Information Collection; Direct Loan Servicing-Regular, 23218-23219 [2010-10192]
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23218
Federal Register / Vol. 75, No. 84 / Monday, May 3, 2010 / Notices
All responses to this notice will be
summarized and included in the request
for OMB approval. All comments will
become a matter of public record.
Dated: April 27, 2010.
Rayne Pegg,
Administrator, Agricultural Marketing
Service.
[FR Doc. 2010–10274 Filed 4–30–10; 8:45 am]
BILLING CODE P
DEPARTMENT OF AGRICULTURE
Farm Service Agency
Information Collection; Inventory
Property Management
Farm Service Agency, USDA.
ACTION: Notice; request for comments.
erowe on DSK5CLS3C1PROD with NOTICES
AGENCY:
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995, the
Farm Service Agency (FSA) is seeking
comments from all interested
individuals and organizations on the
extension of a currently approved
information collection that supports
Inventory Property Management. The
information is used to evaluate
applicant requests to purchase
inventory property, determine eligibility
to lease or purchase inventory property,
and ensure the payment of the lease
amount or purchase amount associated
with the acquisition of inventory
property.
DATES: We will consider comments that
we receive by July 2, 2010.
ADDRESSES: We invite you to submit
comments on this notice. In your
comments, include date, volume, and
page number, the OMB control number,
and the title of the information
collection of this issue of the Federal
Register. You may submit comments by
any of the following methods:
• Mail: J. Lee Nault, Loan Specialist,
USDA/FSA/FLP, STOP 0523, 1400
Independence Avenue, SW.,
Washington, DC 20250–0503.
• E-mail: lee.nault@wdc.usda.gov.
• Fax: 202–690–0949.
You may also send comments to the
Desk Officer for Agriculture, Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Washington, DC 20503. Copies of the
information collection may be requested
by contacting J. Lee Nault at the above
address.
FOR FURTHER INFORMATION CONTACT: J.
Lee Nault, Loan Specialist, Farm Service
Agency, (202) 720–6834.
SUPPLEMENTARY INFORMATION:
Title: (7 CFR part 767) Farm Loan
Programs—Inventory Property
Management.
VerDate Mar<15>2010
15:35 Apr 30, 2010
Jkt 220001
OMB Number: 0560–0234.
Expiration Date: 11/30/2010.
Type of Request: Extension of a
currently approved information
collection.
Abstract: FSA’s Farm Loan Programs
provide supervised credit in the form of
loans to family farmers to purchase real
estate and equipment and finance
agricultural production. Inventory
Property Management, as specified in 7
CFR part 767, provides the requirements
for the management, lease, and sale of
security property acquired by FSA. FSA
may take title to real estate as part of
dealing with a problem loan either by
entering a winning bid in an attempt to
protect its interest at a foreclosure sale,
or by accepting a deed of conveyance in
lieu of foreclosure. Information
collections established in the regulation
are necessary for FSA to determine an
applicant’s eligibility to lease or
purchase inventory property and to
ensure the applicant’s ability to make
payment on the lease or purchase
amount.
Respondents: Individuals or
households, businesses or other for
profit farms.
Estimated Annual Number of
Respondents: 280.
Estimated Number of Responses per
Respondent: 1.04.
Total Annual Responses: 290.
Estimated Total Annual Burden
Hours: 432.
We are requesting comments on all
aspects of this information collection
and to help us to:
(1) Evaluate whether the collection of
information is necessary for the proper
performance of the functions of FSA,
including whether the information will
have practical utility;
(2) Evaluate the accuracy of FSA’s
estimate of burden including the
validity of the methodology and
assumptions used;
(3) Enhance the quality, utility and
clarity of the information to be
collected;
(4) Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
All comments received in response to
this notice, including names and
addresses when provided, will be a
matter of public record. Comments will
be summarized and included in the
submission for Office of Management
and Budget approval.
PO 00000
Frm 00002
Fmt 4703
Sfmt 4703
Signed at Washington, DC, on April 20,
2010.
Jonathan W. Coppess,
Administrator, Farm Service Agency.
[FR Doc. 2010–10191 Filed 4–30–10; 8:45 am]
BILLING CODE 3410–05–P
DEPARTMENT OF AGRICULTURE
Farm Service Agency
Information Collection; Direct Loan
Servicing—Regular
Farm Service Agency, USDA.
Notice; request for comments.
AGENCY:
ACTION:
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995, the
Farm Service Agency (FSA) is seeking
comments from all interested
individuals and organizations on the
extension with a revision of a currently
approved information collection that
supports Direct Loan Servicing-Regular
programs. The information is used to
determine borrower compliance with
loan agreements, assist the borrower in
achieving business goals, and regular
servicing of the loan account such as
graduation, subordination, partial
release, and use of proceeds.
DATES: We will consider comments that
we receive by July 2, 2010.
ADDRESSES: We invite you to submit
comments on this notice. In your
comments, include date, volume, and
page number, and the OMB control
number and the title of the information
collection of this issue of the Federal
Register. You may submit comments by
any of the following methods:
• Mail: J. Lee Nault, Loan Specialist,
USDA/FSA/FLP, STOP 0523, 1400
Independence Avenue, SW.,
Washington, DC 20250–0503.
• E-mail: lee.nault@wdc.usda.gov.
• Fax: 202–690–0949.
You may also send comments to the
Desk Officer for Agriculture, Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Washington, DC 20503. Copies of the
information collection may be requested
by contacting J. Lee Nault at the above
address.
FOR FURTHER INFORMATION CONTACT: J.
Lee Nault, Loan Specialist, Farm Service
Agency, (202) 720–6834.
SUPPLEMENTARY INFORMATION:
Title: (7 CFR part 765) Farm Loan
Programs—Direct Loan Servicing—
Regular.
OMB Number: 0560–0236.
Expiration Date: 11/30/2010.
Type of Request: Extension of a
currently approved information
collection.
E:\FR\FM\03MYN1.SGM
03MYN1
erowe on DSK5CLS3C1PROD with NOTICES
Federal Register / Vol. 75, No. 84 / Monday, May 3, 2010 / Notices
Abstract: FSA’s Farm Loan Programs
provide loans to family farmers to
purchase real estate and equipment, and
finance agricultural production. Direct
Loan Servicing—Regular, as specified in
7 CFR part 765, provides the
requirements related to routine
servicing actions associated with direct
loans. FSA is required to actively
supervise its borrowers and provide
credit counseling, management advice
and financial guidance. Additionally,
FSA must document that credit is not
available to the borrower from
commercial credit sources in order to
maintain eligibility for assistance.
Information collections established in
the regulation are necessary for FSA to
monitor and account for loan security,
including proceeds derived from the
sale of security, and to process a
borrower’s request for subordination or
partial release of security. Borrowers are
required to provide financial
information to determine graduation
eligibility based on commercial lender
standards provided to FSA.
Respondents: Individuals or
households, businesses or other for
profit farms.
Estimated Annual Number of
Respondents: 52,288.
Estimated Number of Responses per
Respondent: 2.10.
Total Annual Responses: 110,121.
Estimated Total Annual Burden
Hours: 60,877.
We are requesting comments on all
aspects of this information collection
and to help us to:
(1) Evaluate whether the collection of
information is necessary for the proper
performance of the functions of FSA,
including whether the information will
have practical utility;
(2) Evaluate the accuracy of FSA’s
estimate of burden including the
validity of the methodology and
assumptions used;
(3) Enhance the quality, utility and
clarity of the information to be
collected;
(4) Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
All comments received in response to
this notice, including names and
addresses when provided, will be a
matter of public record. Comments will
be summarized and included in the
submission for Office of Management
and Budget approval.
VerDate Mar<15>2010
15:35 Apr 30, 2010
Jkt 220001
Signed at Washington, DC, on April 20,
2010.
Jonathan W. Coppess,
Administrator, Farm Service Agency.
[FR Doc. 2010–10192 Filed 4–30–10; 8:45 am]
BILLING CODE 3410–05–P
DEPARTMENT OF AGRICULTURE
Farm Service Agency
Information Collection; Direct Loan
Servicing—Special
Farm Service Agency, USDA.
Notice; request for comments.
AGENCY:
ACTION:
SUMMARY: In accordance with the
Paperwork Reduction Act of 1995, the
Farm Service Agency (FSA) is seeking
comments from all interested
individuals and organizations on the
extension with a revision of a currently
approved information collection that
supports Direct Loan Servicing-Special
programs. The information is used in
eligibility and feasibility determinations
on borrower requests for disaster setaside, primary loan servicing, buyout at
market value, and homestead
protection, as well as liquidation of
security.
DATES: We will consider comments that
we receive by July 2, 2010.
ADDRESSES: We invite you to submit
comments on this notice. In your
comments, include date, volume, and
page number, the OMB control number
and the title of the information
collection of this issue of the Federal
Register. You may submit comments by
any of the following methods:
• Mail: J. Lee Nault, Loan Specialist,
USDA/FSA/FLP, STOP 0523, 1400
Independence Avenue, SW.,
Washington, DC 20250–0503.
• E-mail: lee.nault@wdc.usda.gov.
• Fax: 202–690–0949.
You may also send comments to the
Desk Officer for Agriculture, Office of
Information and Regulatory Affairs,
Office of Management and Budget,
Washington, DC 20503. Copies of the
information collection may be requested
by contacting J. Lee Nault at the above
address.
FOR FURTHER INFORMATION CONTACT: J.
Lee Nault, Loan Specialist, Farm Service
Agency, (202) 720–6834.
SUPPLEMENTARY INFORMATION:
Title: (7 CFR part 766) Farm Loan
Programs—Direct Loan Servicing—
Special.
OMB Number: 0560–0233.
Expiration Date: 11/30/2010.
Type of Request: Extension of a
currently approved information
collection with a revision.
PO 00000
Frm 00003
Fmt 4703
Sfmt 9990
23219
Abstract: FSA’s Farm Loan Programs
provide loans to family farmers to
purchase real estate and equipment and
finance agricultural production. Direct
Loan Servicing—Special, as specified in
7 CFR part 766, provides the
requirements for servicing financially
distressed and delinquent direct loan
borrowers. FSA’s loan servicing options
include disaster set-aside, primary loan
servicing (including reamortization,
rescheduling, deferral, write down and
conservation contracts), buyout at
market value, and homestead
protection. FSA also services borrowers
who file bankruptcy or liquidate
security when available servicing
options are not sufficient to produce a
feasible plan. The information
collections contained in the regulation
are necessary to evaluate a borrower’s
request for consideration of the special
servicing actions.
Respondents: Individuals or
households, businesses or other for
profit farms.
Estimated Annual Number of
Respondents: 12,651.
Estimated Number of Responses per
Respondent: 1.40.
Total Annual Responses: 17,749.
Estimated Total Annual Burden
Hours: 10,337.
We are requesting comments on all
aspects of this information collection
and to help us to:
(1) Evaluate whether the collection of
information is necessary for the proper
performance of the functions of the
FSA, including whether the information
will have practical utility;
(2) Evaluate the accuracy of the FSA’s
estimate of burden including the
validity of the methodology and
assumptions used;
(3) Enhance the quality, utility and
clarity of the information to be
collected;
(4) Minimize the burden of the
collection of information on those who
are to respond, including through the
use of appropriate automated,
electronic, mechanical, or other
technological collection techniques or
other forms of information technology.
All comments received in response to
this notice, including names and
addresses when provided, will be a
matter of public record. Comments will
be summarized and included in the
submission for Office of Management
and Budget approval.
Signed at Washington, DC, on April 20,
2010.
Jonathan W. Coppess,
Administrator, Farm Service Agency.
[FR Doc. 2010–10190 Filed 4–30–10; 8:45 am]
BILLING CODE 3410–05–P
E:\FR\FM\03MYN1.SGM
03MYN1
]]>Agencies
[Federal Register Volume 75, Number 84 (Monday, May 3, 2010)]
[Notices]
[Pages 23218-23219]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-10192]
-----------------------------------------------------------------------
DEPARTMENT OF AGRICULTURE
Farm Service Agency
Information Collection; Direct Loan Servicing--Regular
AGENCY: Farm Service Agency, USDA.
ACTION: Notice; request for comments.
-----------------------------------------------------------------------
SUMMARY: In accordance with the Paperwork Reduction Act of 1995, the
Farm Service Agency (FSA) is seeking comments from all interested
individuals and organizations on the extension with a revision of a
currently approved information collection that supports Direct Loan
Servicing-Regular programs. The information is used to determine
borrower compliance with loan agreements, assist the borrower in
achieving business goals, and regular servicing of the loan account
such as graduation, subordination, partial release, and use of
proceeds.
DATES: We will consider comments that we receive by July 2, 2010.
ADDRESSES: We invite you to submit comments on this notice. In your
comments, include date, volume, and page number, and the OMB control
number and the title of the information collection of this issue of the
Federal Register. You may submit comments by any of the following
methods:
Mail: J. Lee Nault, Loan Specialist, USDA/FSA/FLP, STOP
0523, 1400 Independence Avenue, SW., Washington, DC 20250-0503.
E-mail: lee.nault@wdc.usda.gov.
Fax: 202-690-0949.
You may also send comments to the Desk Officer for Agriculture,
Office of Information and Regulatory Affairs, Office of Management and
Budget, Washington, DC 20503. Copies of the information collection may
be requested by contacting J. Lee Nault at the above address.
FOR FURTHER INFORMATION CONTACT: J. Lee Nault, Loan Specialist, Farm
Service Agency, (202) 720-6834.
SUPPLEMENTARY INFORMATION:
Title: (7 CFR part 765) Farm Loan Programs--Direct Loan Servicing--
Regular.
OMB Number: 0560-0236.
Expiration Date: 11/30/2010.
Type of Request: Extension of a currently approved information
collection.
[[Page 23219]]
Abstract: FSA's Farm Loan Programs provide loans to family farmers
to purchase real estate and equipment, and finance agricultural
production. Direct Loan Servicing--Regular, as specified in 7 CFR part
765, provides the requirements related to routine servicing actions
associated with direct loans. FSA is required to actively supervise its
borrowers and provide credit counseling, management advice and
financial guidance. Additionally, FSA must document that credit is not
available to the borrower from commercial credit sources in order to
maintain eligibility for assistance. Information collections
established in the regulation are necessary for FSA to monitor and
account for loan security, including proceeds derived from the sale of
security, and to process a borrower's request for subordination or
partial release of security. Borrowers are required to provide
financial information to determine graduation eligibility based on
commercial lender standards provided to FSA.
Respondents: Individuals or households, businesses or other for
profit farms.
Estimated Annual Number of Respondents: 52,288.
Estimated Number of Responses per Respondent: 2.10.
Total Annual Responses: 110,121.
Estimated Total Annual Burden Hours: 60,877.
We are requesting comments on all aspects of this information
collection and to help us to:
(1) Evaluate whether the collection of information is necessary for
the proper performance of the functions of FSA, including whether the
information will have practical utility;
(2) Evaluate the accuracy of FSA's estimate of burden including the
validity of the methodology and assumptions used;
(3) Enhance the quality, utility and clarity of the information to
be collected;
(4) Minimize the burden of the collection of information on those
who are to respond, including through the use of appropriate automated,
electronic, mechanical, or other technological collection techniques or
other forms of information technology.
All comments received in response to this notice, including names
and addresses when provided, will be a matter of public record.
Comments will be summarized and included in the submission for Office
of Management and Budget approval.
Signed at Washington, DC, on April 20, 2010.
Jonathan W. Coppess,
Administrator, Farm Service Agency.
[FR Doc. 2010-10192 Filed 4-30-10; 8:45 am]
BILLING CODE 3410-05-P
