Cooperative Share Loan Insurance, 9246-9247 [2010-4155]
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9246
Federal Register / Vol. 75, No. 39 / Monday, March 1, 2010 / Notices
needed to assist HUD in determining the
Owner’s eligibility and capacity to
finalize the development of a housing
project under the Section 202 and
Section 811 Capital Advance Programs.
A thorough evaluation of an Owner’s
capabilities is critical to protect the
Government’s financial interest and to
mitigate any possibility of fraud, waste
and mismanagement of public funds.
Agency form numbers, if applicable:
HUD–: 2328; 2530; 2554; 2880; 935.2;
9832; 9839–A; 9839–B; 9839–C; 51994;
90163–CA; 90163.1–CA; 90164–CA;
90165–CA; 90167–CA; 90169–CA;
90169.a–CA; 90170–CA; 90171–CA;
90172–A–CA; 90172–B–CA; 90173–A–
CA; 90173–B–CA; 90173–C–CA; 90175–
CA; 90175.1–CA; 90176–CA; 90177–CA;
90178–CA; 91732–A–CA; 92013; 92013–
SUPP; 92264; 92330; 92330–A; 92329;
92331; 92403.1; 92403–CA; 92433–CA;
92434–CA; 92435–CA; 92437; 92442;
92442–A–CA; 92443–CA; 92448; 92450–
CA; 92452–A; 92452–A–CA; 92457;
92458; 92464; 92466–CA; 92466.1–CA;
92476–A; 92476–A–CA; 92485; 92580;
93432–CA; 93479; 93480; 93481; 93566–
CA; 93566.1–CA; 27054; 50080–CAH;
SF–269; SF–1199; SF–LL; and FM–
1006.
Estimation of the total number of
hours needed to prepare the information
collection including number of
respondents, frequency of response, and
hours of response:
The number of burden hours is 8,973.
The number of respondents is 260, the
number of responses is 9,079, the
frequency of response is on occasion,
and the burden hour per response is 60.
Status of the proposed information
collection: Extension of currently
approved collection
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C., Chapter 35, as amended.
Dated: February 23, 2010.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary
for Housing.
[FR Doc. 2010–4145 Filed 2–26–10; 8:45 am]
BILLING CODE 4210–27–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5376–N–14]
mstockstill on DSKH9S0YB1PROD with NOTICES
Cooperative Share Loan Insurance
AGENCY: Office of the Chief Information
Officer, HUD.
ACTION: Notice.
VerDate Nov<24>2008
16:46 Feb 26, 2010
Jkt 220001
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.
New guidance for cooperative housing
loan insurance will be published to
update existing policies, and better
enable mortgagees to submit cooperative
share loans for FHA insurance. This
new publication will provide
instructions to lenders to ensure
compliance with project requirements,
origination, servicing, and claims. The
guidance includes matters concerning
forward and reverse (HECM) mortgages,
as well as compatible insurance
programs. Mortgagees must collect
documents and information about the
cooperative corporation and housing
project, which are needed to evaluate
the share loans’ eligibility, and ensure
compliance with security and project,
requirements. Additionally, the new
instructions require a Cooperative
Project Questionnaire, which will be
used by lenders and FHA to document
critical information relevant to the
structure of the cooperative corporation
and its eligibility for FHA insurance.
Also required is a form Mortgagee
Certification of Cooperative Eligibility,
which is to be signed by the Mortgagee/
Lender.
DATES: Comments Due Date: March 31,
2010.
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–NEW) 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:
Leroy McKinney Jr., Reports
Management Officer, QDAM,
Department of Housing and Urban
Development, 451 Seventh Street, SW.,
Washington, DC 20410; e-mail Leroy
McKinney Jr. at
Leroy.McKinneyJr@hud.gov or telephone
(202) 402–5564. This is not a toll-free
number. Copies of available documents
submitted to OMB may be obtained
from Mr. McKinney.
SUPPLEMENTARY INFORMATION: This
notice informs the public that the
Department of Housing and Urban
Development has submitted to OMB a
PO 00000
Frm 00098
Fmt 4703
Sfmt 4703
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: Cooperative Share
Loan Insurance.
OMB Approval Number: 2502–NEW.
Form Numbers: HUD–92270, HUD–
92271, HUD–92270–G.
Description of the Need for the
Information and Its Proposed Use:
New guidance for cooperative housing
loan insurance will be published to
update existing policies, and better
enable mortgagees to submit cooperative
share loans for FHA insurance. This
new publication will provide
instructions to lenders to ensure
compliance with project requirements,
origination, servicing, and claims. The
guidance includes matters concerning
forward and reverse (HECM) mortgages,
as well as compatible insurance
programs. Mortgagees must collect
documents and information about the
cooperative corporation and housing
project, which are needed to evaluate
the share loans’ eligibility, and ensure
compliance with security and project,
requirements. Additionally, the new
instructions require a Cooperative
Project Questionnaire, which will be
used by lenders and FHA to document
critical information relevant to the
structure of the cooperative corporation
and its eligibility for FHA insurance.
Also required is a form Mortgagee
Certification of Cooperative Eligibility,
which is to be signed by the Mortgagee/
Lender.
Frequency of Submission: On
occasion.
E:\FR\FM\01MRN1.SGM
01MRN1
9247
Federal Register / Vol. 75, No. 39 / Monday, March 1, 2010 / Notices
Number of
respondents
Annual
responses
12,670
12.670
Reporting Burden: .............................................................................
Total Estimated Burden Hours: 2,000.
Status: New Collection.
Authority: Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C. 35, as
amended.
Dated: February 23, 2010.
Leroy McKinney, Jr.,
Departmental Reports Management Officer,
Office of the Chief Information Officer.
[FR Doc. 2010–4155 Filed 2–26–10; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5376–N–12]
Multifamily Default Status Report
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 use this report to notify
HUD that a project owner has defaulted
on their mortgage and that an
assignment of mortgage will result if
HUD and the mortgagor do not develop
a plan for reinstating the loan.
DATES: Comments Due Date: March 31,
2010.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name and/or OMB
approval Number (2502–0041) 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:
Leroy McKinney Jr., Reports
Management Officer, QDAM,
Department of Housing and Urban
Development, 451 Seventh Street, SW.,
Washington, DC 20410; e-mail Leroy
McKinney Jr. at
Leroy.McKinneyJr@hud.gov or telephone
(202) 402–5564. This is not a toll-free
number. Copies of available documents
submitted to OMB may be obtained
from Mr. McKinney.
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
63
119
Total Estimated Burden Hours: 1,256.
Status: Extension of a currently
approved collection.
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
Authority: Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C. 35, as
amended.
[Docket No. FR–5376–N–13]
mstockstill on DSKH9S0YB1PROD with NOTICES
Single Family Mortgage Insurance
Premium, Single Family
AGENCY: Office of the Chief Information
Officer, HUD.
Notice.
[FR Doc. 2010–4152 Filed 2–26–10; 8:45 am]
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.
BILLING CODE 4210–67–P
VerDate Nov<24>2008
16:46 Feb 26, 2010
Jkt 220001
PO 00000
Frm 00099
Fmt 4703
Sfmt 4703
=
Burden hours
2,000
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: Multifamily Default
Status Report.
OMB Approval Number: 2502–0041.
Form Numbers: HUD–92426.
Description of the Need for the
Information and its Proposed Use:
Mortgagees use this report to notify
HUD that a project owner has defaulted
on their mortgage and that an
assignment of mortgage will result if
HUD and the mortgagor do not develop
a plan for reinstating the loan.
Frequency of Submission: On
occasion, Other Reporting required
when default occurs.
Annual
responses
Reporting Burden ..............................................................................
ACTION:
Hours per
response
2
Number of
respondents
Dated: February 22, 2010.
Leroy McKinney, Jr.,
Departmental Reports Management Officer,
Office of the Chief Information Officer.
x
x
Hours per
response
0.167
=
Burden hours
1,256
Lenders use the Single Family
Premium Collection Subsystem-Upfront
(SFPCS–U) to remit the upfront
premium to obtain mortgage insurance
for the homeowner. The information
strengthens HUD’s ability to manage
and to manage and process upfront
single family mortgage insurance
premium collections and corrections to
submit data. It also improves data
integrity for the Single Family Mortgage
Insurance Program.
DATES: Comments Due Date: March 31,
2010.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name and/or OMB
approval Number (2502–0423) and
should be sent to: HUD Desk Officer,
E:\FR\FM\01MRN1.SGM
01MRN1
]]>Agencies
[Federal Register Volume 75, Number 39 (Monday, March 1, 2010)]
[Notices]
[Pages 9246-9247]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-4155]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5376-N-14]
Cooperative Share Loan Insurance
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.
New guidance for cooperative housing loan insurance will be
published to update existing policies, and better enable mortgagees to
submit cooperative share loans for FHA insurance. This new publication
will provide instructions to lenders to ensure compliance with project
requirements, origination, servicing, and claims. The guidance includes
matters concerning forward and reverse (HECM) mortgages, as well as
compatible insurance programs. Mortgagees must collect documents and
information about the cooperative corporation and housing project,
which are needed to evaluate the share loans' eligibility, and ensure
compliance with security and project, requirements. Additionally, the
new instructions require a Cooperative Project Questionnaire, which
will be used by lenders and FHA to document critical information
relevant to the structure of the cooperative corporation and its
eligibility for FHA insurance. Also required is a form Mortgagee
Certification of Cooperative Eligibility, which is to be signed by the
Mortgagee/Lender.
DATES: Comments Due Date: March 31, 2010.
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-NEW) 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: Leroy McKinney Jr., Reports Management
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh
Street, SW., Washington, DC 20410; e-mail Leroy McKinney Jr. at
Leroy.McKinneyJr@hud.gov or telephone (202) 402-5564. This is not a
toll-free number. Copies of available documents submitted to OMB may be
obtained from Mr. McKinney.
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: Cooperative Share Loan Insurance.
OMB Approval Number: 2502-NEW.
Form Numbers: HUD-92270, HUD-92271, HUD-92270-G.
Description of the Need for the Information and Its Proposed Use:
New guidance for cooperative housing loan insurance will be
published to update existing policies, and better enable mortgagees to
submit cooperative share loans for FHA insurance. This new publication
will provide instructions to lenders to ensure compliance with project
requirements, origination, servicing, and claims. The guidance includes
matters concerning forward and reverse (HECM) mortgages, as well as
compatible insurance programs. Mortgagees must collect documents and
information about the cooperative corporation and housing project,
which are needed to evaluate the share loans' eligibility, and ensure
compliance with security and project, requirements. Additionally, the
new instructions require a Cooperative Project Questionnaire, which
will be used by lenders and FHA to document critical information
relevant to the structure of the cooperative corporation and its
eligibility for FHA insurance. Also required is a form Mortgagee
Certification of Cooperative Eligibility, which is to be signed by the
Mortgagee/Lender.
Frequency of Submission: On occasion.
[[Page 9247]]
----------------------------------------------------------------------------------------------------------------
Number of Annual Hours per
respondents responses x response = Burden hours
----------------------------------------------------------------------------------------------------------------
Reporting Burden:................... 12,670 12.670 .. 2 .. 2,000
----------------------------------------------------------------------------------------------------------------
Total Estimated Burden Hours: 2,000.
Status: New Collection.
Authority: Section 3507 of the Paperwork Reduction Act of 1995,
44 U.S.C. 35, as amended.
Dated: February 23, 2010.
Leroy McKinney, Jr.,
Departmental Reports Management Officer, Office of the Chief
Information Officer.
[FR Doc. 2010-4155 Filed 2-26-10; 8:45 am]
BILLING CODE 4210-67-P
