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]
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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:
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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
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[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]
-----------------------------------------------------------------------
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.
-----------------------------------------------------------------------
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
