Agency Information Collection Activities: Proposed Collection; Comment Request, 1660-0086; National Flood Insurance Program-Mortgage Portfolio Protection Program (MPPP), 24726-24727 [2010-10527]
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24726
Federal Register / Vol. 75, No. 86 / Wednesday, May 5, 2010 / Notices
ESTIMATED ANNUALIZED BURDEN HOURS AND COSTS—Continued
Number of
respondents
Avg. burden
per
response
(in hours)
Total annual
burden
(in hours)
Avg. hourly
wage rate
704
1.2
845
50.22
42,436
........................
5,632
....................
6,758
....................
339,437
........................
32,856
....................
45,060
....................
1,393,021
Number of
responses per
respondent
Type of
respondent
Form name/
form number
Engineer .........
Application
Form for
Single
Residential
Lot or
Structure
Amendments to
National
Flood Insurance
Program
Maps
(Spanish)/
FEMA
Form 086–
0–22A.
704
1
Subtotal ...
.....................
5,632
Total .........
.....................
18,775
Estimated Cost: There are no start-up,
capital, operational, or maintenance
costs for this collection.
Comments
sroberts on DSKD5P82C1PROD with NOTICES
Comments may be submitted as
indicated in the ADDRESSES caption
above. Comments are solicited to
(a) Evaluate whether the proposed data
collection is necessary for the proper
performance of the agency, including
whether the information shall have
practical utility; (b) evaluate the
accuracy of the agency’s estimate of the
burden of the proposed collection of
information, including the validity of
the methodology and assumptions used;
(c) enhance the quality, utility, and
clarity of the information to be
collected; and (d) 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,
e.g., permitting electronic submission of
responses.
Dated: April 29, 2010.
Samuel C. Smith,
Acting Director, Records Management
Division, Mission Support Bureau, Federal
Emergency Management Agency, Department
of Homeland Security.
[FR Doc. 2010–10528 Filed 5–4–10; 8:45 am]
BILLING CODE 9110–12–P
VerDate Mar<15>2010
19:02 May 04, 2010
Jkt 220001
Total number
of responses
DEPARTMENT OF HOMELAND
SECURITY
Federal Emergency Management
Agency
[Docket ID: FEMA–2010–0015]
Agency Information Collection
Activities: Proposed Collection;
Comment Request, 1660–0086;
National Flood Insurance Program—
Mortgage Portfolio Protection Program
(MPPP)
AGENCY: Federal Emergency
Management Agency, DHS.
ACTION: Notice; 60-day notice and
request for comments; revision of a
currently approved information
collection; OMB No. 1660–0086; No
Form.
SUMMARY: The Federal Emergency
Management Agency, as part of its
continuing effort to reduce paperwork
and respondent burden, invites the
general public and other Federal
agencies to take this opportunity to
comment on a proposed revision of a
currently approved information
collection. In accordance with the
Paperwork Reduction Act of 1995, this
Notice seeks comments concerning the
Mortgage Portfolio Protection Program,
which assists the mortgage lending and
servicing industries bring their mortgage
portfolios into compliance with Federal
flood insurance requirements.
DATES: Comments must be submitted on
or before July 6, 2010.
PO 00000
Frm 00159
Fmt 4703
Sfmt 4703
Total annual
respondent
cost
ADDRESSES: To avoid duplicate
submissions to the docket, please use
only one of the following means to
submit comments:
(1) Online. Submit comments at
https://www.regulations.gov under
Docket ID FEMA–2010–0015. Follow
the instructions for submitting
comments.
(2) Mail. Submit written comments to
Office of Chief Counsel, Regulation and
Policy Team, DHS/FEMA, 500 C Street,
SW., Room 835, Washington, DC 20472–
3100.
(3) Facsimile. Submit comments to
(703) 483–2999.
(4) E-mail. Submit comments to
FEMA–POLICY@dhs.gov. Include
Docket ID FEMA–2010–0015 in the
subject line.
All submissions received must
include the agency name and Docket ID.
Regardless of the method used for
submitting comments or material, all
submissions will be posted, without
change, to the Federal eRulemaking
Portal at https://www.regulations.gov,
and will include any personal
information you provide. Therefore,
submitting this information makes it
public. You may wish to read the
Privacy Act notice that is available via
the Notice link in the footer of https://
www.regulations.gov.
FOR FURTHER INFORMATION CONTACT:
Contact Susan Bernstein, Program
Analyst, FEMA Mitigation Division,
(202) 212–2113 for additional
information. You may contact the
Records Management Division for
copies of the proposed collection of
E:\FR\FM\05MYN1.SGM
05MYN1
24727
Federal Register / Vol. 75, No. 86 / Wednesday, May 5, 2010 / Notices
information at facsimile number (202)
646–3347 or e-mail address: FEMAInformation-CollectionsManagement@dhs.gov.
The
National Flood Insurance Program
(NFIP) is authorized in Public Law 90–
448 (1968) and expanded by Public Law
93–234 (1973), and is codified as 42
U.S.C. 4001, et seq. Public Law 103–325
(1994) expands upon this and provides
federally supported flood insurance for
existing buildings exposed to flood risk.
In accordance with Public Law 93–234,
the purchase of flood insurance is
mandatory when Federal or federally
related financial assistance is being
provided for acquisition of flood hazard
areas of communities that are
participating in the program. The
Mortgage Portfolio Protection program
(MPPP) is an option that companies
participating in the NFIP can use to
bring their mortgage loan portfolios into
compliance with the flood insurance
purchase requirements of the three
SUPPLEMENTARY INFORMATION:
Mortgage Portfolio Protection Program
Agreement and complete the
acknowledgement either agreeing to
participate in the MPPP or electing to
continue under just the WYO
guidelines. This acknowledgment is
used to determine which WYO
Companies will be writing insurance
under the Mortgage Portfolio Protection
Program and which ones choose only to
sell flood insurance through the regular
WYO Program. A lender wishing to
obtain flood insurance through an MPPP
participating insurance company must
review the Financial Assistance/
Subsidy Arrangement and acknowledge
the terms by signing the notice of
acceptance provided with the
Arrangement. This acceptance is used to
verify that the lender understands the
terms of the agreement so that they can
properly apply for flood insurance.
Affected Public: Business or other forprofit.
Estimated Total Annual Burden
Hours: 170.5 Hours.
public laws described previously. Title
44 CFR 62.23(l)(1), with 44 CFR
Appendix A to Part 62 implements the
MPPP requirements for specific notices
and other procedures that must be
adhered to. Title 44 CFR 62.23(l)(2)
indicates that Write-Your-Own (WYO)
Companies participating in the MPPP
must provide a detailed implementation
package, known as the Mortgage
Portfolio Protection Program Agreement,
to any lending institutions that are
requesting insurance coverage and the
lender must acknowledge receipt.
Collection of Information
Title: National Flood Insurance
Program—Mortgage Portfolio Protection
Program (MPPP).
Type of Information Collection:
Revision of a currently approved
information collection.
OMB Number: 1660–0086.
Form Titles and Numbers: No Form.
Abstract: A WYO Company that
wishes to participate in the MPPP must
review the information listed in the
TABLE A.12—ESTIMATED ANNUALIZED BURDEN HOURS AND COSTS
Type of
respondent
Form name/form
No.
Business
or
other
forprofit.
Mortgage Portfolio Protection
Program
Agreement Notice of Acceptance (Formerly
Lender/Mortgagor Service
Coordination)
New Entrant/
No Form.
Financial Assistance/Subsidy
Arrangement
Receipt for
Materials/No
Form.
Business
or
other
forprofit.
Number of
respondents
sroberts on DSKD5P82C1PROD with NOTICES
Avg. burden
per response
(in hours)
Total annual
burden
(in hours)
Avg. hourly
wage rate
Total annual
respondent
cost
1
91
.5
45.5
$40.68
$1,851
250
1
250
.5
125
43.75
5,434
Comments
Comments may be submitted as
indicated in the ADDRESSES caption
above. Comments are solicited to: (a)
Evaluate whether the proposed data
collection is necessary for the proper
performance of the agency, including
whether the information shall have
practical utility; (b) evaluate the
accuracy of the agency’s estimate of the
burden of the proposed collection of
information, including the validity of
the methodology and assumptions used;
19:02 May 04, 2010
Total number
of responses
91
Estimated Cost: There are no
recordkeeping, capital, start-up or
maintenance costs associated with this
information collection.
VerDate Mar<15>2010
Number of
responses per
respondent
Jkt 220001
(c) enhance the quality, utility, and
clarity of the information to be
collected; and (d) 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,
e.g., permitting electronic submission of
responses.
PO 00000
Frm 00160
Fmt 4703
Sfmt 9990
Dated: April 28, 2010.
Samuel C. Smith,
Acting Director, Records Management
Division, Mission Support Bureau, Federal
Emergency Management Agency, Department
of Homeland Security.
[FR Doc. 2010–10527 Filed 5–4–10; 8:45 am]
BILLING CODE 9110–11–P
E:\FR\FM\05MYN1.SGM
05MYN1
Agencies
[Federal Register Volume 75, Number 86 (Wednesday, May 5, 2010)]
[Notices]
[Pages 24726-24727]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-10527]
-----------------------------------------------------------------------
DEPARTMENT OF HOMELAND SECURITY
Federal Emergency Management Agency
[Docket ID: FEMA-2010-0015]
Agency Information Collection Activities: Proposed Collection;
Comment Request, 1660-0086; National Flood Insurance Program--Mortgage
Portfolio Protection Program (MPPP)
AGENCY: Federal Emergency Management Agency, DHS.
ACTION: Notice; 60-day notice and request for comments; revision of a
currently approved information collection; OMB No. 1660-0086; No Form.
-----------------------------------------------------------------------
SUMMARY: The Federal Emergency Management Agency, as part of its
continuing effort to reduce paperwork and respondent burden, invites
the general public and other Federal agencies to take this opportunity
to comment on a proposed revision of a currently approved information
collection. In accordance with the Paperwork Reduction Act of 1995,
this Notice seeks comments concerning the Mortgage Portfolio Protection
Program, which assists the mortgage lending and servicing industries
bring their mortgage portfolios into compliance with Federal flood
insurance requirements.
DATES: Comments must be submitted on or before July 6, 2010.
ADDRESSES: To avoid duplicate submissions to the docket, please use
only one of the following means to submit comments:
(1) Online. Submit comments at https://www.regulations.gov under
Docket ID FEMA-2010-0015. Follow the instructions for submitting
comments.
(2) Mail. Submit written comments to Office of Chief Counsel,
Regulation and Policy Team, DHS/FEMA, 500 C Street, SW., Room 835,
Washington, DC 20472-3100.
(3) Facsimile. Submit comments to (703) 483-2999.
(4) E-mail. Submit comments to FEMA-POLICY@dhs.gov. Include Docket
ID FEMA-2010-0015 in the subject line.
All submissions received must include the agency name and Docket
ID. Regardless of the method used for submitting comments or material,
all submissions will be posted, without change, to the Federal
eRulemaking Portal at https://www.regulations.gov, and will include any
personal information you provide. Therefore, submitting this
information makes it public. You may wish to read the Privacy Act
notice that is available via the Notice link in the footer of https://www.regulations.gov.
FOR FURTHER INFORMATION CONTACT: Contact Susan Bernstein, Program
Analyst, FEMA Mitigation Division, (202) 212-2113 for additional
information. You may contact the Records Management Division for copies
of the proposed collection of
[[Page 24727]]
information at facsimile number (202) 646-3347 or e-mail address: FEMA-Information-Collections-Management@dhs.gov.
SUPPLEMENTARY INFORMATION: The National Flood Insurance Program (NFIP)
is authorized in Public Law 90-448 (1968) and expanded by Public Law
93-234 (1973), and is codified as 42 U.S.C. 4001, et seq. Public Law
103-325 (1994) expands upon this and provides federally supported flood
insurance for existing buildings exposed to flood risk. In accordance
with Public Law 93-234, the purchase of flood insurance is mandatory
when Federal or federally related financial assistance is being
provided for acquisition of flood hazard areas of communities that are
participating in the program. The Mortgage Portfolio Protection program
(MPPP) is an option that companies participating in the NFIP can use to
bring their mortgage loan portfolios into compliance with the flood
insurance purchase requirements of the three public laws described
previously. Title 44 CFR 62.23(l)(1), with 44 CFR Appendix A to Part 62
implements the MPPP requirements for specific notices and other
procedures that must be adhered to. Title 44 CFR 62.23(l)(2) indicates
that Write-Your-Own (WYO) Companies participating in the MPPP must
provide a detailed implementation package, known as the Mortgage
Portfolio Protection Program Agreement, to any lending institutions
that are requesting insurance coverage and the lender must acknowledge
receipt.
Collection of Information
Title: National Flood Insurance Program--Mortgage Portfolio
Protection Program (MPPP).
Type of Information Collection: Revision of a currently approved
information collection.
OMB Number: 1660-0086.
Form Titles and Numbers: No Form.
Abstract: A WYO Company that wishes to participate in the MPPP must
review the information listed in the Mortgage Portfolio Protection
Program Agreement and complete the acknowledgement either agreeing to
participate in the MPPP or electing to continue under just the WYO
guidelines. This acknowledgment is used to determine which WYO
Companies will be writing insurance under the Mortgage Portfolio
Protection Program and which ones choose only to sell flood insurance
through the regular WYO Program. A lender wishing to obtain flood
insurance through an MPPP participating insurance company must review
the Financial Assistance/Subsidy Arrangement and acknowledge the terms
by signing the notice of acceptance provided with the Arrangement. This
acceptance is used to verify that the lender understands the terms of
the agreement so that they can properly apply for flood insurance.
Affected Public: Business or other for-profit.
Estimated Total Annual Burden Hours: 170.5 Hours.
Table A.12--Estimated Annualized Burden Hours and Costs
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total
Form name/form Number of Number of Total number Avg. burden annual Avg. hourly Total annual
Type of respondent No. respondents responses per of responses per response burden (in wage rate respondent
respondent (in hours) hours) cost
--------------------------------------------------------------------------------------------------------------------------------------------------------
Business or other for-profit. Mortgage 91 1 91 .5 45.5 $40.68 $1,851
Portfolio
Protection
Program
Agreement
Notice of
Acceptance
(Formerly
Lender/
Mortgagor
Service
Coordination)
New Entrant/No
Form.
Business or other for-profit. Financial 250 1 250 .5 125 43.75 5,434
Assistance/
Subsidy
Arrangement
Receipt for
Materials/No
Form.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Estimated Cost: There are no recordkeeping, capital, start-up or
maintenance costs associated with this information collection.
Comments
Comments may be submitted as indicated in the ADDRESSES caption
above. Comments are solicited to: (a) Evaluate whether the proposed
data collection is necessary for the proper performance of the agency,
including whether the information shall have practical utility; (b)
evaluate the accuracy of the agency's estimate of the burden of the
proposed collection of information, including the validity of the
methodology and assumptions used; (c) enhance the quality, utility, and
clarity of the information to be collected; and (d) 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, e.g., permitting electronic submission of responses.
Dated: April 28, 2010.
Samuel C. Smith,
Acting Director, Records Management Division, Mission Support Bureau,
Federal Emergency Management Agency, Department of Homeland Security.
[FR Doc. 2010-10527 Filed 5-4-10; 8:45 am]
BILLING CODE 9110-11-P