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, 44004 [2010-18414]

Download as PDF 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. VerDate Mar<15>2010 16:30 Jul 26, 2010 Jkt 220001 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 Frm 00090 Fmt 4703 Sfmt 9990 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 E:\FR\FM\27JYN1.SGM 27JYN1

Agencies

[Federal Register Volume 75, Number 143 (Tuesday, July 27, 2010)]
[Notices]
[Page 44004]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2010-18414]


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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

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice of proposed information collection.

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SUMMARY: 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; e-mail: 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 
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-
for-profit 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