Notice of Submission of Proposed Information Collection to OMB Ginnie Mae Multiclass Securities Program Documents, 21393-21395 [2013-08271]

Download as PDF 21393 Federal Register / Vol. 78, No. 69 / Wednesday, April 10, 2013 / Notices the Owner, the project, the type of disbursement being requested, the items to be covered by the disbursement, and the name of the depository holding the Number of respondents Reporting burden: ....................................................................... Total estimated burden hours: 258. Status: Extension without change a currently approved collection. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 35, as amended. Dated: April 3, 2013. Colette Pollard, Department Reports Management Officer, Office of the Chief Information Officer. [FR Doc. 2013–08273 Filed 4–9–13; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5692–N–01] Notice of Submission of Proposed Information Collection to OMB; Standardized Form for Collecting Information Regarding Race and Ethnic Data Office of Strategic Planning and Management, HUD. ACTION: Notice of proposed information collection. 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. HUD is soliciting public comments on the subject proposal. DATES: Comments Due Date: June 10, 2013 . ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval number (2535–0113) and should be sent to: Colette Pollard, Departmental Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street SW., Washington, DC 20410; Telephone (202) 402–4300, (this is not a toll-free number) or email Ms. Pollard at Colette.Pollard@hud.gov; for a copy of the proposed form and other available information. FOR FURTHER INFORMATION CONTACT: Dorthera Yorkshire, Grants Management and Oversight Division, Office of Strategic Planning and Management Department of Housing and Urban Development, 451 7th Street SW., Room TKELLEY on DSK3SPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 17:59 Apr 09, 2013 Jkt 229001 Annual responses 258 2 3156, Washington, DC 20410; email: Dorthera.Yorkshire@hud.gov; telephone (202) 402–4336; Fax (202) 708–0531 (this is not a toll-free number) for other available information. If you are a hearing-or-speech-impaired person, you may reach the above telephone numbers through TTY by calling the toll-free Federal Relay Service at 1–800–877– 8339. SUPPLEMENTARY INFORMATION: This notice informs the public that HUD has submitted to OMB a request for approval of the Information collection described below. This notice is soliciting comments from members of the public and affecting 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: Standardized Form for Collecting Information Regarding Race and Ethnic Data. OMB Control Number if applicable: 2535–0113. Description of the need for the information and proposed use: HUD’s standardized form for the Collection of Race and Ethnic Data complies with OMB’s revised standards for Federal Agencies issued, October 30, 1997. These standards apply to HUD Program Office and partners that collect, maintain, and report Federal Data on race and ethnicity for program administrative reporting. Agency form numbers, if applicable: HUD–27061, identified on Grants.gov as HUD Race Ethnic Form. Members of Affected Public: Individuals or Households, Business or other-for-profit, Not-for-profit PO 00000 Frm 00056 Owner’s bank account, including the account number. Fmt 4703 Sfmt 4703 × Hours per response = 0.2 Burden hours 258 institutions, State, Local or Tribal Government. Estimation of the total number of hours needed to prepare the information collection including number of responses, frequency of responses, and hours of responses: This proposal will result in no significant increase in the current information collection burden. An estimation of the total number of hours needed to provide the information for each grant application is 1 hour; however, the burden will be assessed against each individual grant program submission under the Paperwork Reduction Act; number of respondents is an estimated 11,000; 60% of responses will be quarterly and 40% annually. 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: April 1, 2013. Anne Morillon, Director, Grants Management and Oversight Division, Office of Strategic Planning and Management. [FR Doc. 2013–08269 Filed 4–9–13; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5683–N–29] Notice of Submission of Proposed Information Collection to OMB Ginnie Mae Multiclass Securities Program Documents Office of the Chief Information Officer, HUD. ACTION: Notice. AGENCY: The proposed information collection requirement described below has been submitted to the Office of Management and Budget (OMB) for review, as required by the Paperwork Reduction Act. HUD is soliciting public comments on the subject proposal. This information collection is required in connection with the operation of the Ginnie Mae Multiclass Securities Program. Ginnie Mae’s authority to guarantee multiclass instruments is contained in 306(g)(1) of the National Housing Act (‘‘NHA’’) (12 SUMMARY: E:\FR\FM\10APN1.SGM 10APN1 21394 Federal Register / Vol. 78, No. 69 / Wednesday, April 10, 2013 / Notices U.S.C. 1721(g)(1)), which authorizes Ginnie Mae to guarantee ‘‘securities based on or backed by a trust or pool composed of mortgages’’ Multiclass securities are backed by Ginnie Mae securities, which are backed by government insured or guaranteed mortgages. Ginnie Mae’s authority to operate a Multiclass Securities Program is recognized in Section 3004 of the Omnibus Budget econciliation Act of 1993 (‘‘OBRA’’), which amended 306(g)(3) of the NHA (12 U.S.C. 1271(g)(3)) to provide Ginnie Mae with greater flexibility for the Multiclass Securities Program regarding fee structure, contracting, industry consultation, and program implementation. Congress annually sets Ginnie Mae’s commitment authority to guarantee mortgage-backed securities (‘‘MBS’’) pursuant to 306(G)(2) of the NHA (12 U.S.C. 1271(g)(2)). Since the multiclass are backed by Ginnie Mae Single Class MBS, Ginnie Mae has already guaranteed the collateral for the multiclass instruments. The Ginnie Mae Multiclass Securities Program consists of Ginnie Mae Real Estate Mortgage Investment Conduit (‘‘REMIC’’) securities, Stripped Mortgage-Backed Securities (‘‘SMBS’’), and Platinum securities. The Multiclass Securities program provides an important adjunct to Ginnie Mae’s secondary mortgage market activities, allowing the private sector to combine and restructure cash flows from Ginnie Mae Single Class MBS into securities that meet unique investor requirements in connection with yield, maturity, and call-option protection. The intent of the Multiclass Securities Program is to increase liquidity in the secondary mortgage market and to attract new sources of capital for federally insured or guaranteed loans. Under this program, Ginnie Mae guarantees, with the full faith and credit of the United States, the timely payment of principal and interest on Ginnie Mae REMIC, SMBS and Platinum securities. DATES: Comments Due Date: May 10, 2013. ADDRESSES: Interested persons are invited to submit comments regarding this proposal. Comments should refer to the proposal by name and/or OMB approval Number (2503–0030) and should be sent to: HUD Desk Officer, Office of Management and Budget, New Executive Office Building, Washington, DC 20503; fax: 202–395–5806. Email: OIRA_Submission@omb.eop.gov fax: 202–395–5806. FOR FURTHER INFORMATION CONTACT: Colette Pollard., Reports Management Officer, QDAM, Department of Housing and Urban Development, 451 Seventh Street SW., Washington, DC 20410; email Colette Pollard at Colette.Pollard@hud.gov. or telephone (202) 402–3400. This is not a toll-free number. Copies of available documents submitted to OMB may be obtained from Ms. Pollard. SUPPLEMENTARY INFORMATION: This notice informs the public that the Department of Housing and Urban Development has submitted to OMB a request for approval of the Information collection described below. This notice is soliciting comments from members of the public and affecting 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 Proposed: Ginnie Mae Multiclass Securities Program Documents. OMB Approval Number: 2503–0030. Form Numbers: None. Description of the need for the information and proposed use: This information collection is required in connection with the operation of the Ginnie Mae Multiclass Securities Program. Ginnie Mae’s authority to guarantee multiclass instruments is contained in 306(g)(1) of the National Housing Act (‘‘NHA’’) (12 U.S.C. 1721(g)(1)), which authorizes Ginnie Mae to guarantee ‘‘securities based on or backed by a trust or pool composed of mortgages’’ Multiclass securities are backed by Ginnie Mae securities, which are backed by government insured or guaranteed mortgages. Ginnie Mae’s authority to operate a Multiclass Securities Program is recognized in Section 3004 of the Omnibus Budget econciliation Act of 1993 (‘‘OBRA’’), which amended 306(g)(3) of the NHA (12 U.S.C. 1271(g)(3)) to provide Ginnie Mae with greater flexibility for the Multiclass Securities Program regarding fee structure, contracting, industry consultation, and program implementation. Congress annually sets Ginnie Mae’s commitment authority to guarantee mortgage-backed securities (‘‘MBS’’) pursuant to 306(G)(2) of the NHA (12 U.S.C. 1271(g)(2)). Since the multiclass are backed by Ginnie Mae Single Class MBS, Ginnie Mae has already guaranteed the collateral for the multiclass instruments. The Ginnie Mae Multiclass Securities Program consists of Ginnie Mae Real Estate Mortgage Investment Conduit (‘‘REMIC’’) securities, Stripped Mortgage-Backed Securities (‘‘SMBS’’), and Platinum securities. The Multiclass Securities program provides an important adjunct to Ginnie Mae’s secondary mortgage market activities, allowing the private sector to combine and restructure cash flows from Ginnie Mae Single Class MBS into securities that meet unique investor requirements in connection with yield, maturity, and call-option protection. The intent of the Multiclass Securities Program is to increase liquidity in the secondary mortgage market and to attract new sources of capital for federally insured or guaranteed loans. Under this program, Ginnie Mae guarantees, with the full faith and credit of the United States, the timely payment of principal and interest on Ginnie Mae REMIC, SMBS and Platinum securities. TKELLEY on DSK3SPTVN1PROD with NOTICES Number of respondents Annual responses 15 8 Reporting Burden: ............................................................................. VerDate Mar<15>2010 17:59 Apr 09, 2013 Jkt 229001 PO 00000 Frm 00057 Fmt 4703 Sfmt 4703 E:\FR\FM\10APN1.SGM × Hours per response 141.108 10APN1 = Burden hours 16,933 Federal Register / Vol. 78, No. 69 / Wednesday, April 10, 2013 / Notices Total estimated burden hours: 16,933. Status: Revision of currently approved collection. Authority: Section 3507 of the Paperwork Reduction Act of 1995, 44 U.S.C. 35, as amended. Dated: April 3, 2013. Colette Pollard, Department Reports Management Officer, Office of the Chief Information Officer. [FR Doc. 2013–08271 Filed 4–9–13; 8:45 am] BILLING CODE 4210–67–P DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR–5600–FA–19] Announcement of Funding Awards, Choice Neighborhoods Grant Program, Fiscal Year 2012 Office of the Assistant Secretary for Public and Indian Housing and Office of Multifamily Programs, HUD. ACTION: Announcement of funding awards. AGENCY: In accordance with Section 102(a)(4)(C) of the Department of Housing and Urban Development Reform Act of 1989, this announcement notifies the public of funding decisions made by the Department in a competition for funding under the Fiscal Year 2012 (FY2012) Notice of Funding Availability (NOFA) for the Choice Neighborhoods Planning Grants and the FY2012 NOFA for Choice Neighborhoods Implementation Grants. This announcement contains the consolidated names and addresses of these award recipients under the Choice Neighborhoods Grant Program for FY2012. SUMMARY: For questions concerning the Choice Neighborhoods Grant Program awards, contact Ms. Mindy Turbov, Director of the Choice Neighborhoods Program, Office of Public Housing Investments, 451 7th Street SW., Room 4130, Washington, DC 20410, telephone (202) 401–8812. Hearing or speech-impaired individuals may access this number via TTY by calling the toll-free Federal FOR FURTHER INFORMATION CONTACT: Information Relay Service at (800) 877– 8339. SUPPLEMENTARY INFORMATION: Building upon the successes achieved and the lessons learned from the HOPE VI program, the Choice Neighborhoods Program employs a comprehensive approach to community development centered on housing transformation. The program aims to transform neighborhoods of poverty into viable mixed-income neighborhoods with access to economic opportunities by revitalizing severely distressed public and assisted housing and investing and leveraging investments in wellfunctioning services, effective schools and education programs, public assets, public transportation, and improved access to jobs. Choice Neighborhoods grants primarily funds the transformation of public and/or HUDassisted housing developments through preservation, rehabilitation, and management improvements as well as demolition and new construction. In addition, these funds can be used on a limited basis (and combined with other funding) for improvements to the surrounding community, public services, facilities, assets and supportive services. Choice Neighborhoods grant funds are intended to catalyze other investments that will be directed toward necessary community improvements. For FY2012, HUD awarded two types of grants for the Choice Neighborhoods Initiative: Planning Grants and Implementation Grants. (1) Planning Grants enable those communities that are not yet able to fully undertake a successful neighborhood transformation to build the capacity to do so, with the Federal government supporting their endeavors and incentivizing local support. The Planning Grants enable more communities to create a rigorously developed plan and build support necessary for neighborhood transformation to be successful. (2) Implementation Grants provide a significant amount of Federal support to those communities that have undergone a comprehensive local planning process and are now moving forward with their ‘‘Transformation Plan’’ to redevelop the neighborhood. TKELLEY on DSK3SPTVN1PROD with NOTICES The FY2012 Choice Neighborhoods Planning Grant awards totaled $4,950,000 and 17 applicants were selected for funding in a competition, the results of which were announced on October 11, 2012. At that time, and in addition to the applicant and Congressional notification processes, the grantees were posted to the HUD Web site at: http://portal.hud.gov/ hudportal/HUD?src=/press/ press_releases_media_advisories/2012/ HUDNo.12–164 and http:// portal.hud.gov/hudportal/HUD?src=/ program_offices/ public_indian_housing/programs/ph/ cn/planninggrants. Applications were scored and selected for funding based on the selection criteria in the FY2012 Choice Neighborhoods Planning Grant NOFA. The FY2012 Choice Neighborhoods Implementation Grant awards totaled $108,980,000 and four applicants were selected for funding in a competition, the results of which were announced on December 13, 2012. At that time, and in addition to the applicant and Congressional notification processes, the grantees were posted to the HUD Web site at: http://portal.hud.gov/ hudportal/HUD?src=/press/ press_releases_media_advisories/2012/ HUDNo.12–193 and http:// portal.hud.gov/hudportal/HUD?src=/ program_offices/ public_indian_housing/programs/ph/ cn/grants. Applications were scored and selected for funding based on the selection criteria in the FY2012 Choice Neighborhoods Implementation Grant NOFA. In accordance with Section 102 (a)(4)(C) of the Department of Housing and Urban Development Reform Act of 1989 (103 Stat.1987, 42 U.S.C. 3545), the Department is publishing the names, addresses, and amounts of the Choice Neighborhoods awards made under the competition in Appendix A to this document. Dated: April 4, 2013. Sandra B. Henriquez, Assistant Secretary for Public and Indian Housing. Appendix A Amount funded Choice Neighborhoods Planning lead grantee name and contact information Boston Housing Authority, 52 Chauncy Street, Boston, MA 02111–2325 ......................... $300,000 BRIDGE Housing Corporation, 345 Spear Street, Suite 700, San Francisco, CA 94105– 1673 (project is located in San Francisco, CA). City of Roanoke Redevelopment and Housing Authority, 2624 Salem Turnpike NW., Roanoke, VA 24017–5334. 300,000 VerDate Mar<15>2010 17:59 Apr 09, 2013 Jkt 229001 PO 00000 Frm 00058 Fmt 4703 Sfmt 4703 21395 200,000 E:\FR\FM\10APN1.SGM Project funded Whittier Street Apartments; Whittier neighborhood. Potrero Terrace and Potrero Annex; South Potrero neighborhood. Lansdown Park and Melrose Towers; Loudon-Melrose/Shenandoah West neighborhood. 10APN1

Agencies

[Federal Register Volume 78, Number 69 (Wednesday, April 10, 2013)]
[Notices]
[Pages 21393-21395]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-08271]


-----------------------------------------------------------------------

DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

[Docket No. FR-5683-N-29]


Notice of Submission of Proposed Information Collection to OMB 
Ginnie Mae Multiclass Securities Program Documents

AGENCY: Office of the Chief Information Officer, HUD.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The proposed information collection requirement described 
below has been submitted to the Office of Management and Budget (OMB) 
for review, as required by the Paperwork Reduction Act. HUD is 
soliciting public comments on the subject proposal.
    This information collection is required in connection with the 
operation of the Ginnie Mae Multiclass Securities Program. Ginnie Mae's 
authority to guarantee multiclass instruments is contained in 306(g)(1) 
of the National Housing Act (``NHA'') (12

[[Page 21394]]

U.S.C. 1721(g)(1)), which authorizes Ginnie Mae to guarantee 
``securities based on or backed by a trust or pool composed of 
mortgages'' Multiclass securities are backed by Ginnie Mae securities, 
which are backed by government insured or guaranteed mortgages. Ginnie 
Mae's authority to operate a Multiclass Securities Program is 
recognized in Section 3004 of the Omnibus Budget econciliation Act of 
1993 (``OBRA''), which amended 306(g)(3) of the NHA (12 U.S.C. 
1271(g)(3)) to provide Ginnie Mae with greater flexibility for the 
Multiclass Securities Program regarding fee structure, contracting, 
industry consultation, and program implementation. Congress annually 
sets Ginnie Mae's commitment authority to guarantee mortgage-backed 
securities (``MBS'') pursuant to 306(G)(2) of the NHA (12 U.S.C. 
1271(g)(2)). Since the multiclass are backed by Ginnie Mae Single Class 
MBS, Ginnie Mae has already guaranteed the collateral for the 
multiclass instruments. The Ginnie Mae Multiclass Securities Program 
consists of Ginnie Mae Real Estate Mortgage Investment Conduit 
(``REMIC'') securities, Stripped Mortgage-Backed Securities (``SMBS''), 
and Platinum securities. The Multiclass Securities program provides an 
important adjunct to Ginnie Mae's secondary mortgage market activities, 
allowing the private sector to combine and restructure cash flows from 
Ginnie Mae Single Class MBS into securities that meet unique investor 
requirements in connection with yield, maturity, and call-option 
protection. The intent of the Multiclass Securities Program is to 
increase liquidity in the secondary mortgage market and to attract new 
sources of capital for federally insured or guaranteed loans. Under 
this program, Ginnie Mae guarantees, with the full faith and credit of 
the United States, the timely payment of principal and interest on 
Ginnie Mae REMIC, SMBS and Platinum securities.

DATES: Comments Due Date: May 10, 2013.

ADDRESSES: Interested persons are invited to submit comments regarding 
this proposal. Comments should refer to the proposal by name and/or OMB 
approval Number (2503-0030) and should be sent to: HUD Desk Officer, 
Office of Management and Budget, New Executive Office Building, 
Washington, DC 20503; fax: 202-395-5806. Email: OIRA_Submission@omb.eop.gov fax: 202-395-5806.

FOR FURTHER INFORMATION CONTACT: Colette Pollard., Reports Management 
Officer, QDAM, Department of Housing and Urban Development, 451 Seventh 
Street SW., Washington, DC 20410; email Colette Pollard at 
Colette.Pollard@hud.gov. or telephone (202) 402-3400. This is not a 
toll-free number. Copies of available documents submitted to OMB may be 
obtained from Ms. Pollard.

SUPPLEMENTARY INFORMATION: This notice informs the public that the 
Department of Housing and Urban Development has submitted to OMB a 
request for approval of the Information collection described below. 
This notice is soliciting comments from members of the public and 
affecting 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 Proposed: Ginnie Mae Multiclass Securities Program 
Documents.
    OMB Approval Number: 2503-0030.
    Form Numbers: None.
    Description of the need for the information and proposed use: This 
information collection is required in connection with the operation of 
the Ginnie Mae Multiclass Securities Program. Ginnie Mae's authority to 
guarantee multiclass instruments is contained in 306(g)(1) of the 
National Housing Act (``NHA'') (12 U.S.C. 1721(g)(1)), which authorizes 
Ginnie Mae to guarantee ``securities based on or backed by a trust or 
pool composed of mortgages'' Multiclass securities are backed by Ginnie 
Mae securities, which are backed by government insured or guaranteed 
mortgages. Ginnie Mae's authority to operate a Multiclass Securities 
Program is recognized in Section 3004 of the Omnibus Budget 
econciliation Act of 1993 (``OBRA''), which amended 306(g)(3) of the 
NHA (12 U.S.C. 1271(g)(3)) to provide Ginnie Mae with greater 
flexibility for the Multiclass Securities Program regarding fee 
structure, contracting, industry consultation, and program 
implementation. Congress annually sets Ginnie Mae's commitment 
authority to guarantee mortgage-backed securities (``MBS'') pursuant to 
306(G)(2) of the NHA (12 U.S.C. 1271(g)(2)). Since the multiclass are 
backed by Ginnie Mae Single Class MBS, Ginnie Mae has already 
guaranteed the collateral for the multiclass instruments. The Ginnie 
Mae Multiclass Securities Program consists of Ginnie Mae Real Estate 
Mortgage Investment Conduit (``REMIC'') securities, Stripped Mortgage-
Backed Securities (``SMBS''), and Platinum securities. The Multiclass 
Securities program provides an important adjunct to Ginnie Mae's 
secondary mortgage market activities, allowing the private sector to 
combine and restructure cash flows from Ginnie Mae Single Class MBS 
into securities that meet unique investor requirements in connection 
with yield, maturity, and call-option protection. The intent of the 
Multiclass Securities Program is to increase liquidity in the secondary 
mortgage market and to attract new sources of capital for federally 
insured or guaranteed loans. Under this program, Ginnie Mae guarantees, 
with the full faith and credit of the United States, the timely payment 
of principal and interest on Ginnie Mae REMIC, SMBS and Platinum 
securities.

----------------------------------------------------------------------------------------------------------------
                                         Number of          Annual             Hours per
                                        respondents       responses      x      response      =    Burden hours
----------------------------------------------------------------------------------------------------------------
Reporting Burden:...................              15                8   ..         141.108   ..          16,933
----------------------------------------------------------------------------------------------------------------


[[Page 21395]]

    Total estimated burden hours: 16,933.
    Status: Revision of currently approved collection.

    Authority: Section 3507 of the Paperwork Reduction Act of 1995, 
44 U.S.C. 35, as amended.

    Dated: April 3, 2013.
Colette Pollard,
Department Reports Management Officer, Office of the Chief Information 
Officer.
[FR Doc. 2013-08271 Filed 4-9-13; 8:45 am]
BILLING CODE 4210-67-P