60-Day Notice of Proposed Information Collection: FHA Adjustable Rate Mortgages (ARMS), 60016-60017 [2016-20954]
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60016
ACTION:
Federal Register / Vol. 81, No. 169 / Wednesday, August 31, 2016 / Notices
Notice.
HUD is seeking approval from
the Office of Management and Budget
(OMB) for the information collection
described below. In accordance with the
Paperwork Reduction Act, HUD is
requesting comment from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for 60 days of public
comment.
DATES: Comments Due Date: October 31,
2016.
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, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 7th Street
SW., Room 4176, Washington, DC
20410–5000; telephone 202–402–3400
(this is not a toll-free number) or email
at Colette.Pollard@hud.gov for a copy of
the proposed forms or other available
information. Persons with hearing or
speech impairments may access this
number through TTY by calling the tollfree Federal Relay Service at (800) 877–
8339.
FOR FURTHER INFORMATION CONTACT:
Daniel J. Sullivan, Acting Director,
Office of Multifamily Housing
Development, Department of Housing
and Urban Development, 451 7th Street
SW., Washington, DC 20410; email
Daniel J. Sullivan, at Daniel.J.Sullivan@
hud.gov or telephone 202–402–1142.
This is not a toll-free number. Persons
with hearing or speech impairments
may access this number through TTY by
calling the toll-free Federal Relay
Service at (800) 877–8339.
Copies of available documents
submitted to OMB may be obtained
from Ms. Pollard.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD is
seeking approval from OMB for the
information collection described in
Section A.
mstockstill on DSK3G9T082PROD with NOTICES
SUMMARY:
A. Overview of Information Collection
Title of Information Collection: FHAApplication for Insurance of Advance of
Mortgage Proceeds.
OMB Approval Number: 2502–0097.
Type of Request: Extension of a
currently approved collection.
Form Number: HUD–92403.
Description of the need for the
information and proposed use: To
indicate to the mortgagee amounts
approved for advance and mortgage
insurance.
Respondents (i.e. affected public):
Business or other for profit.
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Estimated Number of Respondents:
873.
Estimated Number of Responses:
26,190.
Frequency of Response: As needed.
Average Hours per Response: 2 hours.
Total Estimated Burden: 52,380.
B. Solicitation of Public Comment
This notice is soliciting comments
from members of the public and affected
parties concerning the collection of
information described in Section A on
the following:
(1) 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) The accuracy of the agency’s
estimate of the burden of the proposed
collection of information;
(3) Ways to enhance the quality,
utility, and clarity of the information to
be collected; and
(4) Ways to 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.
HUD encourages interested parties to
submit comment in response to these
questions.
Authority: Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35.
Dated: August 24, 2016.
Janet M. Golrick,
Associate General Deputy Assistant Secretary
for Housing—Associate Deputy Federal
Housing Commissioner.
[FR Doc. 2016–20953 Filed 8–30–16; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5913–N–21]
60-Day Notice of Proposed Information
Collection: FHA Adjustable Rate
Mortgages (ARMS)
Office of the Assistant
Secretary for Housing—Federal Housing
Commissioner, HUD.
ACTION: Notice.
AGENCY:
HUD is seeking approval from
the Office of Management and Budget
(OMB) for the information collection
described below. In accordance with the
Paperwork Reduction Act, HUD is
requesting comment from all interested
parties on the proposed collection of
information. The purpose of this notice
is to allow for 60 days of public
comment.
SUMMARY:
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DATES:
Comments Due Date: October 31,
2016.
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, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 7th Street
SW., Room 4176, Washington, DC
20410–5000; telephone 202–402–3400
(this is not a toll-free number) or email
at Colette.Pollard@hud.gov for a copy of
the proposed forms or other available
information. Persons with hearing or
speech impairments may access this
number through TTY by calling the tollfree Federal Relay Service at (800) 877–
8339.
FOR FURTHER INFORMATION CONTACT:
Kevin Stevens, 451 7th Street SW.,
Washington, DC 20410; email Kevin L.
Stevens@hud.gov; or telephone 202–
402–2673. This is not a toll-free number.
Persons with hearing or speech
impairments may access this number
through TTY by calling the toll-free
Federal Relay Service at (800) 877–8339.
SUPPLEMENTARY INFORMATION: This
notice informs the public that HUD is
seeking approval from OMB for the
information collection described in
Section A.
ADDRESSES:
A. Overview of Information Collection
Title of Information Collection: FHA
Adjustable Rate Mortgages.
OMB Approval Number: 2502–0322.
Type of Request: Extension of a
currently approved collection.
Form Number: N/A.
Description of the need for the
information and proposed use: The
Housing and Urban-Rural Recovery Act
of 1983 amended the National Housing
Act to permit FHA to insure adjustable
rate mortgages (ARMS). The term of all
ARMS insured by HUD–FHA is required
to be fully disclosed as part of the loan
approval process. Additionally, an
annual disclosure is required to reflect
the adjustment to the interest rate and
monthly mortgage amount. Lenders
must electronically indicate that the
mortgage to be insured is an ARM and
the term or type of the ARM.
Respondents: Business or other forprofit.
Estimated Number of Respondents:
2,535.
Estimated Number of Responses:
164,447.
Frequency of Response: On Occasion.
Average Hours per Response: .05.
Total Estimated Burdens: 822 hours.
E:\FR\FM\31AUN1.SGM
31AUN1
Federal Register / Vol. 81, No. 169 / Wednesday, August 31, 2016 / Notices
B. Solicitation of Public Comment
This notice is soliciting comments
from members of the public and affected
parties concerning the collection of
information described in Section A on
the following:
(1) 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) The accuracy of the agency’s
estimate of the burden of the proposed
collection of information;
(3) Ways to enhance the quality,
utility, and clarity of the information to
be collected; and
(4) Ways to 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.
HUD encourages interested parties to
submit comment in response to these
questions.
Authority: Section 3507 of the Paperwork
Reduction Act of 1995, 44 U.S.C. Chapter 35.
Date: August 19, 2016.
Janet M. Golrick,
Associate General Deputy Assistant Secretary
for Housing Associate Deputy Federal
Housing Commissioner.
[FR Doc. 2016–20954 Filed 8–30–16; 8:45 am]
BILLING CODE 4210–67–P
DEPARTMENT OF HOUSING AND
URBAN DEVELOPMENT
[Docket No. FR–5915–N–08]
Notice of Proposed Information
Collection for Public Comment on the
2017 American Housing Survey
Office of the Chief Information
Officer, HUD.
ACTION: Notice.
AGENCY:
The Department of Housing
and Urban Development (HUD) is
seeking approval from the Office of
Management and Budget (OMB) for the
information collection described below.
In accordance with the Paperwork
Reduction Act, HUD is requesting
comment from all interested parties on
the proposed collection of information.
The purpose of this notice is to allow for
60 days of public comment.
DATES: Comments Due Date: October 31,
2016.
ADDRESSES: Interested persons are
invited to submit comments regarding
this proposal. Comments should refer to
the proposal by name and/or OMB
mstockstill on DSK3G9T082PROD with NOTICES
SUMMARY:
VerDate Sep<11>2014
21:59 Aug 30, 2016
Jkt 238001
Control Number 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.
FOR FURTHER INFORMATION CONTACT:
Anna Guido, Reports Management
Officer, QDAM, Department of Housing
and Urban Development, 451 7th Street
SW., Washington, DC 20410; email
Anna Guido at Anna.Guido@hud.gov or
telephone 202–402–3400. Persons with
hearing or speech impairments may
access this number through TTY by
calling the toll-free Federal Relay
Service at (800) 877–8339. This is not a
toll-free number. Copies of available
documents submitted to OMB may be
obtained from Ms. Guido.
SUPPLEMENTARY INFORMATION: HUD will
submit the proposed information
collection package to OMB for review,
as required by the Paperwork Reduction
Act of 1995 (44 U.S.C. Chapter 35, as
amended).
A. Overview of Information Collection
Title of Information Collection: 2017
American Housing Survey.
OMB Control Number: 2528–0017.
Description of the need for the
information and proposed use: The
purpose of the American Housing
Survey (AHS) is to supply the public
with detailed and timely information
about housing quality, housing costs,
and neighborhood assets, in support of
effective housing policy, programs, and
markets. Title 12, United States Code,
Sections 1701Z–1, 1701Z–2(g), and
1710Z–10a mandates the collection of
this information.
Like the previous surveys, the 2017
AHS will collect ‘‘core’’ data on
subjects, such as the amount and types
of changes in the housing inventory, the
physical condition of the housing
inventory, the characteristics of the
occupants, housing costs for owners and
renters, the persons eligible for and
beneficiaries of assisted housing,
remodeling and repair frequency,
reasons for moving, the number and
characteristics of vacancies, and
characteristics of resident’s
neighborhood.
In addition to the ‘‘core’’ data, HUD
plans to collect ‘‘topical’’ data on
disaster and emergency preparedness,
how people commute to work and
commuting costs, the causes and effects
of evictions, and recent delinquent
payments and notices for mortgage, rent,
or utility bills.
The AHS national longitudinal
sample consists of approximately 92,000
housing units, and includes oversample
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60017
from the 15 largest metropolitan areas,
approximately 5,250 HUD-assisted
housing units, and approximately 6,000
‘‘bridge sample’’ housing units. The
bridge sample will allow for estimation
of longitudinal changes between 2013,
2015, when the AHS introduced a new
sample, and 2017. The bridge sample
will also facilitate analyses of the
impact of survey design changes on
2017 AHS estimates. In addition to the
national longitudinal sample, HUD
plans to conduct 15 metropolitan area
samples, each with approximately 3,000
housing units (for a total 45,000
metropolitan area housing units).
To help reduce respondent burden on
households in the longitudinal sample,
the 2017 AHS will make use of
dependent interviewing techniques,
which will decrease the number of
questions asked.
Policy analysts, program managers,
budget analysts, and Congressional staff
use AHS data to advise executive and
legislative branches about housing
conditions and the suitability of public
policy initiatives. Academic researchers
and private organizations also use AHS
data in efforts of specific interest and
concern to their respective
communities.
HUD needs the AHS data for two
important uses.
1. With the data, policy analysts can
monitor the interaction among housing
needs, demand and supply, as well as
changes in housing conditions and
costs, to aid in the development of
housing policies and the design of
housing programs appropriate for
different target groups, such as first-time
home buyers and the elderly.
2. With the data, HUD can evaluate,
monitor, and design HUD programs to
improve efficiency and effectiveness.
Members of affected public:
Households.
Estimated Number of Respondents:
137,000.
Estimated Time per Response: 40
minutes.
Frequency of Response: One time
every two years.
Estimated Total Annual Burden
Hours: 91,333.
Estimated Total Annual Cost: The
only cost to respondents is that of their
time. The total estimated cost is
$67,600,000.
Respondent’s Obligation: Voluntary.
Legal Authority: Title 13 U.S.C.
Section 9(a), and Title 12, U.S.C.,
Section 1701z–1 et seq.
B. Solicitation of Public Comment
This notice solicits comments from
members of the public and affected
parties concerning the collection of
E:\FR\FM\31AUN1.SGM
31AUN1
Agencies
[Federal Register Volume 81, Number 169 (Wednesday, August 31, 2016)]
[Notices]
[Pages 60016-60017]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-20954]
-----------------------------------------------------------------------
DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
[Docket No. FR-5913-N-21]
60-Day Notice of Proposed Information Collection: FHA Adjustable
Rate Mortgages (ARMS)
AGENCY: Office of the Assistant Secretary for Housing--Federal Housing
Commissioner, HUD.
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: HUD is seeking approval from the Office of Management and
Budget (OMB) for the information collection described below. In
accordance with the Paperwork Reduction Act, HUD is requesting comment
from all interested parties on the proposed collection of information.
The purpose of this notice is to allow for 60 days of public comment.
DATES: Comments Due Date: October 31, 2016.
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, Reports
Management Officer, QDAM, Department of Housing and Urban Development,
451 7th Street SW., Room 4176, Washington, DC 20410-5000; telephone
202-402-3400 (this is not a toll-free number) or email at
Colette.Pollard@hud.gov for a copy of the proposed forms or other
available information. Persons with hearing or speech impairments may
access this number through TTY by calling the toll-free Federal Relay
Service at (800) 877-8339.
FOR FURTHER INFORMATION CONTACT: Kevin Stevens, 451 7th Street SW.,
Washington, DC 20410; email Kevin L. Stevens@hud.gov; or telephone 202-
402-2673. This is not a toll-free number. Persons with hearing or
speech impairments may access this number through TTY by calling the
toll-free Federal Relay Service at (800) 877-8339.
SUPPLEMENTARY INFORMATION: This notice informs the public that HUD is
seeking approval from OMB for the information collection described in
Section A.
A. Overview of Information Collection
Title of Information Collection: FHA Adjustable Rate Mortgages.
OMB Approval Number: 2502-0322.
Type of Request: Extension of a currently approved collection.
Form Number: N/A.
Description of the need for the information and proposed use: The
Housing and Urban-Rural Recovery Act of 1983 amended the National
Housing Act to permit FHA to insure adjustable rate mortgages (ARMS).
The term of all ARMS insured by HUD-FHA is required to be fully
disclosed as part of the loan approval process. Additionally, an annual
disclosure is required to reflect the adjustment to the interest rate
and monthly mortgage amount. Lenders must electronically indicate that
the mortgage to be insured is an ARM and the term or type of the ARM.
Respondents: Business or other for-profit.
Estimated Number of Respondents: 2,535.
Estimated Number of Responses: 164,447.
Frequency of Response: On Occasion.
Average Hours per Response: .05.
Total Estimated Burdens: 822 hours.
[[Page 60017]]
B. Solicitation of Public Comment
This notice is soliciting comments from members of the public and
affected parties concerning the collection of information described in
Section A on the following:
(1) 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) The accuracy of the agency's estimate of the burden of the
proposed collection of information;
(3) Ways to enhance the quality, utility, and clarity of the
information to be collected; and
(4) Ways to 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.
HUD encourages interested parties to submit comment in response to
these questions.
Authority: Section 3507 of the Paperwork Reduction Act of
1995, 44 U.S.C. Chapter 35.
Date: August 19, 2016.
Janet M. Golrick,
Associate General Deputy Assistant Secretary for Housing Associate
Deputy Federal Housing Commissioner.
[FR Doc. 2016-20954 Filed 8-30-16; 8:45 am]
BILLING CODE 4210-67-P