Notice of Proposed Information Collection: Comment Request; Single Family Premium Collection Subsystem-Upfront (SFPCS-U), 64096 [E9-29092]

Agencies

• DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Federal Register Volume 74, Number 233 (Monday, December 7, 2009)]
[Notices]
[Page 64096]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E9-29092]



[[Page 64096]]

=======================================================================
-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5285-N-38]


Notice of Proposed Information Collection: Comment Request; 
Single Family Premium Collection Subsystem--Upfront (SFPCS-U)

AGENCY: Office of the Assistant Secretary for Housing, 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: February 5, 2010.

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, Departmental 
Reports Management Officer, QDAM, Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410; e-mail 
Lillian_L._Deitzer@HUD.gov or telephone (202) 402-8048.

FOR FURTHER INFORMATION CONTACT: Sonja Y. Sharpe, Branch Chief, Single 
Family Insurance Operations Branch, Department of Housing and Urban 
Development, 451 7th Street, SW., Washington, DC 20410, telephone (202) 
402-3391 (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: Single Family Premium Collection Subsystem--
Upfront (SFPCS-U).
    OMB Control Number, if applicable: 2502-0423.
    The Single Family Premium Collection Subsystem--Upfront (SFPCS-U) 
allows the lenders to remit the Upfront Mortgage Insurance Premiums 
using funds obtained from the mortgagor during the closing of the 
mortgage transaction at settlement.
    The SFPCS-U strengthens HUD's ability to manage and process upfront 
single-family mortgage insurance premium collections and corrections. 
It also improves data integrity for the Single Family Mortgage 
Insurance Program. Therefore, the FHA approved lenders transmit UPMIP 
payment case detail directly to HUD and this information is remitted by 
HUD to the Department of the Treasury's Pay.gov Automated Clearing 
House (ACH) applications. The case-level payment information sent to 
HUD is updated on the Single Family Premium Collection Subsystem--
Upfront (SFPCS). The authority for this collection of information is 
specified in 24 CFR 203.280 and 24 CFR 203.281. The collection of 
information is also used in calculating refunds due to former FHA 
mortgagors when they apply for homeowner refunds of the unearned 
portion of the mortgage insurance premium, 24 CFR 203.283, as 
appropriate. Without this information the premium collection/monitoring 
process would be severely impeded, and program data would be 
unreliable. In general, the lenders use the ACH applications to remit 
the upfront premium through SFPCS-U to obtain mortgage insurance for 
the homeowner.
    Agency form numbers, if applicable:
    Estimation of the total numbers of hours needed to prepare the 
information collection including number of respondents, frequency of 
response, and hours of response:
    Hourly rate is based on an estimate of the annual salary of lender 
clerical staff at $33,280. The number of annual burden hours is 7,229. 
The number of respondents is 4,016, the number of responses is 48,192, 
the frequency of response is monthly, and the estimated burden time 
response is approximated 15 minutes.
    Status of the proposed information collection: Extension of a 
currently approved collection.

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

    Dated: December 1, 2009.
Ronald Y. Spraker,
Acting General Deputy Assistant Secretary for Housing-Federal Housing 
Commissioner.
[FR Doc. E9-29092 Filed 12-4-09; 8:45 am]
BILLING CODE 4210-67-P