Notice of Proposed Information Collection: Comment Request Direct Endorsement Underwriter/HUD Reviewer-Analysis of Appraisal Report, 45649 [2012-18815]
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Federal Register / Vol. 77, No. 148 / Wednesday, August 1, 2012 / Notices
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5607–N–23]
Notice of Proposed Information
Collection: Comment Request Direct
Endorsement Underwriter/HUD
Reviewer—Analysis of Appraisal
Report
Office of the Assistant
Secretary for Housing-Federal Housing
Commissioner, 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: October 1,
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:
Reports Liaison Officer, Department of
Housing and Urban Development, 451
7th Street SW., Washington, DC 20410,
Room 9120 or the number for the
Federal Information Relay Service (1–
800–877–8339).
FOR FURTHER INFORMATION CONTACT:
Karin Hill, Office of Single Family
Program Development, Department of
Housing and Urban Development, 451
7th Street SW., Washington, DC 20410,
telephone (202) 708–2121 (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
the use of appropriate automated
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SUMMARY:
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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: Direct Endorsement
Underwriter/HUD Reviewer—Analysis
of Appraisal Report.
OMB Control Number, if applicable:
2502–0477.
Description of the need for the
information and proposed use: The
Department requires Direct
Endorsement Underwriters to maintain
responsibility for the appraisal and the
appraised value. When the DE
Underwriter disagrees with the value
conclusion and cannot reach the
appraiser or the appraiser refuses to
change the appraisal, the Department
allows the DE Underwriter to make
changes and requires the underwriter to
do so on the HUD 54114. The
information collected is used by FHA to
monitor the quality of the lender’s
analysis of the appraisal report, identify
areas of weakness for future training,
and removing lenders that consistently
exhibits careless underwriting and
subsequently affect the risk to the
Department.
Agency form numbers, if applicable:
HUD–54114.
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 estimated total
number of burden hours needed to
prepare the information collection is
27,916; the number of respondents is
127,000 generating approximately
127,000 annual responses; the frequency
of response is on occasion; and the
estimated time needed to prepare the
response is .05 hour per response.
Status of the proposed information
collection: Extension of a currently
approved collection.
Authority: The Paperwork Reduction Act
of 1995, 44 U.S.C., chapter 35, as amended.
Dated: July 24, 2012.
William A. Glavin,
Acting General Deputy Assistant Secretary
for Housing-Acting General Deputy Federal
Housing Commissioner.
[FR Doc. 2012–18815 Filed 7–31–12; 8:45 am]
BILLING CODE 4210–67–P
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45649
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5609–N–07]
Notice of Proposed Information
Collection for Public Comment on the
Assessment of Native American,
Alaska Native and Native Hawaiian
Housing Needs
Office of Policy Development
and Research, 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: October 1,
2012.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name and should be
sent to: Reports Liaison Officer, Office
of Policy Development and Research,
Department of Housing and Urban
Development, 451 Seventh Street SW.,
Room 8230, Washington, DC 20410.
FOR FURTHER INFORMATION CONTACT:
Jennifer Stoloff, Department of Housing
and Urban Development, Office of
Policy Development and Research, 451
7th Street SW., Room 8120, Washington
DC 20401; telephone (202) 402–5723,
(this is not a toll free number). Copies
of the proposed data collection
instruments and other available
documents may be obtained from Dr.
Stoloff.
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 if
the information will have practical
utility; (2) Evaluate the accuracy of the
agency’s estimate of the burden of
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
SUMMARY:
E:\FR\FM\01AUN1.SGM
01AUN1
]]>Agencies
[Federal Register Volume 77, Number 148 (Wednesday, August 1, 2012)]
[Notices]
[Page 45649]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2012-18815]
[[Page 45649]]
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DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5607-N-23]
Notice of Proposed Information Collection: Comment Request Direct
Endorsement Underwriter/HUD Reviewer--Analysis of Appraisal Report
AGENCY: Office of the Assistant Secretary for Housing-Federal Housing
Commissioner, 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: October 1, 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: Reports Liaison Officer,
Department of Housing and Urban Development, 451 7th Street SW.,
Washington, DC 20410, Room 9120 or the number for the Federal
Information Relay Service (1-800-877-8339).
FOR FURTHER INFORMATION CONTACT: Karin Hill, Office of Single Family
Program Development, Department of Housing and Urban Development, 451
7th Street SW., Washington, DC 20410, telephone (202) 708-2121 (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 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: Direct Endorsement Underwriter/HUD Reviewer--
Analysis of Appraisal Report.
OMB Control Number, if applicable: 2502-0477.
Description of the need for the information and proposed use: The
Department requires Direct Endorsement Underwriters to maintain
responsibility for the appraisal and the appraised value. When the DE
Underwriter disagrees with the value conclusion and cannot reach the
appraiser or the appraiser refuses to change the appraisal, the
Department allows the DE Underwriter to make changes and requires the
underwriter to do so on the HUD 54114. The information collected is
used by FHA to monitor the quality of the lender's analysis of the
appraisal report, identify areas of weakness for future training, and
removing lenders that consistently exhibits careless underwriting and
subsequently affect the risk to the Department.
Agency form numbers, if applicable: HUD-54114.
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 estimated total number of burden
hours needed to prepare the information collection is 27,916; the
number of respondents is 127,000 generating approximately 127,000
annual responses; the frequency of response is on occasion; and the
estimated time needed to prepare the response is .05 hour per response.
Status of the proposed information collection: Extension of a
currently approved collection.
Authority: The Paperwork Reduction Act of 1995, 44 U.S.C.,
chapter 35, as amended.
Dated: July 24, 2012.
William A. Glavin,
Acting General Deputy Assistant Secretary for Housing-Acting General
Deputy Federal Housing Commissioner.
[FR Doc. 2012-18815 Filed 7-31-12; 8:45 am]
BILLING CODE 4210-67-P
