mortgages to the Secretary. OMB Approval Number: 2510–0006. Form Numbers: None. Description of the Need for the Information and Its Proposed Use: Mortgagees of HUD-insured multifamily loans may receive mortgage insurance benefits upon assignment of mortgages to HUD. In connection with the assignment, legal documents (e.g. mortgage, mortgage note, security agreement, title insurance policy) must be submitted to the Department. Frequency of Submission: On occasion. E:\FR\FM\09SEN1.SGM 09SEN1 46448 Federal Register / Vol. 74, No. 173 / Wednesday, September 9, 2009 / Notices Number Of respondents Reporting burden .................................................................. Total Estimated Burden Hours: 3,328. 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: September 2, 2009. Lillian Deitzer, Departmental Reports Management Officer, Office of the Chief Information Officer. [FR Doc. E9–21730 Filed 9–8–09; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF THE INTERIOR Minerals Management Service [Docket No. MMS–2009–OMM–0004] MMS Information Collection Activity: 1010–0071, Relief or Reduction in Royalty Rates, Extension of a Collection; Submitted for Office of Management and Budget (OMB) Review; Comment Request AGENCY: Minerals Management Service (MMS), Interior. ACTION: Notice of extension of an information collection (1010–0071). SUMMARY: To comply with the Paperwork Reduction Act of 1995 (PRA), we are notifying the public that we have submitted to OMB an information collection request (ICR) to renew approval of the paperwork requirements in the regulations under 30 CFR 203, Relief or Reduction in Royalty Rates, and related documents. This notice also provides the public a second opportunity to comment on the paperwork burden of these regulatory requirements. Submit written comments by October 9, 2009. ADDRESSES: You should submit comments directly to the Office of Information and Regulatory Affairs, OMB, Attention: Desk Officer for the Department of the Interior (1010–0071), either by fax (202) 395–5806 or e-mail (OIRA_DOCKET@omb.eop.gov). Please also send a copy to MMS by either of the following methods: • Electronically: Go to http:// www.regulations.gov. Under the tab More Search Options, click Advanced Docket Search, then select Minerals Management Service from the agency drop-down menu, then click submit. In cprice-sewell on DSK2BSOYB1PROD with NOTICES DATE: VerDate Nov<24>2008 15:47 Sep 08, 2009 Jkt 217001 128 Annual responses x 1 the Docket ID column, select MMS– 2009–OMM–0004 to submit public comments and to view supporting and related materials available. Information on using Regulations.gov, including instructions for accessing documents, submitting comments, and viewing the docket after the close of the comment period, is available through the site’s User Tips link. The MMS will post all comments. • Mail or hand-carry comments to the Department of the Interior; Minerals Management Service; Attention: Cheryl Blundon; 381 Elden Street, MS–4024; Herndon, Virginia 20170–4817. Please reference Information Collection 1010– 0071 in your subject line and include your name and address. FOR FURTHER INFORMATION CONTACT: Cheryl Blundon, Regulations and Standards Branch, (703) 787–1607. You may also contact Cheryl Blundon to obtain a copy, at no cost, of the regulation that requires the subject collection of information. SUPPLEMENTARY INFORMATION: Title: 30 CFR 203, Relief or Reduction in Royalty Rates. OMB Control Number: 1010–0071. Abstract: The Outer Continental Shelf (OCS) Lands Act, as amended by Public Law 104–58, Deep Water Royalty Relief Act (DWRRA), gives the Secretary of the Interior (Secretary) the authority to reduce or eliminate royalty or any net profit share specified in OCS oil and gas leases to promote increased production. The DWRRA also authorized the Secretary to suspend royalties when necessary to promote development or recovery of marginal resources on producing or non-producing leases in the Gulf of Mexico (GOM) west of 87 degrees, 30 minutes West longitude. Section 302 of the DWRRA provides that new production from a lease in existence on November 28, 1995, in a water depth of at least 200 meters, and in the GOM west of 87 degrees, 30 minutes West longitude qualifies for royalty suspension in certain situations. To grant a royalty suspension, the Secretary must determine that the new production or development would not be economic in the absence of royalty relief. The Secretary must then determine the volume of production on which no royalty would be due in order to make the new production from the lease economically viable. This determination is done on a case-by-case PO 00000 Frm 00042 Fmt 4703 Sfmt 4703 Hours Per response ...... 26 = ...... Burden Hours 3,328 basis. Production from leases in the same water depth and area issued after November 28, 2000, also can qualify for royalty suspension in addition to any that may be included in their lease terms. In addition, Federal policy and statute require us to recover the cost of services that confer special benefits to identifiable non-Federal recipients. The Independent Offices Appropriation Act (31 U.S.C. 9701), Office of Management and Budget (OMB) Circular A–25, and the Omnibus Appropriations Bill (Pub. L. 104–133 110 Stat. 1321, April 26, 1996) authorize the Minerals Management Service (MMS) to collect these fees to reimburse us for the cost to process applications or assessments. Regulations at 30 CFR part 203 implement these statutes and policy and require respondents to pay a fee to request royalty relief. Section 203.3 states that, ‘‘We will specify the necessary fees for each of the types of royalty-relief applications and possible MMS audits in a Notice to Lessees. We will periodically update the fees to reflect changes in costs as well as provide other information necessary to administer royalty relief.’’ The MMS uses the information to make decisions on the economic viability of leases requesting a suspension or elimination of royalty or net profit share. These decisions have enormous monetary impacts to both the lessee and the Federal Government. Royalty relief can lead to increased production of natural gas and oil, creating profits for lessees and royalty and tax revenues for the government that they might not otherwise receive. We could not make an informed decision without the collection of information required by 30 CFR part 203. Regulations implementing these responsibilities are under 30 CFR part 203. Responses are mandatory or are required to obtain or retain a benefit. No questions of a sensitive nature are asked. The MMS protects information considered proprietary according to 30 CFR parts 203.63 and 250, and the Freedom of Information Act (5 U.S.C. 552) and its implementing regulations (43 CFR part 2). Frequency: On occasion. Description of Respondents: Potential respondents comprise Federal OCS oil and gas lessees and/or operators. It should be noted that not all of the E:\FR\FM\09SEN1.SGM 09SEN1

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[Federal Register Volume 74, Number 173 (Wednesday, September 9, 2009)]
[Notices]
[Pages 46447-46448]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-21730]


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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5281-N-65]


Legal Instructions Concerning Applications for Full Insurance 
Benefits-Assignment of Multifamily Mortgages to the Secretary

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

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

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 of HUD-insured multi-family loans may receive mortgage 
insurance benefits upon assignment of mortgages to HUD. In connection 
with the assignment, legal documents (e.g. mortgage, mortgage note, 
security agreement, title insurance policy) must be submitted to the 
Department.

DATES: Comments Due Date: October 9, 2009.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2510-0006) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-5806.

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: Legal Instructions Concerning Applications for 
Full Insurance Benefits--Assignment of Multifamily Mortgages to the 
Secretary.
    OMB Approval Number: 2510-0006.
    Form Numbers: None.
    Description of the Need for the Information and Its Proposed Use: 
Mortgagees of HUD-insured multi-family loans may receive mortgage 
insurance benefits upon assignment of mortgages to HUD. In connection 
with the assignment, legal documents (e.g. mortgage, mortgage note, 
security agreement, title insurance policy) must be submitted to the 
Department.
    Frequency of Submission: On occasion.

[[Page 46448]]



----------------------------------------------------------------------------------------------------------------
                                       Number Of          Annual              Hours Per
                                      respondents       responses      x       response      =     Burden Hours
----------------------------------------------------------------------------------------------------------------
Reporting burden..................             128                1   ...              26   ...           3,328
----------------------------------------------------------------------------------------------------------------

    Total Estimated Burden Hours: 3,328.
    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: September 2, 2009.
Lillian Deitzer,
Departmental Reports Management Officer, Office of the Chief 
Information Officer.
[FR Doc. E9-21730 Filed 9-8-09; 8:45 am]
BILLING CODE 4210-67-P