Notice of Proposed Information Collection: Comment Request; Mortgagee's Application for Partial Settlement, Multifamily Mortgage, 44003-44004 [2010-18402]
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Federal Register / Vol. 75, No. 143 / Tuesday, July 27, 2010 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5383–N–15]
Financial Standards for Housing
Agency-Owned Insurance Entities
Office of the Assistant
Secretary for Public and Indian
Housing, HUD.
ACTION: Notice.
AGENCY:
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: September
27, 2010.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name/or OMB Control
number and should be sent to: Leroy
McKinney, Jr., Departmental Reports
Management Officer, QDAM,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Room 4178, Washington, DC 20410–
5000; telephone 202.402.5564, (this is
not a toll-free number) or email Mr.
McKinney at
Leroy.McKinneyJr@hud.gov. Persons
with hearing or speech impairments
may access this number through TTY by
calling the toll-free Federal Information
Relay Service at (800) 877–8339. (Other
than the HUD USER information line
and TTY numbers, telephone numbers
are not toll-free.)
FOR FURTHER INFORMATION CONTACT:
Dacia Rogers, Office of Policy, Programs
and Legislative Initiatives, PIH,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Room 4116, Washington, DC 20410;
telephone 202–402–3374, (this is not a
toll-free number).
SUPPLEMENTARY INFORMATION: The
Department will submit 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 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
sroberts on DSKD5P82C1PROD with NOTICES
SUMMARY:
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16:30 Jul 26, 2010
Jkt 220001
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: Financial Standards
for Housing Agency-Owned Insurance
Entities.
OMB Control Number: 2577–0186.
Description of the need for the
information and proposed use:
Collection of this information is
required by the HUD Appropriations
Act for FY 1992, Public Law 102.139,
105 Stat. 736 (approved October 28,
1991). The Act provided that public
housing agencies (PHAs) could
purchase insurance coverage without
regard to competitive selection
procedures, if the insurance was
purchased from a nonprofit insurance
entity owned and controlled by PHAs
approved by HUD, in accordance with
standards established by regulation. A
PHA-owned insurance entity selected
by a PHA to provide coverage must
submit a certification to HUD, stating
that the entity management and
underwriting staff have certain levels of
experience. For initial approvals, the
entity must also submit proper
organizational documentation. The
nonprofit entity must submit copies of
audits every year, actuarial reviews
every year, and management reviews
every three years.
Agency form number: N/A.
Members of affected public: Public
Housing Agencies.
Estimation of the total number of
hours needed to prepare the information
collection including number of
respondents: The estimated number of
respondents is 29 annually with one
response per respondent. The average
number for each response is 6.55 hours,
for a total reporting burden of 190
hours.
Status of the proposed information
collection: Extension of currently
approved collection.
Authority: Section 3506 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35,
as amended.
Dated: July 20, 2010.
Merrie Nichols-Dixon,
Acting Deputy Assistant Secretary for Policy,
Programs, and Legislative Initiatives.
[FR Doc. 2010–18400 Filed 7–26–10; 8:45 am]
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44003
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5380–N–28]
Notice of Proposed Information
Collection: Comment Request;
Mortgagee’s Application for Partial
Settlement, Multifamily Mortgage
Office of the Assistant
Secretary for Housing, HUD.
ACTION: Notice.
AGENCY:
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: September
27, 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:
Leroy McKinney, Jr., Departmental
Reports Management Officer, QDAM,
Department of Housing and Urban
Development, 451 7th Street, SW.,
Washington, DC 20410; e-mail
leroy.mckinneyjr@hud.gov or telephone
(202) 402–5564 or the number for the
Federal Information Relay Service (1–
800–877–8339).
FOR FURTHER INFORMATION CONTACT:
Rebecca Lovelace, Accountant,
Multifamily Claims Branch, Department
of Housing and Urban Development,
451 7th Street, SW., Washington, DC
20410, e-mail telephone (202) 402–3987
(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
SUMMARY:
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44004
Federal Register / Vol. 75, No. 143 / Tuesday, July 27, 2010 / Notices
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
Mortgagee’s Application for Partial
Settlement.
OMB Control Number, if applicable:
2502–0427.
Description of the need for the
information and proposed use:
sroberts on DSKD5P82C1PROD with NOTICES
1. When a FHA-insured Multifamily
mortgage goes into default, the Mortgagee
may file a claim with the Secretary to receive
the insurance benefits. Statute 12 USC
1713(g)–(r) provides that, * * * ‘‘the
Mortgagee shall be entitled to receive the
benefits of the insurance as hereinafter
provided, upon assignment, transfer, and
delivery to the Secretary, within a period and
in accordance with rules and regulations to
be prescribed by the Secretary of all rights
and interest arising under the mortgage so in
default * * * at its option and in accordance
with regulation, and in a period to be
determined by the Secretary, proceed to
foreclosure on and obtain possession of or
otherwise acquired such property after
default and receive the benefits of the
insurance as herein provided upon prompt
conveyance to the Secretary the title of the
property * * * ’’ The Mortgagee may receive
a portion of the benefits immediately after
the assignment or conveyance.
2. The respondents are only those
mortgagees that elect to assign property to
HUD. There are approximately 115 such
mortgagees annually. When the mortgagee
notifies HUD of an election to assign a
property to HUD, HUD sends the mortgagee
an e-mail with instructions for submitting its
claim (see Attachment 1). This request
addresses only the Application for Partial
Settlement. Within 24 to 48 hours after an
assignment or conveyance, the Secretary may
pay the Mortgagee a partial amount of
insurance benefits. This payment is made
prior to the examination of the Mortgagee’s
claim. The information collected on the
subject form, HUD–2537 (Mortgagee’s
Application for Partial SettlementMultifamily Mortgage), provides the required
information to determine the partial amount.
This amount is computed in accordance with
the foregoing statutory provisions and
regulations promulgated there under in 24
CFR 207(B), Contract Rights and Obligations.
Agency form numbers, if applicable:
HUD–2537.
Estimation of the total numbers of
hours needed to prepare the information
collection including number of
respondents, frequency of response, and
hours of response: The number of
annual burden hours is 29. The number
of respondents is 115 per year, the
number of responses is 115, the
frequency of response is on occasion,
and the burden hour per response is .25.
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Status of the proposed information
collection: This is a request for renewal
of a currently approved collection.
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C., Chapter 35, as amended.
Dated: July 22, 2010.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary
for Housing.
[FR Doc. 2010–18402 Filed 7–26–10; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5376–N–71]
Notice of Submission of Proposed
Information Collection to OMB
Emergency Comment Request; Notice
of Proposed Information Collection for
Public Comment on Assessment of
Consumer Protection Gaps for Home
Equity Conversion Mortgage
Borrowers
Office of the Chief Information
Officer, HUD.
ACTION: Notice of proposed information
collection.
AGENCY:
The proposed information
collection requirement described below
has been submitted to the Office of
Management and Budget (OMB) for
emergency review and approval, as
required by the Paperwork Reduction
Act. The Department is soliciting public
comments on the subject proposal.
DATES: Comments Due Date: August 3,
2010.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments must be
received within seven (7) days from the
date of this Notice. Comments should
refer to the proposal by name/or OMB
approval number and should be sent to:
HUD Desk Officer, Office of
Management and Budget, New
Executive Office Building, Washington,
DC 20503; e-mail: OIRA_Submission
@omb.eop.gov; fax: (202) 395–5806.
FOR FURTHER INFORMATION CONTACT:
Leroy McKinney, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 Seventh
Street, SW., Washington, DC 20410; email: Leroy.MkinneyJR@hud.gov;
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 is soliciting comments from
members of the public and affected
agencies concerning the proposed
SUMMARY:
PO 00000
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Fmt 4703
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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 Proposed
Information Collection for Public
Comment On Assessment of Consumer
Protection Gaps for Home Equity
Conversion Mortgage Borrowers.
OMB Control Number: 2502–New.
Agency Form Numbers: None.
Description of Information Collection:
This is a new information collection. A
twenty-minute phone survey will be
conduced among 600 Home Equity
Conversion Mortgage (HECM)
borrowers. It will help FHA Assess
Consumer Protection Gaps for HECM
borrowers.
Members of Affected Public: Lenders,
Borrowers, Counselors and Not-forprofit consumer advocacy organizations.
Estimation of the total numbers of
hours needed to prepare the information
collection including number of
respondents, frequency of responses,
and hours of responses: An estimation
of the total number of hours needed to
conduct this one-time, 20 minute survey
among 600 HECM borrowers is 200
hours.
Total Estimated Burden Hours: 200.
Status of the proposed information
collection: New collection
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C. Chapter 35, as amended.
Dated: July 22, 2010.
Leroy McKinney Jr.,
Departmental Reports Management Officer,
Office of the Chief Information Officer.
[FR Doc. 2010–18414 Filed 7–26–10; 8:45 am]
BILLING CODE 4210–67–P
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]]>Agencies
[Federal Register Volume 75, Number 143 (Tuesday, July 27, 2010)]
[Notices]
[Pages 44003-44004]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-18402]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5380-N-28]
Notice of Proposed Information Collection: Comment Request;
Mortgagee's Application for Partial Settlement, Multifamily Mortgage
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: September 27, 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: Leroy McKinney, Jr., Departmental
Reports Management Officer, QDAM, Department of Housing and Urban
Development, 451 7th Street, SW., Washington, DC 20410; e-mail
leroy.mckinneyjr@hud.gov or telephone (202) 402-5564 or the number for
the Federal Information Relay Service (1-800-877-8339).
FOR FURTHER INFORMATION CONTACT: Rebecca Lovelace, Accountant,
Multifamily Claims Branch, Department of Housing and Urban Development,
451 7th Street, SW., Washington, DC 20410, e-mail telephone (202) 402-
3987 (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
[[Page 44004]]
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 Mortgagee's Application for Partial
Settlement.
OMB Control Number, if applicable: 2502-0427.
Description of the need for the information and proposed use:
1. When a FHA-insured Multifamily mortgage goes into default,
the Mortgagee may file a claim with the Secretary to receive the
insurance benefits. Statute 12 USC 1713(g)-(r) provides that, * * *
``the Mortgagee shall be entitled to receive the benefits of the
insurance as hereinafter provided, upon assignment, transfer, and
delivery to the Secretary, within a period and in accordance with
rules and regulations to be prescribed by the Secretary of all
rights and interest arising under the mortgage so in default * * *
at its option and in accordance with regulation, and in a period to
be determined by the Secretary, proceed to foreclosure on and obtain
possession of or otherwise acquired such property after default and
receive the benefits of the insurance as herein provided upon prompt
conveyance to the Secretary the title of the property * * * '' The
Mortgagee may receive a portion of the benefits immediately after
the assignment or conveyance.
2. The respondents are only those mortgagees that elect to
assign property to HUD. There are approximately 115 such mortgagees
annually. When the mortgagee notifies HUD of an election to assign a
property to HUD, HUD sends the mortgagee an e-mail with instructions
for submitting its claim (see Attachment 1). This request addresses
only the Application for Partial Settlement. Within 24 to 48 hours
after an assignment or conveyance, the Secretary may pay the
Mortgagee a partial amount of insurance benefits. This payment is
made prior to the examination of the Mortgagee's claim. The
information collected on the subject form, HUD-2537 (Mortgagee's
Application for Partial Settlement-Multifamily Mortgage), provides
the required information to determine the partial amount. This
amount is computed in accordance with the foregoing statutory
provisions and regulations promulgated there under in 24 CFR 207(B),
Contract Rights and Obligations.
Agency form numbers, if applicable: HUD-2537.
Estimation of the total numbers of hours needed to prepare the
information collection including number of respondents, frequency of
response, and hours of response: The number of annual burden hours is
29. The number of respondents is 115 per year, the number of responses
is 115, the frequency of response is on occasion, and the burden hour
per response is .25.
Status of the proposed information collection: This is a request
for renewal of a currently approved collection.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.,
Chapter 35, as amended.
Dated: July 22, 2010.
Ronald Y. Spraker,
Associate General Deputy Assistant Secretary for Housing.
[FR Doc. 2010-18402 Filed 7-26-10; 8:45 am]
BILLING CODE 4210-67-P
