Notice of Proposed Information Collection: Comment Request; Ginnie Mae Mortgage-Backed Securities Guide 5500.3, Revision 1 (Forms and Electronic Data Submissions), 37697-37699 [2012-15324]
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37697
Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices
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: Survey and
Collection of Information from HUD
Lead Hazard Control Grantees to
Support HUD and EPA Requirements to
Study the Lowering of the Lead Hazard
Standards and the Lead-Based Paint
Standard.
OMB Control Number: Pending.
Need for the Information and
Proposed Use: Leaded paint in housing
remains as the last major source of lead
exposure to young children. Efforts to
reduce childhood lead poisoning have
focused on controlling lead paint
hazards, specifically lead dust and
deteriorated lead-based paint. Lead
hazard control programs are looking for
ways to make this housing safer without
placing an undue financial burden on
the property owners or tenants.
On August 10, 2009, a petition was
submitted to EPA www.regulations.gov;
search for EPA–HQ–OPPT–2009–0655)
to lower the definition of lead-based
paint in pre-1978 ‘‘target’’ housing to
some value below the current value of
1 mg/cm 2 or 0.5% by weight (42 U.S.C.
4822(c)), and to lower the lead hazard
control standards and clearance
standards for lead in dust on floors and
window sills in such housing and in
pre-1978 child-occupied facilities below
the current values of 40 and 250 mg/ft 2
(micrograms per square foot),
respectively (40 CFR 745.65(b) and
745.227(e)(8)(viii), and 24 CFR
35.1320(b)(2)(i)), and below the current
clearance standard for window troughs
of 400 mg/ft2 (40 CFR 745.227(e)(8)(viii),
and 24 CFR 35.1320(b)(2)(i)). The HUD
Secretary may reduce the level that
defines lead-based paint in target
housing (42 U.S.C. 4822(c)), and the
EPA Administrator identifies the leadbased paint hazard standards (15 U.S.C.
2683), and the lead-based paint standard
in child-occupied facilities.
In a response dated October 22, 2009,
EPA, writing on behalf of itself and
HUD, agreed to study the issues and
decide whether the lead hazard
standards and/or the lead-based paint
standard should be changed, and to
collaborate with HUD on this effort.
(www.epa.gov/oppt/chemtest/pubs/eparesponse.pdf) The Agency and the
Department intend to have identical
standards for the sake of maximizing
their effectiveness in this matter.
One of the issues to be considered is
the ability to actually determine
‘‘clearance’’ (a work area is sufficiently
clean of lead dust) before allowing reoccupancy. The clearance levels for
floors and window sills are the same as
the lead hazard standards. This survey
will question HUD grantees as to their
ability to achieve clearance at the
current level for floors and windowsills,
and whether it would be technically
feasible to achieve clearance at
potentially lower levels.
Agency Form Numbers: None.
Members of Affected Public: HUD
Office of Healthy Homes and Lead
Hazard Control’s Lead-Based Paint
Hazard Control grantees and Lead
Hazard Reduction Demonstration
grantees, and the grantees’ lead hazard
control contractors.
TOTAL BURDEN ESTIMATE
Number of
respondents
Hours per
respondent
Total hours
Complete questionnaire ...
100
16
1600
$32.75
$52,400
$0
$0
$52,400
Total ..........................
100
....................
1600
....................
52,400
0
0
52,400
Requirement
Cost per
hour
Labor cost
Status of the Proposed Information
Collection: New request.
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C. Chapter 35, as amended.
[Docket No. FR–5606–N–01]
Dated: June 15, 2012.
Jon L. Gant,
Director, HUD Office of Healthy Homes and
Lead Hazard Control.
Notice of Proposed Information
Collection: Comment Request; Ginnie
Mae Mortgage-Backed Securities
Guide 5500.3, Revision 1 (Forms and
Electronic Data Submissions)
[FR Doc. 2012–15313 Filed 6–21–12; 8:45 am]
BILLING CODE 4210–67–P
Office of the President of
Government National Mortgage
Association (Ginnie Mae), 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: August 21,
2012.
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SUMMARY:
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Startup cost
O&M cost
Total cost
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:
Colette Pollard, Q, Administrator
Support Specialist, Department of
Housing and Urban Development, 451
7th Street SW., Room 4160, Washington,
DC 20410; email
Colette.Pollard@hud.gov; telephone
(202) 708–0306, ext. 3400. This is not a
toll-free number. Copies of available
documents submitted to OMB may be
obtained from Ms. Pollard.
FOR FURTHER INFORMATION CONTACT:
Debra Murphy, Ginnie Mae, 451 7th
Street SW., Room B–133, Washington,
DC 20410; email—
Debra.L.Murphy@hud.gov; telephone—
(202) 475–4923; fax—(202) 485–0225
(this is not a toll-free number); Victoria
Vargas, Ginnie Mae, 451 7th Street SW.,
Room B–133, Washington, DC 20410;
email—Victoria.Vargas@hud.gov;
ADDRESSES:
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37698
Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices
telephone—(202) 475–6752; fax—(202)
485–0225 (this is not a toll-free
number); or the Ginnie Mae Web site at
www.ginniemae.gov for other available
information.
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 hours 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: Ginnie Mae
Mortgage-Backed Securities Guide
5500.3, Revision 1 (Forms and
Electronic Data Submissions).
OMB Control Number, if applicable:
2503–0033.
Description of the need for the
information and proposed use:
Ginnie Mae’s Mortgage-Backed
Securities Guide 5500.3, Revision 1
(‘‘Guide’’) provides instructions and
guidance to participants in the Ginnie
Mae Mortgage-Backed Securities
(‘‘MBS’’) programs (‘‘Ginnie Mae I and
Ginnie Mae II’’). Under the Ginnie Mae
I program, securities are backed by
single-family or multifamily loans.
Under the Ginnie Mae II program,
securities are only backed by singlefamily loans. Both the Ginnie Mae I and
II MBS are modified pass-through
securities. The Ginnie Mae II multiple
Number of
respondents
Form
Appendix No.
Title
11700 ...............
11701 ...............
II–1 ...................
I–1 ....................
11702 ...............
I–2 ....................
11704 ...............
II–2 ...................
11707 ...............
III–1 ..................
11709 ...............
III–2 ..................
11715 ...............
III–4 ..................
11720 ...............
III–3 ..................
11732 ...............
III–22 ................
Letter of Transmittal .........
Application for Approval
Ginnie Mae MortgageBacked Securities
Issuer.
Resolution of Board of Directors and Certificate of
Authorized Signatures.
Commitment to Guaranty
Mortgage-Backed Securities.
Master Servicing Agreement.
Master Agreement for
Servicer’s Principal and
Interest Custodial Account.
Master Custodial Agreement.
Master Agreement for
Servicer’s Escrow Custodial Account.
Custodian’s Certification
for Construction Securities.
Financial Statements and
Audit Reports.
Mortgage Bankers Financial Reporting Form.
ACH Debit Authorization ..
Issuer’s Monthly Summary
Reports.
Issuer’s Monthly Accounting Report and Liquidation Schedule.
Data Verification Form ......
Electronic Data Interchange System Agreement.
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IX–1 ..................
11709–A ...........
11710 D ...........
I–6 ....................
VI–5 ..................
11710A, 1710B,
1710C
&11710E.
VI–12 ................
III–13 ................
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Frequency
of
responses
per year a
Issuer MBS is structured so that small
issuers, who do not meet the minimum
number of loans and dollar amount
requirements of the Ginnie Mae I MBS,
can participate in the secondary
mortgage market. In addition, the Ginnie
Mae II MBS permits the securitization of
adjustable rate mortgages (‘‘ARMs’’).
In order to provide more relevant
disclosure information on outstanding
Ginnie Mae securities, Ginnie Mae will
be collecting additional information on
the loans backing securities at issuance.
Included in the Guide are the
appendices, forms, and documents
necessary for Ginnie Mae to properly
administer its MBS programs.
Agency form numbers, if applicable:
11700, 11701, 11702, 11704, 11705,
11706, 11707, 11708, 11709, 11709–A,
11710A, 1710–B, 1710–C, 11710D,
11710E, 11711–A, 11711–B, 11714,
11714–SN, 11715, 11720, 11732, 11785.
While most of the calculations are
based on the number of respondents
multiplied by the frequency of response,
there are several items whose
calculations are based on volume.
Total annual
responses
Hours per
response a
Total annual
hours
210
100
4
1
840
100
0.033
1
27.7
100.0
210
1
210
0.08
16.8
210
4
840
0.033
27.7
210
1
210
0.016
3.4
210
1
210
0.033
6.9
210
1
210
0.033
6.9
210
1
210
0.033
6.9
144
1
144
0.016
2.3
210
1
210
1
210.0
350
4
1,400
0.5
700.0
210
210
1
12
210
2,520
0.033
0.033
6.9
83.2
110
1
110
0.5
55.0
210
40
2
1
420
40
0.05
0.166
21.0
6.6
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Federal Register / Vol. 77, No. 121 / Friday, June 22, 2012 / Notices
Form
Number of
respondents
Appendix No.
Title
III–14 ................
Enrollment Administrator
Signatories for Issuers
and Document
Custodians.
Cross Default Agreement
WHFIT Reporting ..............
Monthly Pool and Loan
Level Report (RFS).
I–4 ....................
VI–18 ................
VI–19 ................
Frequency
of
responses
per year a
Total annual
responses
54
1
54
10
210
210
1
4
12
Hours per
response a
2
10
840
2,520
0.05
0.25
4.3
Total annual
hours
108.0
0.5
210.0
10,836.0
The burden for the items listed below is based on volume and/or number of requests.
11705 ...............
III–6 ..................
11706 ...............
III–7 ..................
11708 ...............
V–5 ...................
XI–6, XI–8, XI–9
11711A and
11711B.
III–5 ..................
11714 and
11714SN.
VI–10, VI–11 .....
VI–2 ..................
VII–1 .................
III–21 ................
VI–9 ..................
VIII–3 ................
III–9 ..................
Total ..........
...........................
Schedule of Subscribers
and Ginnie Mae Guaranty Agreement.
Schedule of Pooled Mortgages.
Document Release Request.
Soldiers’ and Sailors’
Quarterly Reimbursement Request and
SSCRA Loan Eligibility
Information.
Release of Security Interest and Certification and
Agreement.
Issuer’s Monthly Remittance Advice and
Issuer’s Monthly Serial
Note Remittance Advice.
Letter for Loan Repurchase.
Collection of Remaining
Principal Balances.
Certification Requirements
for the Pooling of Multifamily Mature Loan Program.
Request for Reimbursement of Mortgage Insurance Claim Costs for
Multifamily Loans.
Assignment Agreements ..
Authorization to Accept
Facsimile Signed Correction Request Forms.
...........................................
210
12
24,800
0.0075
186.0
210
12
24,800
0.0085
210.8
210
1
374
32
4
8,000
0.033
1,056.0
210
1
24,800
0.005
124.0
210
12
56,500
0.016
10,848.0
210
12
420
0.033
13.9
210
12
344,000
11
1
11
0.05
0.6
56
1
56
0.25
14.0
63
210
1
12
63
128
0.13
0.016
8.2
2.0
........................
....................
495,260
0.05
0.0125
..................
18.7
51,600.0
76,518
a Varies.
Authority: Section 3506 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35,
as amended.
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
Dated: June 4, 2012.
Mary K. Kinney,
Executive Vice President, Government
National Mortgage Association.
Notice of Proposed Information
Collection: Comment Request OSHC
Financial Reporting Form
wreier-aviles on DSK7SPTVN1PROD with NOTICES
[FR Doc. 2012–15324 Filed 6–21–12; 8:45 am]
BILLING CODE 4210–67–P
[Docket No. FR–5612–N–01]
Office of Sustainable Housing
and Communities (OSHC), Department
of Housing and Urban Development
(HUD).
ACTION: Notice.
AGENCY:
The proposed information
collection requirement described below
will be submitted to the Office of
Management and Budget (OMB) for
SUMMARY:
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15:20 Jun 21, 2012
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review, as required by the Paperwork
Reduction Act. The Department is
soliciting public comments on the
subject proposal.
The Department of Defense and FullYear Continuing Appropriations Act,
2011 (Pub. L. 112–10, approved April
15, 2011) (Appropriations Act),
provided a total of $100,000,000 to HUD
for a Sustainable Communities Initiative
to improve regional planning efforts that
integrate housing and transportation
decisions, and increase the capacity to
improve land use and zoning. Of that
total, $70,000,000 is available for the
Sustainable Communities Regional
Planning Grant Program, and
E:\FR\FM\22JNN1.SGM
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]]>Agencies
[Federal Register Volume 77, Number 121 (Friday, June 22, 2012)]
[Notices]
[Pages 37697-37699]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-15324]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5606-N-01]
Notice of Proposed Information Collection: Comment Request;
Ginnie Mae Mortgage-Backed Securities Guide 5500.3, Revision 1 (Forms
and Electronic Data Submissions)
AGENCY: Office of the President of Government National Mortgage
Association (Ginnie Mae), 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: August 21, 2012.
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: Colette Pollard, Q, Administrator
Support Specialist, Department of Housing and Urban Development, 451
7th Street SW., Room 4160, Washington, DC 20410; email
Colette.Pollard@hud.gov; telephone (202) 708-0306, ext. 3400. This is
not a toll-free number. Copies of available documents submitted to OMB
may be obtained from Ms. Pollard.
FOR FURTHER INFORMATION CONTACT: Debra Murphy, Ginnie Mae, 451 7th
Street SW., Room B-133, Washington, DC 20410; email_
Debra.L.Murphy@hud.gov; telephone--(202) 475-4923; fax--(202) 485-0225
(this is not a toll-free number); Victoria Vargas, Ginnie Mae, 451 7th
Street SW., Room B-133, Washington, DC 20410; email_
Victoria.Vargas@hud.gov;
[[Page 37698]]
telephone--(202) 475-6752; fax--(202) 485-0225 (this is not a toll-free
number); or the Ginnie Mae Web site at www.ginniemae.gov for other
available information.
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 hours 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: Ginnie Mae Mortgage-Backed Securities Guide
5500.3, Revision 1 (Forms and Electronic Data Submissions).
OMB Control Number, if applicable: 2503-0033.
Description of the need for the information and proposed use:
Ginnie Mae's Mortgage-Backed Securities Guide 5500.3, Revision 1
(``Guide'') provides instructions and guidance to participants in the
Ginnie Mae Mortgage-Backed Securities (``MBS'') programs (``Ginnie Mae
I and Ginnie Mae II''). Under the Ginnie Mae I program, securities are
backed by single-family or multifamily loans. Under the Ginnie Mae II
program, securities are only backed by single-family loans. Both the
Ginnie Mae I and II MBS are modified pass-through securities. The
Ginnie Mae II multiple Issuer MBS is structured so that small issuers,
who do not meet the minimum number of loans and dollar amount
requirements of the Ginnie Mae I MBS, can participate in the secondary
mortgage market. In addition, the Ginnie Mae II MBS permits the
securitization of adjustable rate mortgages (``ARMs'').
In order to provide more relevant disclosure information on
outstanding Ginnie Mae securities, Ginnie Mae will be collecting
additional information on the loans backing securities at issuance.
Included in the Guide are the appendices, forms, and documents
necessary for Ginnie Mae to properly administer its MBS programs.
Agency form numbers, if applicable: 11700, 11701, 11702, 11704,
11705, 11706, 11707, 11708, 11709, 11709-A, 11710A, 1710-B, 1710-C,
11710D, 11710E, 11711-A, 11711-B, 11714, 11714-SN, 11715, 11720, 11732,
11785.
While most of the calculations are based on the number of
respondents multiplied by the frequency of response, there are several
items whose calculations are based on volume.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Frequency
of Hours per
Form Appendix No. Title Number of responses Total annual response Total annual
respondents per year responses \a\ hours
\a\
--------------------------------------------------------------------------------------------------------------------------------------------------------
11700........................... II-1.................... Letter of 210 4 840 0.033 27.7
Transmittal.
11701........................... I-1..................... Application for 100 1 100 1 100.0
Approval Ginnie
Mae Mortgage-
Backed Securities
Issuer.
11702........................... I-2..................... Resolution of Board 210 1 210 0.08 16.8
of Directors and
Certificate of
Authorized
Signatures.
11704........................... II-2.................... Commitment to 210 4 840 0.033 27.7
Guaranty Mortgage-
Backed Securities.
11707........................... III-1................... Master Servicing 210 1 210 0.016 3.4
Agreement.
11709........................... III-2................... Master Agreement 210 1 210 0.033 6.9
for Servicer's
Principal and
Interest Custodial
Account.
11715........................... III-4................... Master Custodial 210 1 210 0.033 6.9
Agreement.
11720........................... III-3................... Master Agreement 210 1 210 0.033 6.9
for Servicer's
Escrow Custodial
Account.
11732........................... III-22.................. Custodian's 144 1 144 0.016 2.3
Certification for
Construction
Securities.
IX-1.................... Financial 210 1 210 1 210.0
Statements and
Audit Reports.
Mortgage Bankers 350 4 1,400 0.5 700.0
Financial
Reporting Form.
11709-A......................... I-6..................... ACH Debit 210 1 210 0.033 6.9
Authorization.
11710 D......................... VI-5.................... Issuer's Monthly 210 12 2,520 0.033 83.2
Summary Reports.
11710A, 1710B, 1710C &11710E.... VI-12................... Issuer's Monthly 110 1 110 0.5 55.0
Accounting Report
and Liquidation
Schedule.
Data Verification 210 2 420 0.05 21.0
Form.
III-13.................. Electronic Data 40 1 40 0.166 6.6
Interchange System
Agreement.
[[Page 37699]]
III-14.................. Enrollment 54 1 54 2 108.0
Administrator
Signatories for
Issuers and
Document
Custodians.
I-4..................... Cross Default 10 1 10 0.05 0.5
Agreement.
VI-18................... WHFIT Reporting.... 210 4 840 0.25 210.0
VI-19................... Monthly Pool and 210 12 2,520 4.3 10,836.0
Loan Level Report
(RFS).
--------------------------------------------------------------------------------------------------------------------------------------------------------
The burden for the items listed below is based on volume and/or number of requests.
--------------------------------------------------------------------------------------------------------------------------------------------------------
11705........................... III-6................... Schedule of 210 12 24,800 0.0075 186.0
Subscribers and
Ginnie Mae
Guaranty Agreement.
11706........................... III-7................... Schedule of Pooled 210 12 24,800 0.0085 210.8
Mortgages.
11708........................... V-5..................... Document Release 210 1 374 0.05 18.7
Request.
XI-6, XI-8, XI-9........ Soldiers' and 32 4 8,000 0.033 1,056.0
Sailors' Quarterly
Reimbursement
Request and SSCRA
Loan Eligibility
Information.
11711A and 11711B............... III-5................... Release of Security 210 1 24,800 0.005 124.0
Interest and
Certification and
Agreement.
11714 and 11714SN............... VI-10, VI-11............ Issuer's Monthly 210 12 56,500 0.016 10,848.0
Remittance Advice
and Issuer's
Monthly Serial
Note Remittance
Advice.
VI-2.................... Letter for Loan 210 12 420 0.033 13.9
Repurchase.
VII-1................... Collection of 210 12 344,000 0.0125 51,600.0
Remaining
Principal Balances.
III-21.................. Certification 11 1 11 0.05 0.6
Requirements for
the Pooling of
Multifamily Mature
Loan Program.
VI-9.................... Request for 56 1 56 0.25 14.0
Reimbursement of
Mortgage Insurance
Claim Costs for
Multifamily Loans.
VIII-3.................. Assignment 63 1 63 0.13 8.2
Agreements.
III-9................... Authorization to 210 12 128 0.016 2.0
Accept Facsimile
Signed Correction
Request Forms.
--------------------------------------------------------------------------------------------------------------------------------------------------------
Total....................... ........................ ................... .............. ........... 495,260 .......... 76,518
--------------------------------------------------------------------------------------------------------------------------------------------------------
\a\ Varies.
Authority: Section 3506 of the Paperwork Reduction Act of 1995,
44 U.S.C. Chapter 35, as amended.
Dated: June 4, 2012.
Mary K. Kinney,
Executive Vice President, Government National Mortgage Association.
[FR Doc. 2012-15324 Filed 6-21-12; 8:45 am]
BILLING CODE 4210-67-P
